Wednesday, September 5, 2007

End of the month

With 35 full time employees plus 2 managers, this is becoming a sizable company. If you take in account our seasonal employees who are still in the vineyards finishing a few tasks. In addition, the harvest is about to begin with more than 40 people, not counting the other agricultural companies helping us with our Bordeaux, Margaux and Pomerol. We should also ad the properties in Roussillon, the ones from the Vignobles Fayat, etc… The wine business and viticulture provide jobs for a good number of people in our beautiful country.

To that, you have to ad labor cost. One of the reasons why our government is trying to find a different route via the VAT to finance such cost, but this issue is not yet resolved. In addition, equipment, bank loans, capitals invested need to be added.

Fortunately, despite sluggish business from our mass merchant accounts, all our other markets are working well, including the USA which is on top with good growth, then Northern Europe. In total, a increase of 30% over 2006.

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