Fill a form in 3 easy steps - less than 5 mins.
Posted: April 20th, 2022
Ownership structure of the new business: Canadian Controlled Private Corporation (CCPC). Your team members are the owner/operators of this business.
Your tourism business offer will operate in the Wine Industry. Some info on the industry:
Total size of the industry is about $9 billion in Canada.
Average winery generates about $600,000-$700,000 in revenue annually.
Ownership structure of the new business: Canadian Controlled Private Corporation (CCPC). Your team members are the owner/operators of this business.
The charts on the next page list the start-up costs for a typical winery that produces 5,000 to 15,000 cases annually:
Capital assets
Description Low range High range
Land, Plant, & Office $400,000 $1,200,000
Other Equipment (receiving equipment, cellar equipment, material handling, refrigeration system, fermentation & storage, cooperage [first 3 years], tasting room) $400,000 $800,000
Pre-opening soft costs (costs incurred prior to any revenue earned)
Description Low range High range
Full Time Salaries $100,000 $300,000
Part Time Salaries $5,000 $20,000
Pre-opening marketing, website, public relations $15,000 $25,000
Professional fees (lawyer, accountant, etc.) $5,000 $10,000
Utilities $10,000 $15,000
Insurance $5,000 $15,000
Other (Point of sale technology, other software, etc.) $5,000 $10,000
Working capital
Description Low range High range
Cash reserve $0 $50,000
Grapes (Inventory) $85,000 $250,000
Packaging (Inventory) $125,000 $370,000
Other current assets (supplies, prepaid expenses, tech purchased, etc.) $5,000 $10,000
Financing Options Available
Equity Investment (a potential partner wants 49% of business with max investment of $1,500,000, but will take lower % for less investment)
Short-term loan (up to $250,000 @ 8.25% interest)
Long-term loan (up to $1,500,000 @ 5.5% interest)
Final Question: Which financing source(s) will go towards which start-up cost categories (capital assets, expenses, current assets) above?
————-
The new company’s ownership structure is a Canadian Controlled Private Corporation (CCPC). This business is owned and operated by your team members.
Your tourism business proposal will work in the wine industry. Some industry information:
In Canada, the industry is worth approximately $9 billion.
The average winery generates $600,000-$700,000 in revenue per year.
The new company’s ownership structure is a Canadian Controlled Private Corporation (CCPC). This business is owned and operated by your team members.
The charts on the following page show the start-up costs for a typical winery producing 5,000 to 15,000 cases per year:
Capital possessions
Low range description
a wide range
$1,200,000 for land, plant, and office
Other Equipment (receiving equipment, cellar equipment, material handling, refrigeration system, fermentation and storage, cooperage [first three years], tasting room)
You Want Quality and That’s What We Deliver
Our writing team is assembled through a rigorous selection process, where we handpick accomplished writers with specialized expertise in distinct subject areas and a proven track record in academic writing. Each writer brings a unique blend of knowledge and skills to the table, ensuring that our content is not only informative but also engaging and accessible to a general college student audience
Competitive pricing is a cornerstone of our service, where we balance affordability with exceptional quality. In offering the best writers at rates that rival other writing services, we ensure that students can access top-notch content without breaking the bank unnecessarily. Our fair and transparent pricing structure is designed to provide value for money, making us a go-to choice for students seeking high-quality writing services at an affordable price.
Academic integrity is paramount to our writing service, which is why we produce original research and writing content for every paper. Each piece of work is carefully written from scratch, ensuring that every sentence, paragraph, and page is authentic and free from plagiarism. Our rigorous quality control process involves thorough scanning of every final draft, guaranteeing that the content meets the highest standards of originality and academic integrity. With keen attention to citation and referencing, we ensure that every source is properly credited, giving you complete peace of mind. We also have the best plagiarism checkers like safeassign and turnitin thus providing similarity score for each paper.
When you decide to place an order with Dissertation Help, here is what happens: