Posts

Eight Ways To Ensure That Your Pennsylvania Winery Or Hospitality Business Remains In Order

/0 Comments/in , /by

Forming a separate business entity for your new or existing winery, restaurant, corporate_compliance300_0catering, or wine based hospitality business is a critical step. Your corporation is responsible for the debts and liabilities of your wine or hospitality business shielding your personal assets separate from those of your business. But once the business formation process is complete, your job isn’t finished. You must ensure that your Corporation or LLC entity remains in compliance so that your “corporate veil” is not pierced, making you personally liable for the debts of your wine or hospitality business.

Here are eight ways to ensure that your Pennsylvania winery or hospitality business remains in compliance.

1.) Do not co-mingle your personal and business finances.

2.) Maintain your regular and annual corporate minutes and resolutions.

3.) Be sure to file your annual reporting requirements with the Secretary of State.

4.) Record any changes and amendments to your Articles of Incorporation and file
those timely with State and Federal Regulatory bodies, i.e Municipal Reporting and Zoning Requirements, Liquor Control Boards and the Federal TTB as applicable.

5.) If you operate out of state, make sure your business is legal out of state in the event you need to qualify as a “Foreign Corporation of LLC” within the state that you are doing business.

6.) Take time out of your busy schedule to address your administrative legal requirements.

7.) Maintain your corporate tax filings just as you would with your individual taxes.

8 ) Contact your Accountant or Legal Counsel should you run into any compliance issues.

How To Ensure Your Wine and Hospitality Business Success In 2012

/0 Comments/in /by

wine pourimages
If you’re preparing to open your own winery or hospitality business you have no doubt heard the warnings “its a jungle out there” or that “most businesses fail within the first five years”.

Whether your winery, restaurant, or hospitality business success or fails, the one sure truth is that you’ll be guaranteed to have some challenging times. Building a successful wine or hospitality business can be a true roller coaster ride. New entrepreneurs often underestimate the difficulty and pain that comes with starting a new business. The responsibilities are great. The time pressures are demanding. The financial investment often comes with significant personal costs.

The good news is that if you have fire in your belly, building your own business into a success will give you a personal sense of satisfaction and joy. It feels good. Thus if you’re starting a new winery, restaurant, or hospitality business in 2012, it is essential that you do it right. Here are just a few good tips:

You should consider preparing an effective business plan.
Know your market.
Watch you cash flow.
Deliver a good product or service.
Implement the right legal protections.
Listen to your customers.
Participate in your industry’s trade organizations.
Hire a good attorney who understands your business.

Arming yourself early on at the inception of building your new winery or hospitality business will go a long way to helping your business grow and become a success. And, by all means, “get in where you fit in”

An End To Swipe And Blow For Pennsylvania Wine Consumers

/0 Comments/in /by

The Pennsylvania Liquor Control Board has ended its ill-fated wine vending program after a year’s experiment with statewide grocery stores. The wine kiosks located at 21 stores throughout the state required customers to swipe their ID, blow into a breathalyzer and look into a security camera to buy their wine. The program came under tough scrutiny with customer complaints, mechanical problems and lagging sales. This week, the PLCB concluded the wine kiosks program after the manufacturer Simple Brands LLC of Montgomery County defaulted on a payment of more than $1 million per Joe Conti, CEO of the PLCB. The end of the kiosks program comes during a time where House Majority Leader Republican plcb_kioskMike Turzai has introduced a bill to privatize the state’s liquor system proposing the sale of liquor licenses wherein supermarkets would be able to purchase licenses and sell wine to its customers. Alternatively, the PLCB initially envisioned the wine kiosks program as a way to implement modernization into the state’s liquor control system. Meanwhile as the turf battles continue in the industry, some of us are still looking for ways to “eat local” and “drink local”. Now what say you?

Does The Pinnacle Of Professional Achievement In The Wine World Excite You?

/0 Comments/in /by

winetasterimagesDoes The Pinnacle Of Professional Achievement In The Wine World Excite You? Do you have a serious interest in wine? If so, perhaps you are Pennsylvania’s future Master of Wine! A Master of Wine is someone who has demonstrated through rigorous examination, a knowledge or all aspects of wine and ability to communicate their wine knowledge clearly in order to bring wine communities together.

It is said the “hardest test of knowledge” in the wine world is the Master of Wine Exam. Administered by the Institute of Masters of Wine (IWM) the program has fewer than 300 graduates in total. With essays and blind tastings, very few test takers pass both requirements on the first try.

But don’t let difficulty keep you away from gaining the wine world’s most prestigious credential. Graduates are known to be in the wine world’s most exclusive club. After all, it is the pinnacle of professional achievement in the wine world. Okay I’ll admit, I’ve thought about it myself a time or two. What about you?

For more about the Masters of Wine, read Mike Steinberger’s take on the matter at Slate.com: The Master of Wine Exam

Shout Out To Pennsylvania Winery and Hospitality Bloggers: Whose Got The Juice?

/0 Comments/in /by

2WBA_logo_rotatorIt’s that time again folks! The nomination period is open for the 2011 Wine Blog Awards. We can look forward again to seeing which social media wine bloggers are giving American media a run for its juice. Will your winery’s blog be chosen to be amongst this year’s nominees?

Go now and make your nomination! 2011 Wine Blog Awards

Beer, Wine & Spirit Producers Fight Back Petitioning Congress To Reject HR1161.

/0 Comments/in , /by

The wine wars continue.

Members of the Beer, Wine & Spirit Industry joined together recently to urge members of Congress to oppose the “Community Alchohol Regulatory Effectiveness” Act of 2011 (CARE), the legislation (H.R. 1161) sponsored by the wholesellers tier of the Alcohol Beverage Industry.

Wine America, The Brewers Association, Distilled Spirits Council of the United States, Wine Institute, Beer Institute, and the National Association of Beverage Importers strongly oppose H.R 1161. In their recent letter to Congress, the producers stated “We strongly oppose H.R. 1161, which like its predecessor in the last Congress, is unnecessary. Its provisions would harm consumers and the marketplace, limit consumer choice, and allow states to enact protectionist and anti-competitive laws. It this bill becomes law, it would make it much harder for brewers, vintners, distillers, and importors to get their products to market.”

To view the entire letter, read here.

Is Your Winery, Wine Or Hospitality Business On Trickster, Fraudster, Scammer, Gangster Alert?

/0 Comments/in , /by

Just how alert are you from the tricksters, fraudsters, scammers, and gangsters that are out to drain your winery, wine or hospitality business profits? These predators prey on the fact that while you’re out planting grapes, stocking the tasting room, meeting with new vendors, or maybe seeking counsel with me, you’ll be to busy to notice that your winery or hospitality business has been targeted by yet another treacherous scam.

Perhaps its an invoice for a product you didn’t order. Or maybe you’re being hounded by a debt collector seeking a past due collection on an internet service you didn’t buy. Could it be you’re being gouged for some ink you didn’t receive?

Either way, now is as good of time as any to learn how to protect your business from these predators. Take a moment now to watch this video and learn what you can do to protect your business from fraud.

Now, tricksters, fraudsters, scammers,and gangsters beware!

Pennsylvania’s Winery Neighbors In The Garden State Of New Jersey Have A New AVA Designation.

/0 Comments/in /by

Pennsylvania’s neighbors in the Garden State of New Jersey continue to emerge as east coast regional wine producers with its recent American Viticulture Area approved by the US Department of the Treasury’s Alcohol, Tobacco, Tax and Trade Bureau. The South East geographic portion of the state has been designated The Outer Coastal Plain AVA.

This is exciting news for the state’s emerging wine industry. I look forward to including more posts on New Jersey’s winery/hospitality industry and as a member of both Pennsylvania and New Jersey state bars, to address their future legal needs as well.

Meanwhile, for more on this news read Dr. Lawrence Cola’s: New East Coast AVA Established

Pennsylvania’s Galen Glen Winery Gets Big Kudos From Global Wine Reviewer

/0 Comments/in /by

There aren’t many Pennsylvania Wines if any that grab the attention of the famous global wine reviewer himself, Mr. Robert Parker. Happily, I wanted to give a very special shout out and big “congratulations” to my winemaker friends on the Lehigh Valley Wine Trail, Sarah and Galen Troxell at Galen Glen Winery for it’s notable Gruner Veltliner and Zweigeit Wines recently reviewed by Mr. Robert Parker. There is a lot to celebrate in the tasting room at Galen Glen Winery. To learn more about this great review read here: Robert Parker Scores Gruner Veltliner

Have You Considered “Greening” Your Pennsylvania Winery or Hospitality Business?

/0 Comments/in /by

Have you considered “greening” your Pennsylvania Winery or Hospitality Business? If so, you may want to follow in the footsteps of University of California, Davis. Looking to serve as a model for wineries and hospitality industries throughout the nation, UC Davis has launched the world’s “greenest” winery, brewery and foods facility. The new winery, brewery, and food processing complex was designed to serve as a “test bed” for production processes and techniques that conserve water, energy and other resources. For more information read: UC Davis Launches World’s Greenest Winery, Brewery, and Foods Facility.