MKF's Top Ten Winery Financial Strategies for 2004
by Douglas Hart
Dec 2003 Issue of Wine Business Monthly
It will come as no surprise that the last several years have proven financially difficult for many wineries. However, the challenges presented by the economic downturn, increased competition and grape surplus are only part of the story. Consolidation, regulatory changes, and family-owned business issues have also affected the wine industry. The resulting competitive business environment has caused wineries to accelerate their adoption of more sophisticated business practices from other industrie...
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