The Advisor Magazine: Issue #24 –

As the economic outlook treads lightly, corporate companies are making moves and Boston is getting “squeezed”.
  • Drizly and Gopuff join forces;
  • Challenges and opportunities for Boston restaurant owners;
  • Pocket licenses in Boston;
  • Bottle bills coming;
  • Valentine’s Day trends;
  • Tax credits for small businesses;
  • and more!
Lots of questions coming up for owners – remember, we’re always here to help.
Click Here To Read The Advisor – Issue #24.

The Advisor Magazine: Issue #23 –

We start the new year with newfound hope and possibility but what does that look like for successful business owners and stakeholders?
  • Trends for success for liquor stores, restaurants and grocers in 2023;
  • The year of innovation;
  • Is 9 alcohol licenses enough;
  • Tax relief for small businesses;
  • and more!
Welcome to 2023 in the liquor license industry, let us know how we can help make it a success for you and yours.
Click Here To Read The Advisor – Issue #23.

The Advisor Magazine: Issue #22 –

In the blink of an eye, we are coming up to the end of 2022 – it’s been one to remember that’s for sure!
  • The result of “No” for question 3 and what it means for owners;
  • What consumers will be gifting this holiday season;
  • Tax Credit Programs for restaurants, liquor stores and small businesses;
  • Predictions for the liquor industry in 2023
  • and more!
In this issue, we recap the year that was and what to expect in 2023.
Click Here To Read The Advisor – Issue #22.

The Advisor Magazine: Issue #21 –

As the November 8th election approaches this week, the division on the issue of retail distribution grows.
Tell everyone you know to support local and independent operators by voting YES on Question 3.
In Issue #21 of The Advisor we discuss:
  • The ‘Milestone Moment’ for the liquor industry;
    • How to support the unsung heroes of the service industry;
    • What to stock your shelves with for the holidays;
    • Employee Retention Tax Credit Fast Program for owners;
    • and more!
In this issue, we push the hot buttons of today’s liquor industry.
Click Here To Read The Advisor – Issue #21.

Confidentiality is really important from a seller’s perspective but marketing and talking to people about a business to sell it is crucial.

It is understandable that you want it to be kept really quiet but you want everybody to know about it. The fact is that we only want the people that should know about it to know about it.

As soon as you start talking to people, confidentiality becomes a big concern. The best thing that you can do is work with your team and start to desensitize them for when they hear that the business is for sale.

Prepare the staff and explain to them that everything is for sale for a price and selling the place is an option any day if somebody showed up with the right number.

Talk to the staff about recent sales in the industry so it doesn’t come as a shock.

Priming them and hearing about it for the last month or two will desensitize them. These are just some ways to minimize the amount of trouble that comes with someone breaking confidentiality.

When you or your liquor license broker start to talk about selling your store to potential buyers, confidentiality is a valid concern.  When you file an application before the town to transfer the license it becomes public knowledge. There’s no way to avoid it!

Before the information goes public, you want to make sure you have conversations with the important people and make sure that you have had a discussion with key employees.

Most importantly, you want to have a discussion with your landlord to make sure they know what your plans are. The landlord is going be an essential part of this from the very beginning. If you are going to transfer the business to somebody else and they want to stay in that location, the landlord needs to be involved early on rather than later.

Only you know that answer as the owner. You’ve been dealing with this landlord for years, know his personality best, and know how they will react.

If you’ve been a good tenant all along and have been straightforward this shouldn’t be a problem. Once that application gets filed, everybody’s going to know about it so prepare yourself and seek advice when needed.

If you would like confidential advice we are here to guide you. We will give you some tools, tips and tricks on how to do that.

The Advisor Magazine: Issue #20 –

About a month to go before the historic vote on question #3 for the liquor license industry – vote YES. Tell your friends and family to support local and independent operators.

In Issue #20 of The Advisor we discuss:
In this issue, we discuss the future of the industry.
Click Here To Read The Advisor – Issue #20.

The Advisor Magazine: Issue #19 –

Holding on to Summer and preserving the 3 tier alcohol system. Not sure what the opposition was expecting but The 21st Century Alcohol Reform Bill is going strong.

In Issue #19 of The Advisor we discuss:
In this issue, we take a look at the direction the industry is heading nearing the final quarter of the year.
Click Here To Read The Advisor – Issue #19.

Time For Nine

Grandfathering Off Premise Licenses

November 8, 2022 is a date that all liquor store owners should have circled on their calendar as a lot rides on the outcome of a proposed ballot question for 21st Century Alcohol Reform bill.

Most recently, more than 19,000 signatures from the public were filed in support of the reform, which over time would gradually increase the current number of licenses available to a single retailer from 9 to 18 by 2031.

Why is the number 9 so important?

As previously mentioned in Retail Tier Reform: Looming 21st Century Alcohol Changes in Issue #17 of The Advisor, the license cap for the sale of all alcoholic beverages (beer, wine, and liquor under the same license) would be reduced from 9 to 7. Retailers will be allowed more licenses overall; however, the cap for all alcoholic licenses will be lower.

For retailers who are currently near or wanting to capture the 9 license limit, they will have to pick up licenses quickly and start now.

With the cap increasing and the quota remaining the same, simple economics of supply and demand suggest that anyone who has a controlling interest in multiple stores, specifically those with all alcoholic licenses will greatly benefit.

For successful retail owners with great ambitions of increasing their capacity, this is not a time to “wait and see”. Your climb to nine licenses has to start now while there’s still time to get them under agreement.

Waiting around on the sidelines to see what happens won’t work and in fact will be too late. If you need a plan, we’re here for you. Call us any time at 781-319-9800.

To read the full article – check out The Advisor Magazine – Issue 18.

 

 

Saving Mom & Pop Shops

Vote YES To Question 3 on November 8, 2022

On Friday, July 15, the Mass Pack Association announced to its membership that the Office of the Secretary of the Commonwealth has confirmed that the Association’s ballot initiative petition (the “Expanded Availability of Licenses for the Sale of Alcohol Beverages”) will appear on the ballot as Question #3 this November. The announcement proclaimed, “Not since the repeal of Prohibition has an issue of this importance within our industry been put to voters. This is historic.”

The announcement, put forth by Ryan Maloney, President of MassPack and owner of Julio’s Liquors in Westborough, MA; and Benjamin Weiner, Chair of the 21st Century Alcohol Retail Reform Committee and owner of Sav-Mor Spirits in Somerville, MA, comes after a year-long process that involved signature campaigns and the tireless efforts of the Mass Pack Association to bring awareness to their membership and to the general public.

The announcement breaks down just exactly what a YES vote in November entails:

A July 7 ballotpedia.org article entitled “Two Massachusetts ballot initiatives filed a second round of signatures for a spot on the November ballot” explains the somewhat convoluted process of a ballot initiative becoming a question on the ballot, stating that: “The process for initiating state statues in Massachusetts is indirect, which means the legislature has a chance to approve initiatives with successful petitions directly without the measure going to the voters” and that “[the initiative] submitted the required 3% of signatures in December 2021 and were presented to the state legislature in early 2022. Since the state legislature did not act on the initiatives by May 4, the initiatives were cleared to gather a second round of 13,374 signatures to qualify for the November ballot.”

The Daily News reported on July 9 (and then updated the report on July 13) that “[the proposal] to expand retail beer and wine sales…cleared a final hurdle to the November ballot,” which is positive reinforcement to local liquor stores who believe that small business in Massachusetts is under attack and that they are fighting for their survival by undertaking the ballot initiative, which has now become a reality as Question #3 on November’s ballot.

Support local liquor store businesses by making A YES vote on Question #3 in November!

To read the full article – check out The Advisor Magazine – Issue 18.

 

 

The Advisor Magazine: Issue #18 –

No signs of stopping for the battle growing on both sides on controversial liquor license issues across the state.
In Issue #18 of The Advisor we discuss:
In this issue, we take a look at both on and off-premise issues getting ready to boil over.
Click Here To Read The Advisor – Issue #18.

 

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