by evansfox | Mar 17, 2013
Following several European wineries, Mira Winery, a Napa Valley winery launched in August 2012, has undertaken an unusual experiment. It submerged several cases of wine in the Atlantic waters off South Carolina to test how ocean conditions affect the wine’s aging...
by evansfox | Feb 16, 2013
There are a lot of documents, applications and questionnaires that must be submitted when applying for a liquor license with the State Liquor Authority. The SLA has started enforce yet another requirement to the ever-growing list of things that are submitted in order...
by evansfox | Feb 13, 2013
The SLA may issue a “miscellaneous” permit to a not-for-profit organization to conduct a tasting and/or competition for wines made by non-licensed individuals for personal or family use. Only not-for-profits can hold these events and each organization can only hold...
by evansfox | Feb 13, 2013
Start-ups seeking debt or equity financing will endure a due diligence process conducted by lenders and investors. Failure of the entire management team to be prepared and to have the same vision and supporting documents can stop a deal from moving forward. Having a...
by evansfox | Feb 9, 2013
One of the ways a winery or microbrewery can raise funding is through a private placement. This is where a private investor gives money to the business in exchange for an equity stake in the business. This is not debt financing because there is no obligation to make...
by evansfox | Feb 8, 2013
Vineyards historically have about a 25 year life. The infrastructure and land investment is substantial, so owners want to select the best sites to locate new plantings. There are some newer grape hybrids that fare well in subzero climates, but not all areas in New...
