Few industries are as demanding as the wine industry.
Along with being at the whim of Mother Nature, wineries face the challenges of incurring vineyard development and farming costs which will not yield a reward for several years. Not to mention decisions regarding varietals, spacing and rootstock.
Then there’s production, and marketing, and sales and distribution. In short, the wine business is nearly as complex as wine itself.
At RINA, we understand these complexities. Most notably, our president, Ed Fahey spent three years as V.P. Finance in the industry, and knows first hand the factors that can mean success in this very capital intensive business. Ed’s experience includes:
- The filing of compliance reports mandated by the BATF and state regulatory agencies.
- Negotiations for the acquisition of vineyard properties.
- Acquiring funding sources to secure financing for both vineyard and winery operations.
Our team understands that accounting services go beyond the completion of financial statements and tax returns. We provide advice regarding accounting software for compliance and business operations; point of sale equipment to handle your tasting room operations and wine club administration; and alternate financing structures which balance debt and investor monies.
We look forward to sharing our insights and experiences with you–perhaps while sampling the current vintage!