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Nonny Beer
Vancouver, British Columbia, Canada
He / Him
Co-Founder / CEO
(3)
3
Project
Academic experience
60 hours of work total
Learner
Anywhere
Advanced level

Project scope

Categories
Accounting Operations Financial modeling
Skills
cost management financial analysis cost structures cost reduction industry standards management operations product quality (qa/qc) benchmarking
Details

Nonny Beer, a growing craft non-alcoholic brewery, is seeking to optimize its financial operations by identifying cost-saving opportunities and improving overall efficiency. The company has experienced rapid growth, leading to increased operational costs that need to be managed effectively. The project aims to conduct a thorough financial review of Nonny Beer's current scenario, focusing on areas where costs can be minimized without compromising product quality or employee satisfaction. Learners will apply their knowledge of financial analysis and cost management to identify inefficiencies and propose actionable strategies for cost reduction. The project will involve analyzing financial statements, reviewing operational processes, and benchmarking against industry standards to ensure Nonny Beer remains competitive and financially sustainable.

Deliverables

The deliverables for this project include a comprehensive financial analysis report detailing current cost structures and identifying potential areas for cost savings. Additionally, the team will provide a set of actionable recommendations for cost reduction and efficiency improvements. A presentation summarizing the findings and proposed strategies will also be delivered to Nonny Beer's management team. These deliverables will equip Nonny Beer with the insights needed to make informed financial decisions.

Mentorship
Domain expertise and knowledge

Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.

Hands-on support

Direct involvement in project tasks, offering guidance, and demonstrating techniques.

Tools and/or resources

Providing access to necessary tools, software, and resources required for project completion.

Regular meetings

Scheduled check-ins to discuss progress, address challenges, and provide feedback.

Supported causes

The global challenges this project addresses, aligning with the United Nations Sustainable Development Goals (SDGs). Learn more about all 17 SDGs here.

Good health and well-being

About the company

Company
Vancouver, British Columbia, Canada
2 - 10 employees
Consumer goods & services, Food & beverage
Representation
Small Business Family-Owned

Nonny is an Vancouver based Non-alcoholic beer company started by 2 brothers in early 2022.

Nonny was built on the belief that great beer should be enjoyed in abundance without sabotaging life's big plans. Founded by two beer loving brothers in search of a brew that works for you, not against you, Nonny Craft Non-Alcoholic Beer is brewed in Canada with a focus on traditional brewing processes and simple natural ingredients without preservatives. Whether you’re ditching alcohol all together or just trying to pump the breaks on your evening, mix in a Nonny to bring some balance to your life.