I talk to a lot of people who are just getting started with a wine business. Many of them are either starting as a custom crush client (wholesaler) or as an alternating proprietor. (See my two previous posts) No matter which of these types of licensing they are getting I always start out our conversation by asking them questions about what their business model is going to look like. Why am I so curious about their business model?
A business model for a wine business will tell me specific information that will have certain compliance “impacts” that they will need to know about.
Compliance impacts? Like what?
Some examples include:
- What are your responsibilities vs the winery’s.
- Where and who you’ll be able to sell & ship your wines to
- What ongoing compliance tasks you’ll be required to keep up with
All of the above items are covered whether I am talking to a soon to be custom crush client or alternating proprietor. Each of the examples listed here has a very different answer depending on your original licensing type. (CC client VS. AP)
My focus with assisting new wine businesses get off the ground is always to start them off with as clear of a picture as possible for what to plan for in their compliance preparation that is going to impact their business dynamics moving forward.
The less surprises the better for anyone just starting out when it comes to what they need to know AND what they can and cannot do as a wine business.
If you’ve long thought about starting your own wine business and would like to know what that will look like sign up for my free “Smart Start Wine Business” call. These are designed to provide you with details around licensing, planning time frame, and a clear picture of what to expect in the short and long term for your wine business.
To sign up send an email to: firstname.lastname@example.org with the subject “Smart Start”.