Australia is a wonderful country with wonderful people. It is one of the most sought after tourist destination and anyone who has a tour in mind would always have an itinerary down under always in his or her mind. At the same time Australia is also famous for world class wine and other alcoholic drinks. These drinks are exported far and wide. Apart from providing thousands of millions of dollars by way of foreign exchange there is no doubt that it also is a big factor as far as the economy is concerned. It employs thousands of people and for many these wine making units are family businesses which they have been running for hundreds of years.
While all this is fine, there is increasing competition in the foreign markets even for these quality wines and other alcoholic drinks. Therefore, it is important for even the well settled wine makers to find out ways and means by which they can move their business from one level of success to another and also survive the onslaught of competition from other countries. The best way is to consolidate the entire wine making industry and merging smaller players with bigger ones. This might look a bit inhuman but there is no doubt that inorganic growth is the only way by which it would be possible for these rural wine makers to take on big giants in the international wine making industry.
This certainly would call for taking over some existing wine business and merging it with the bigger ones. Though this inorganic growth mode is certainly a good move implementing it on the ground is not easy. There are a number of things that must be kept in mind and it certainly would call for thinking through the entire process and only then taking a decision. There would also be the need to take the help and services of many professionals including financial experts, property lawyers and last but not the least property valuers and appraisers.
The main role of these professionals is to give the right advice and counsel to the owners which would enable them to take an objective decision based on facts. For example the role of property valuers is important because they will be valuing the unit that is being planned for takeover. Since the entire takeover could be worth thousands of dollars a careful valuation is must. However, the conventional building valuers will not be able to do the job and specialist valuers should be hired for the job.