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WineBoard / RESOURCES AND OTHER STUFF / Wine Biz/Investment v
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/ Shelf Life and other things to know

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Shelf Life and other things to know
08-19-2004, 03:03 AM,
#4
Mike G Offline
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Posts: 2
Threads: 1
Joined: Aug 2004
 
Hi hotwine / foodie,

Thanks for your replies. I did think to myself as I posted my message that it sounded a little naïve. I believe that’s because I posted a question looking for information without trying to justify my attempting to do something without any experience. So I set out here some background – sorry if it rambles on a little.

I use the word business because I know that I will not be able to do this without a professional approach not least in complying with all the rules, regulations and standards that apply. I use the word hobby because I am retired and need nothing from the venture other than something to hold my interest and give me some satisfaction. I would like to make a profit but would be happy to break even. I believe that is attainable because the country I intend to do this one of the new EU countries which has previously had a lot of areas closed and protected to the native population which is now open to the other EU citizens i.e. there is little competition. I have a lead-time of about 6 - 9 months before committing myself. I recognise I have a lot to learn and as I progress I may learn that it is something that is going to give me more pain than pleasure.

Up to now I have spent my time identifying what is required by all the regulatory authorities and what taxes, duties etc they impose. I then turned my attention to buying and targeted South Africa because up until 3 months ago I lived there. Naively I thought that there would be a wholesaler there who would supply me with my chosen wines at a price less than I had previously purchased them in the local (South African) supermarkets. I searched the Internet and sent emails to organisations which looked appropriate. All the reply emails came from producers offering me wine by the case or asking me if I wanted to be their ‘agent’. I recognise that I am unqualified and so many ways to put myself forward as their agent but I also recognise that for them to offer in the first instance is an indication of how under represented they are in my chosen country (opportunity?).

I have lots of questions and lots of things I need to learn. I have been to the wine importer nearest to me here (In UK) and he was not interested in answering my questions. I have telephoned others and some have been very helpful with advice. I found this group and posted my question – one of my questions.

Any observations gratefully received


Regards


Mike G
(Learner)
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Messages In This Thread
[No subject] - by - 08-18-2004, 10:05 AM
[No subject] - by - 08-18-2004, 01:32 PM
[No subject] - by - 08-18-2004, 04:06 PM
[No subject] - by - 08-19-2004, 03:03 AM
[No subject] - by - 08-19-2004, 06:40 AM

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