Long before the first grapevine is planted we encourage prospective clients to write a business plan. We believe it is the most important first step for your business. We can review and fine tune your existing plan, or we can write your business plan in accordance with your vision for your winery. The business plan considers many variables such as wine styles, types of grapes and cost, number of cases of production, retail vs. wholesale business, growth rate and many other details.
Important reasons to do a business plan:
- To fully examine what you want to do. The exercise of preparing a business plan allows you to get it out of your head and onto paper. The marketing plan examines how the product will be marketed and sold. The financial plan examines all your expenses and projected income.
- To examine revenue and expenses over a time frame
- When seeking outside financing
- For a reality check
- To serve as a guide for your business. Our business plans include dynamic financial spreadsheets with inputs (assumptions) that can be changed according to real time inputs.