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Winery losses present unique challenges, and it can be easy to encounter issues when evaluating them. The goal of this session is to provide attendees with enough background on the winery industry and winery losses in order to know the right questions to ask when dealing with them. This program will cover an overview of the typical kinds of winery losses, a high-level walk-through of the winemaking process, the crucial variables when it comes to valuing associated losses, how the loss really impacts the business and the wine, and the common mistakes that experts tend to see when evaluating winery losses.
Program Agenda
Background on the winery industry;
The winemaking process;
Understand the specific vineyard/winery being valued; and
Think through every step of the process.
Learning Objectives
Developing enough technical knowledge to understand the nuances of winery losses;
How to resolve valuation issues on winery losses by better understanding what stage of process the damaged goods were in at time of damage; and
Strategies for avoiding the most common mistakes in valuation involving a winery loss.
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