I came across this great though anonymous quote on the Internet: “Needing insurance is like needing a parachute. If it isn’t there the first time, chances are you won’t be needing it again.” I have discussed risk in this column a few times, but never insurance. In my opinion, insurance and risk go hand and hand.
Published in Orchard and Vine Magazine on: December 4, 2013
Laws are like a mirror that reflect the society they govern. When laws become outdated, they are no longer respected and become difficult to enforce. Laws that impact the public safety and health of citizens should stay up-to-date, which includes liquor laws that should be amended to reflect current trends in the social sector. However, as is the case with our liquor laws, needed changes are sometimes slow to occur and interested parties must lobby government to make them happen. We are now starting to see the benefits of such efforts to make changes to our liquor laws.
Published in Orchard and Vine Magazine on: September 26, 2013
It is all about standing out. In any industry being known and having a recognizable name is essential to growth and success. In the wine industry, it is about distinguishing your product from all the others and getting the customer to buy your bottle over the next one. This is especially important for small estate vineyards where reputation and word of mouth are key marketing tools. A recent trade-mark opposition case before the Canadian Trade-marks Opposition Board addressed this issue.
Published in Orchard and Vine Magazine on: June 3, 2013
An important part of operating a financially successful business is income protection. Most business owners recognize the need to protect business and personal assets from those who could bring legal claims against the business. This is called creditor proofing.