Risk & Business Magazine Miller Insurance Fall 2017 | Page 6

WOODHOUSE BREWERY Woodhouse Brewery Gaining A Name For Itself G raham Woodhouse got his start in the brewing business working at Labatt and soon decided to use his entrepreneurial skills to become a brewer himself. He spent some time researching how to get started— where to source materials, packaging requirements, licensing processes, and recipes. He had previously done some home-style brewing and knew he was looking to create a flagship beer that was smooth, easy to drink, and rich in colour. Since the launch of Graham’s first product in 2014, his eponymous company has launched four additional beers, capturing the interest of the Toronto restaurant and bar scene with its thousands of patrons. All of the company’s products are 100 percent natural, using no artificial additives or preservatives. Although the company currently rents space in other Toronto facilities, it plans to break ground on a new space within the next twelve to eighteen months. Graham skipped the conventional marketing and advertising route, preferring a grassroots effort, knocking on doors and asking bar and restaurant owners to sample his products. He focused his attention on certain trendy neighborhoods within the city, hoping the novelty and taste of his beer would quickly catch on. The effort was time-consuming, but it paid off big as his bar and restaurant clientele grew to nearly four hundred. Graham is now marketing the company’s products outside Toronto, branching out into Ottawa and London, and possibly additional cities down the road. In 2016, he launched into the retail channel—which is government owned— and now has his product in about 150 retail locations. Each new location requires a personal sales visit from Graham to introduce staff to his products and try to get them onboard as advocates. “It’s great entering retail as a novelty product—people want to give it a try to see if it will catch on,” says Graham. “The “All of the company’s products are 100 percent natural, using no artificial additives or preservatives.” 6 challenge is to get people to come back for more after that initial purchase.” His goal is to continue to increase his retail business so that it eventually comprises about half of sales. From the company’s inception, Graham has financed everything on his own, particularly impressive in light of the brewery’s strong growth trajectory. Having the proper insurance is critical to his operation, says Graham, especially now with seven employees and multiple vehicles on the road. He depends heavily on his insurance agent, Tyler Hopkins of Miller Insurance, to protect his business. Graham’s risks include everything from cutting his hand on a beer can to getting a batch of bad ingredients. Tyler checks in regularly with Graham as the business has grown, making sure the brewery’s policy is adequate to cover the increasing size of inventory, the four-vehicle fleet, potential cyber-attacks, tools and equipment, and risks such as product recall and stock spoilage. Graham, busy both on the road with customers and working on novelty product development, is happy to have Tyler in his corner to take care of the insurance details. “I have enough to do without worrying about everything that could go wrong,” he says. “That’s why I have Tyler.” +