How To Reduce Risk for Your Beverage Company

There are risks and reward with any business. Naturally, business owners want to experience more rewards than risks when producing and distributing a new product. Whether you’re starting out or you’ve been in the industry for a while, it doesn’t matter. Read on to see how you can reduce the risk for your beverage company.

Perfect the Formula

Perfecting the formula is the best way to reduce risk. You need to ensure what you’re selling is safe and refreshing. Go over all the ingredients needed to make the beverage and test out every combination. Also, don’t skip out on quality testing either. Remember, you have to spend money to make money.

Get the best of the best and conduct several trial runs. With proper testing, you can address quality-related risks immediately. During this process, test the shelf life and production of the beverage so that there are no surprises during the distribution phase.

Properly Label the Bottle

Honesty is the best policy. It’s important to be transparent with your customers so that they know what they’re consuming. And, of course, you legally have to do so. Properly label the bottle with all the essential ingredients used to create your product.

In the event of an allergic reaction, you want to cover all your bases. With total transparency, you don’t need to concern yourself with lawsuits or slander regarding your product. Make sure the measurements are precise and exact on the label for further protection.

Secure the Packaging

Before you transport the product from the manufacturers to the distributors, you need to package them correctly. Avoid any leakage or exposure by securing the lids or openings on every bottle. Consider using shrink wrap to reduce the risk of contamination.

Securely packaging the products also increases their shelf life and keeps them fresh for your customers. When they sip from the beverage, they want to quench their thirst. If the product is stale or flat, they will be disappointed.

Maintain the Facility

Maintaining the facility may be the last thing on the list, but it’s the most crucial point. This is the place where your team prepares and creates the product for you. There can be no room for error in this location. Ensure that the building always remains clean. Working in an un-sanitized lab will result in an ineffective product.

Make sure your team follows the proper health and safety procedures with every testing and task they complete. Never work with any damaged or contaminated equipment. This protects your products and your team.

Reduce all the risk factors for your beverage company so that you can properly reap the rewards. Keep your business and your clientele happy.