TIPS FOR ACHIEVING SUCCESS IN WINE BUSINESS

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TIPS FOR ACHIEVING SUCCESS IN WINE BUSINESS
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• Wine business is a tough and a very competitive
  business to do, as there are thousands of
  wineries found around the world of which 90 of
  these wineries distributes wines world-wide plus
  it takes time for you to really established
  yourself in the business.

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• Therefore, you will have to apply extra wisdom
  and put more efforts to understand how the
  business works so that you can have a successful
  running of your wine business. In this article,
  we shall be discussing on some of the basic
  things you need to know or adopt before starting
  a wine business.

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Be enthusiast about the business

• People who have the view and think that they are
  just going to have a vineyard, grow grapes, walk
  through the vineyard, get a winery, and just sit
  and wait for the wine to get sold automatically
  are making a great mistake.

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• Starting winemaking business requires a lot of
  patience and passions, because it takes more than
  a year for the vine to grow and start making
  grapes for wines. If you can be able to have the
  zeal and be convinced that you will stand the
  test of time, then you are on the right track to
  having a successful winemaking business.

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Money

• It doesnt matter how big or small you want to
  start what matters most is that, you will need
  money than you think. It is important to know
  that, if you start a vineyard newly it will take
  you 3 to 4 years for your first crop to get ready
  for action.

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• Therefore, you should know that maintenance of
  the vineyards and other miscellaneous requires
  money to do that. If you dont prepare well, you
  may end up having budget overrun.

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Know your target markets

• Once you have your grapes ready for processing
  and you have successfully make your first wine
  you will need to know what next is required of
  you. You will have to attract the interest of a
  wholesale distributor who is willing to sell the
  wines to the retailers around or beyond.

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• It is important to know that this is not an easy
  job to do however, if you can promote your
  product on social media or distribute your
  business cards, then everything will seem to be
  under control.

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Know the rules and guidelines

• After making all the necessary arrangement you
  need to put in place and the wines are ready for
  sale do not rush into making distributions
  without registering with the appropriate
  authorities.

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• If your product is registered, you will be given
  license and permission to start selling your
  wines without limitations. However, if you are
  unable to secure permission to sell your wines,
  your business will be under risk and will be
  unsecured.

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• Also, some of these wines can be alcoholic, and
  you will need the approval from the appropriate
  authority (government) before selling them.
• If you can be ale to follow this advises above,
  I assure you of thriving greatly in your
  winemaking business.

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