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Budgeting: Equipment

Price of nickel drives the price of stainless steel, and other factors to consider while budgeting for equipment.
byCurtis Phillips
Aug 2017 Issueof Wine Business Monthly
One might think that a winemaker could be fairly insulated from most economic factors that impact the wine industry. As a rule, my budgets are set by the winery general managers and/or CFOs a year in advance. I tend to know how much money I can spend on grapes, yeast, barrels and other inputs. However, big-ticket items, like major winery equipment or tanks, are things that a non-owner winemaker like myself usually has to request funds for so far in advance making it difficult, if not impossible,...
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