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15 years 8 months ago #55

For the German market you're probably better off with "Paddy O'Leprechaun's Alte Irische Brauhaus"

15 years 8 months ago #56

To be sure, to be sure.

15 years 8 months ago #57

&amp;quot;Barry M&amp;quot;:12no5sxb wrote: I dunno if "Bauernhaus Bier" has a market potential here <!-- s:D --><img src="{SMILIES_PATH}/icon_biggrin.gif" alt=":D" title="Very Happy" /><!-- s:D -->[/quote:12no5sxb]

how about you go more alliterative- "Der Bauerbier von Der Barry"

Starting a brewery: the megathread 15 years 4 months ago #58

Can someone explain the bond thing so I actually fully get it? When I try and explain it to other people it sounds like a sort of insurance policy.

If I went to a bank and told them I have a warehouse, I'm going to brew beer and ask them to bond it for me. Is it essentially a loan? If they bond it for €100k would it be treated like a loan that I have to pay off with interest?

Same goes with a brewpub. If I bought a pub and decided to brew my own beer, I need a bond so how exactly does it work?

It seems to be the confusing thing to me. How much of a stumbling block is the bond?

Is it the biggest deterrent to setting up a brewery or brewpub?

Starting a brewery: the megathread 15 years 4 months ago #59

&amp;quot;Saruman&amp;quot;:2dm16iqu wrote: it sounds like a sort of insurance policy.[/quote:2dm16iqu]It's an insurance policy for the taxman, against the possibility of you absconding with the money owed.

&amp;quot;Saruman&amp;quot;:2dm16iqu wrote: Is it essentially a loan? If they bond it for €100k would it be treated like a loan that I have to pay off with interest?[/quote:2dm16iqu]No. The money doesn't go anywhere. The bond is only a promise by the bank to pay the taxman the €100k if the taxman can't get it off you. If you're a good boy and pay your taxes the bond will never be needed.

&amp;quot;Saruman&amp;quot;:2dm16iqu wrote: Same goes with a brewpub. If I bought a pub and decided to brew my own beer, I need a bond so how exactly does it work?[/quote:2dm16iqu]Same way. Revenue would inspect your pub exactly as if it were a warehouse: is the on-site beer secure enough?

&amp;quot;Saruman&amp;quot;:2dm16iqu wrote: Is it the biggest deterrent to setting up a brewery or brewpub?[/quote:2dm16iqu]I doubt it. I'd say commercial rents and the difficulty of breaking into the Irish market are bigger problems for a brewery. Less of an issue with a brewpub, but there you've got the cost of buying and renewing a licence to contend with.

Starting a brewery: the megathread 15 years 4 months ago #60

You also have to pay quarterly fees to the bank for having the bond <!-- s:( --><img src="{SMILIES_PATH}/icon_sad.gif" alt=":(" title="Sad" /><!-- s:( -->
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