Pateros Creek Brewery

Successful business plan helps brewery bring on investors

242 N. College Ave. Fort Collins, CO 80524

970-484-7222 | Visit Website

When Steve Jones of Pateros Creek Brewery began the journey to turn his passion for brewing beer into a business, he may not have predicted just how long that trip might take. He drafted a business plan, and took that to the SBDC. “It really opened my eyes—it was not what it needed to be” Jones notes. “It needed a lot more substance, especially when it came to my financial projections.”

Under the guidance of an SBDC counselor and the business plan writing class, Jones’ plan went from four pages to 24 through several rounds of revisions. “Our counselor really asked the tough questions. If you believe in your idea, he expects you to back it up. That really helped in creating the plan, and it was great preparation for talking to investors. I’m still amazed at how many businesses start without a plan.”

With the business plan complete, a new name in place, and investors on board, the business purchased brewing equipment and leased space from another craft brewer. Initial efforts focused on the basics—creating great beer, selling kegs, building cash flow, and purchasing ingredients for the next batch to be brewed.

Pateros Creek is seeing better than projected financial results, and is now ramping up its brewing volume and selling kegs, growlers and pints of five different brews. They are looking forward to hiring full-time employees next year, expanding, and starting to can their beer. Pateros Creek beers can be found on 12 taps at nine area bars and restaurants, which also draws people to the tasting room.

"We just wanted to create a great place to go, hang out, and drink quality beer, and the SBDC helped us bring our vision to life.”
Steve Jones

« Back