The current wine industry is affected not only by local, national and global weather and market conditions, but technological, legal and political developments as well. DBM recognizes the unique issues that impact participants in the wine industry including owners, investors, lenders, growers and support companies, and the critical need for efficient and effective information and guidance. As experts in the wine industry, DBM focuses on the needs and issues affecting wineries and vineyards using a full service approach. Our knowledge of wine costing, inventory valuation and tax treatments is extensive, and our partners are frequently asked to speak at wine industry conferences and write articles for wine publications. One of our partners, Dave Dillwood, has been chairperson of the California Society of CPA‘s Wine Industry Conference Planning Committee eight times, and has been a member of the Central Coast Wine Industry Conference every year since its inception.
Wine industry participants are required to make decisions at various stages in the manufacturing process of wine, from budgeting future winemaking operations to well beyond the end of the effective winemaking process. These decisions rely on the information available to them at the time the decisions are being made. Our extensive knowledge and resources combined with our personal, full-service approach assist our clients of all sizes, from potential start-up to well established wineries, vineyards and vineyard management companies, in making important managerial decisions through a large variety of services including:
- Accounting System Setup
- Inventory costing and margin analysis
- Forecasting, budgeting and detailed profit maximization
- Structure and Estate Planning
- Specialized Tax knowledge and resources
- Financial statement attestation services to assist with obtaining financing