Collection Management
A wine or whisky collection is a moving target as new bottles are purchased, drunk or given away. It can be very difficult to manage over time. The best way to mitigate this is by creating a strong management plan from the start.
Inventory – The most important part of understanding any collection is knowing what you have. WineAdvise will complete an onsite inventory, creating an organized listing of all wines with proper names, designations, regions and countries. The inventory is the basis for any additional services.
Organization – Many clients enjoy having a home cellar, but it can be difficult to keep track of where wines are. WineAdvise assists in designing or setting up the wine cellar in a structured manner. This may be by region, vintage, style, country, etc. We will customize the structure of each cellar and make sure there is room in each section to grow.
Ongoing Management – Once the collection is inventoried and organized, things can quickly deteriorate if steps are not taken to manage moving forward. WineAdvise will help put a system in place with our proprietary Vitis Software program to keep values current, understand drinkability and keep track of outgoing and incoming bottles.
Wine & Whisky as an investment – WineAdvise tracks both wine and whisky for trends that would lead us to believe there is potential for those bottles to increase in value over time. There is no guarantee, but wine and whisky have both shown to do well compared to other tangible assets. If you are interested in learning more about potential investing, please contact us for more information.
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