Debt and Wine Makers

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Most people don’t realize that a red wine sits in barrel and then bottle for well over 2 years on average.  In terms of debt, you have to pay for grapes for over 3 years before being able to sell a single bottle of wine.

Sucks huh?

For those companies doing a large percentage of wine gifts and wine gift baskets like http://www.uncorkedventures.com/WineGifts it evens out a bit, but overall it is a bad way to try and earn a living don’t you think?  Think about a bank having to do the same thing….you buy a house and live in it for 2 years without making a payment.  It just seems crazy doesn’t it?  In wine, that kind of debt is the only way to be in business-so everyone does it!

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