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Establishing a Wine Business
Q1: The costs in the vineyard are in collaboration with the raw materials used such as grapes and juices. Finding the best grapes and juices can present with an opportunity to enhance the clientele. The risk of conservation of water, pest-risk, water quality, soil quality, severe weather is some of the risks for wine growers.
Q2: The cost of each vineyard activity includes the maintenance cost, irrigation, soil, harvesting, earthquake, and the procurement of raw material (Roy, 2016). Hiring contract workers would cost around $900 per month and they would require around 8 hours per day at the vineyard. It would cost $10,000 for each vineyard activity …show more content…
Beverage Trade Network. Retrieved from http://beveragetradenetwork.com/en/btn-academy/articles/how-to-manage-cash-flow-to-expand-your-winery-distillery-or-brewerys-distribution--413.htm
LEWIS, O. (2016). NZ wine industry's 'moral' issue - RSE workers face high rents and overcrowding. Retrieved from http://www.stuff.co.nz/business/small-business/79385763/NZ-wine-industrys-moral-issue-RSE-workers-face-high-rents-and-overcrowding
New Zealand wine: a model for other small industries?. (2014). Taylor & Francis. Retrieved from http://www.tandfonline.com/doi/full/10.1080/08109028.2014.933601
Roy, E. (2016). New Zealand's prime wine regions count cost of earthquake. the Guardian. Retrieved from https://www.theguardian.com/world/2016/nov/30/new-zealands-prime-wine-regions-cost-earthquake-millions-harvest
Simone, P. (2008). Winning with Wine. Entrepreneur. Retrieved from https://www.entrepreneur.com/article/195112
Starting a Winery Business - How Much Does It Cost? | ProfitableVenture.com. Profitableventure.com. Retrieved from …show more content…
(2015). The Academic Wino. Retrieved from http://www.academicwino.com/2015/04/starting-new-wine-business.html/
Top 5 Success Factors and Challenges in Operating a Winery. (2011). Winebusiness.com. Retrieved from https://www.winebusiness.com/news/?go=getArticle&dataid=91836
10 Ways to Boost Cashflow. Scotiabank.com. Retrieved from