Posts Tagged "winery"
Rappahannock Cellars – a Family Winery
We visited Rappahannock Cellars for the third time Saturday. Located in Huntly, Virginia, an unincorporated community in Rappahannock County, Virginia, Rappahannock Cellars is a Virginia winery opened in 2000 by the Delmare family. We stayed with my brother-in-law in Front Royal, Virginia for the Columbus Day weekend. I made the short trip to Huntly from Front Royal on my bicycle, always a wonderful way to start an adventure. My wife, daughter, brother-in-law, mother-in-law, and a couple of very good friends from Maryland met me at the winery for our visit. Mostly cloudy skies and pleasant temperatures made for a comfortable day. The Setting The northern tip of...
Read MoreIncome Accounts for Your Winery Chart of Accounts
In this article, we discuss income accounts commonly included in a winery chart of accounts. Please see our article concerning the importance of your winery chart of accounts as an introduction to this topic. Income results from transactions that increase the value, or net worth, of your winery. Income can be a confusing term as it is used to represent many different types of accounting measurements. For example, net income is what we commonly refer to as the “bottom line” and is a topic we will look at more closely in a future article. Net income is not an account, but the “net” combined amount of certain accounts and is also sometimes referred to as profit, or...
Read MoreTake your winery to the next level – 2015 Wine Tourism Conference
If you’re running your own winery, or thinking of starting one, we have some news that may help kick-start a new opportunity for your business. The 2015 Wine Tourism Conference is being held in northern Virginia on November 18-20! This conference will offer you a full three days learning a whole lot more about the business side of running a successful wine tourism venture. If you’re serious about realizing the full potential of your winery, looking at the potential for diversifying into wine tourism really is a no-brainer. As a fast-growing area of the wine industry, it’s a sector that’s just ripe for the picking! Wine tourism is an expanding...
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