It’s time for your own Winery Startup
What could be better than having your own business of wine delivery startup? Nothing in this world compares to the soft acidic and sweet smell of freshly mulled wine. It’s almost like therapy. It’s the perfect companion to every kind of emotion that a human being can feel, rage, love, joy, hatred, anger, happiness, sadness, jealousy.
It can be an arbitrary gift or a carefully planned and thought out present to cherish forever. A bottle of wine is not a thing. It is a partner. A companion. A friend that can be with you in any way on any day. So, if you can convert this bottle of joy into a money minting business for yourself, there’s nothing better that could happen to you!
So, the seed is planted. You have already decided to venture into the lands of a Winery delivery Startup. But what is the first step? How to proceed and dip yourself into a financial engagement involving grapes and bottles?
Well, here are a few important pointers that might help you get started with your Wine delivery Startup
Objective
Yes. You want to start your own winery, but what is the objective of it? Do you want to make a name in the booze world for yourself? Is this a pet project? Are you trying to make a product for the masses? Or are you preparing a very select and rare item?
Once you have the answer to these questions, what remains is for you to work with the focus towards those goals. Do a little research. And by little, we mean a LOT! Make sure you know whatever there is to know about the business and the complications pertaining to your objectives before you proceed.
Choosing a location
Real estate is one of the biggest problems when it comes to establishing a winery. You can’t grow grapes anywhere. Say, the prices of land are low here, so let’s build a winery right around this corner. That’s really not how things work. Every strain of grape requires a different kind of climate, different kind of soil and other important stuff.
This is why you will have to identify a location that is suitable to grow grapes. Then you have to look for a place that has enough space to grow the grapes and then turn them into wine. Don’t be stingy. It is a little capital intensive, but will definitely reap you the money you put in.
Finalize the type of grape you want
One kind of grape can give you multiple kinds of wines. But it is always the best thing to grow more than one kind of grape here. Do a little research about which type of grape requires the least amount of effort in growing but can result in a beautiful, full-bodied wine.
Speak to a couple of connoisseurs and find out what you should do and what you should not. Get a great cook to make a beautiful recipe for wine with your own specific twist. Something that no other brand can replicate.
Cost Calculation
Well, the business to which you are looking further to commence is not a low budget one. It’s a classy business as the primary product is classy too. Winery business requires a lot many things while starting up. And the first requirement of this business is an investment of money. You will have to invest a lot of money in your pocket. Also, keep in mind that you won’t be earning much in the first couple of years after commencing a winery business.
Your investment will not be stopping here, you will have to keep investing in some specific period of time. And this investment will not be from coming from the business profit as you won’t be making any profit so early in this business. This will be your business maintenance investment and that too from your own pocket.
Complete Paper Work Issues
Accept it or not a wine comes under a type of alcohol and where there is alcohol production, there are paper works. Paperwork doesn’t mean filling up a few forms and it’s done. Paperwork for winery business means filling up legal form throughout a day. In this business, you will have to complete all the paperwork until that, you will not be allowed to commence your business.
Also, after completion of paperwork and before commencing your winery business, you will require your license number and also a permission letter from the ministries of alcohol and beverages department. If you are not comfortable with this much of paper works then consider hiring one legal advisor who will handle all your paper works on behave of you. But make sure, hiring a legal advisor will also cost you a lot.
Bottle it
Branding and packaging is the most significant aspect of building your brand. It will give you the classy image that you were after when you started the winery. So make sure that your design stands out from the rest. Your bottle is something that people will keep with themselves for a long time, so make sure that it is a conversation starter. It has to be unique, beautiful and worthy of piquing someone’s interest.
On the whole
Make sure that you tread carefully with this wine delivery startup business. It is a very capital intensive business and therefore makes sure that you don’t end up spending unnecessarily on it.
