#MannequinChallenge

The next time someone asks if the people at your bank are “stiff”, show them our version of the Mannequin Challenge!

Here’s the link to our video on Facebook: https://www.facebook.com/EnterpriseFinancialServicesGroup/videos/1850306328537235/

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Messin’ With That Hoodoo: Voodoo Brewery

When Matteo Rachocki was brewing beer with his brother, Curtis, in college they dreamed about starting their own brewery. They experimented with different ideas and recipes, loving the creativity that came with creating their own beer. Fast forward to 2010 when Curtis started working at Voodoo Brewery and found out that the business was struggling. Matteo describes, “One day when my brother had come to work there were several shutoff notices and the Economic Progress Alliance of Crawford County and the Meadville Redevelopment Authority had filed for repossession of the assets.” Noticing an opportunity, Curtis introduced Matteo to the owner of Voodoo and worked out an agreement to become a controlling investor in the company. His brother and a team of family and friends also became investors. Saving a brewery and turning it into an absolute success may never have been what Matteo dreamed, but he can certainly say that he loves the way everything turned out.
I asked Matteo to give me a brief description of Voodoo and what they sell. He responded, “We brew artisanal ales and lagers right here in Meadville, PA. Our beers are “higher gravity” and carry a larger ABV then most other craft brewed beers. Our process begins by selecting only the finest ingredients from all over the globe. We source ingredients from Belgium, France, the United Kingdom, Spain, Germany, Canada, and the USA, to name a few. This includes everything from our grain, hops, and yeast, to orange peel, raspberries, cherries, chocolate, and bourbon barrels. No sacrifice is ever made in the quality of our beer to save time or money. We firmly believe the purest and best ingredients make the best beer. We operate on a steam-jacketed 10-barrel (310 gallon) copper brew house manufactured by the Pub Brewing Company. We currently have four 10-barrel fermenters, one 20-barrel fermenter, and six 10-barrel brite tanks. Additional holding capacity is achieved through the use of bourbon barrels that we age some beer in. We currently have 80+ barrels in use from multiple distilleries.” This is a far-cry from where the company was when Matteo became the owner in 2012. For those interested in learning more about the exact beers that Voodoo Brewery has to offer, I have listed out some of their more popular brews. Voodoo brewery is known for their beer, Cowbell, which is a double chocolate oatmeal stout on nitro. Voodoo also has very popular IPAs, such as their Hoodoo which has a citrusy taste with not as much of a bitter aftertaste. Voodoo makes a point of creating craft beers that have different tastes to them so that you’re always getting a unique experience. Most of their beers are somewhere between 7 and 9.5 percent alcohol content.


It is undeniable that Matteo is a strong businessman and has created something that he can be proud of. The advice that he has for those looking to start their own business is to build a strong team around you. He also makes a point to say that you have to reward/compensate them appropriately because “your business will only be as strong as those who make it up.” When Matteo was following his own great advice and setting up an ESOP for his team, he met ESOP advisors Ambrose Advisors. This connection was how he was connected to Enterprise Bank. Matteo has only kind words to say about his relationship manager and the relationship that they now share. “It was a breath of fresh air to work with a bank that truly takes a stance on “financial partner” the way Enterprise Bank does. We value this new and blossoming relationship and look forward to what is to come.” The last thing I wanted to know was how Matteo felt about the overall experience he had with Enterprise Bank. He replied, “Simply put, the best dealings I have ever had with a bank in my personal or professional life, EVER! I continue to recommend them highly to anyone who is looking for a true financial partner in their business.”
If you’d like to learn more about Voodoo you can visit them at http://www.voodoobrewery.com or on Facebook at http://www.facebook.com/Voodoo-Brewery. If you’d like to purchase Voodoo beer you can purchase at any of their four locations (Meadville, Homestead, Conneaut Lake or Erie – coming this fall) as well as beer distributors, bottle shops, restaurants, and grocery stores in all of PA, as well as parts of NY, NJ and OH.
Interested in experiencing the grand opening of the new Erie location?  The grand opening of the new Brew Pub is Saturday, September 17th at 101 Boston store place at the corner of State and 8th Streets, Erie PA .  We hope to see you there!

Justin’s Last Day

Today is Justin’s last day with us as our summer intern and it’s a bittersweet moment. We’ve enjoyed having him here and it will be difficult to see him go. But we are so proud of him and can’t wait to see all that he accomplishes in his senior year of school. We only have amazing things to say about Justin and all that he has accomplished here with us. I wanted to speak with Justin one last time before he left to get his reflections on the summer months. “It was an amazing and unique experience,” he says. He told me that he couldn’t imagine getting the same kind of experience anywhere else.  While at Enterprise, Justin was able to work with each department to get a hands-on perspective of our operations.  “If I were at any other bank I would’ve been stuck in one department doing unimportant work, but at Enterprise I was able to work in every department and do real work that mattered.”  Justin was also able to see the concept of how the information flows through our bank and how each department works with each other to make things happen.  But, the greatest thing that Justin talked about was how much he loved the people here.  “They welcomed me with open arms and really helped me out.”  Justin describes our staff well and says that they took time out of their schedule to work with him and make him feel like they were there to support him.  “I wouldn’t have been able to do any of this without them.”  Thank you Justin for choosing to intern with us, we will miss you, and we wish you all the best in the future.

 

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Enterprise Bank Subsidiary Spotlight: EBC-Bookkeeping

When you think about Enterprise Bank, the first thing you will probably think of is the banking aspect; financing, accounts, loans, and all sorts of financial tasks. What you probably don’t know is that Enterprise Bank has many different subsidiaries that operate within the bank, but also outside of the bank. One such subsidiary is the Bookkeeping Subsidiary, which is part of Enterprise Business Consultants, run by our very own Michael Drop. I asked Michael to describe what they do, “In short, we provide timely and accurate financial information to small businesses so that they can make informed business decisions. The work can be done at our offices or at the client’s site, whichever they prefer. We enforce the Relationship Manager Concept by providing clients of the bank who use our services with financial information that they can discuss with their RM, which enhances the RM’s role as a trusted advisor. But what really sets us apart from other bookkeeping firms is our ability to utilize different software programs and integrations to help clients gain information more efficiently, accurately, and at lower cost, which in turn adds value to their business.” Clients can access our bookkeeping subsidiary whether they are a client of the bank or not, which makes this a truly unique concept.

Drop

To learn more about the bookkeeping subsidiary you have to learn more about the people that work there. The man who makes it happen is Michael Drop. Michael has his undergraduate degree in accounting from IUP and just recently finished his Masters of Accounting at Chatham University. Michael developed his love of helping small businesses during an internship at a small firm he says, “After working with the firm’s clients I realized I enjoyed helping small businesses and knew that’s where I wanted to go with my accounting career.” Michael has been with the subsidiary for almost 2 and a half years. Over that time he’s gotten to do accounting work for clients in a vast array of industries and recently expanded his abilities into business development and client prospecting. Michael doesn’t operate the ship alone, though, he has a strong team that works with him. When asked about his team he said, “There are 4 people that work for the bookkeeping sub, including myself. We have Linda Hall, who has been working for the company for almost 8 years and has over 30 years of accounting experience in various roles for different companies. Our newest addition, Ryan Sweeney, is a recent graduate from Indiana University of Pennsylvania. He’s been working hard for the past couple months and is eager to take on new clients! Last, but not least we have Debbie Kirk, who works out of the Kuzneski & Lockard office in Indiana. Debbie is a valuable asset to our firm as she has over 20 years of accounting experience.” Kuzneski & Lockard is a real estate subsidiary of the bank that operates out of Indiana, Pennsylvania. I asked Michael if he could tell me a bit about some of his newer clients that he’s been working with. Currently he’s doing some part-time controller work for a non-profit school that teaches infants to 6th grade. While the school has a full-time bookkeeper, sometimes a person in that position may not necessarily have the accounting knowledge needed to prepare accrual based financial statements. Michael also assists the school in a number of smaller projects when they need his help. I asked Michael what he’d like for potential clients to know about the bookkeeping sub. He responded honestly, “I want people to know about the value that we can add to their businesses. I’d like to not be ruled out as a good fit for a potential client since our service packages are fully customizable we can be a good fit for almost any client’s unique situation. The only way to find out if we’re a good fit is to schedule a FREE consultation, call (412)753-8956 if you know someone who would benefit from our services, and if you’re not sure if they will benefit don’t hesitate to call me and we can discuss what we can do to help them!” To learn more about Enterprise Bank please visit us at www.enterprisebankpgh.com or give us a call at (412)487-6048.