A book by Paul Dakis, Peter Hayes, Drew Noon and John Whiting is an interesting report – the financial guide for those, who consider investing in vineyards and wine production.
Recently I have been searching for any reports that help me write a business plan and check the profitability of investing money (and time, and work) in a small vineyard in France therefore I find this report very helpful and I was very happy when I found it by chance between other books.
Of course you can say the report is quite old and authors write about a vineyard in Australia but in general this small book provides the background from which I can create my own report considering the changes in a world of wine, a different location of vineyard and totally different market.
The book is very easy to understand and provides not only information about all the elements that need considering while investing in a vineyard and winery but also helps to understand the reason why the authors think of different scenarios.
Original title: “The Profitability of Investing in a small Vineyard and Winery”; Authors: Paul Dakis, Peter Hayes, Drew Noon, John Whiting; Agriculture Victoria; Lynch Rural Agricultural Business Consultants; Research Report Series No. 87; March 1995; Produced with the support of: Grape and Wine Research and Development Corporation; State Government of Victoria Agriculture and Food Initiative Funding. ISBN 0 7306 4172 4.