Is this an OK profit for a wine company?

Question

My cousins wine company earns $45320 a year. Is that ok, or do you think he that's below average? Thank you

Answer 1

his facilities must be a home style operation. Real wineries make a million or more a year, and that is only the small operations.

Answer 2

ok lord, i'll give my opinion, if your cousins generate margin ( after you deduct between sales and operation expense) i think it's ok, but depend if your cousins have target the sales. And there is some quetions for your cousins:

1. before he/she opened the wine company, does he/she conducted in wine industry? oe well known in Wine industry and wine businees, because there is different if you know just wine industry without know the wine business.

2. and he/she told that he/she earn $45320, and he/she want compare to which company?

3. he/she has main competitors?

you couls give my quetions to your cousins.

best regards

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