The story is actually very clear. It is the story of how the three brothers and sisters inherited their father's winery.
A winery is an asset, and estate taxes in France are as high as 45 percent. In the movie, it was calculated that they had to pay $500,000 in inheritance tax, and the three brothers and sisters did not have that much cash. What to do, it is nothing more than either scraping together the money and paying it, or selling the winery and paying it. The second sister wants to brew her own wine that is different from her grandfather and father, so she doesn't want to sell it. The eldest brother's life focus is in Australia, and he wants to sell it, but his girlfriend and son want to separate from him, and he doesn't know whether to sell it or not. The third child became a son-in-law and wanted to preside over the winemaking business of his father-in-law's house, but his father-in-law said that he was not that kind of material and assigned him to engage in farm entertainment, but he was not happy.
The solution did not come overnight, at least it took a year.
First, the second sister brewed high-quality red wine with the help of the whole family, proving her ability; second, the eldest's girlfriend and son returned, and the relationship eased, the eldest wants to return to Australia, and France is not the focus of life; third, The third child and his father-in-law clearly didn't like each other. Therefore, the boss's solution is to sell his Australian wine, pool money to pay the inheritance tax, and the second and third have to pay the boss's share of the land rent. I think that a winery should not sell out every batch of wine, nor should it be sold out. If it sells out, it will not be able to blend the wines of various years, and it may also lose the benchmark sample of good wine. The eldest needs to collect hundreds of thousands of dollars, and his Australian winery inventory is likely to be sold for a large part, which is a huge loss, and the loan has not been paid, he needs the French home winery to give him cash to pay the mortgage. The second child has proved the strength of winemaking and can produce products and sell wine, so the third child also moved back.
The decision of the three brothers and sisters is not to sell assets, but to rely on management.
Looking at Boriandi, few wineries sell vineyards, because they can only make wine, and the vineyards are next to each other. If you sell it, you will have the chance to get a good vineyard, otherwise it will be impossible to sell.
Craft brewing should be regarded as an agricultural and sideline industry, and such a large area only produces a little bit every year, which is actually not cost-effective, but there is no way, they only know this skill. My father-in-law also wanted to make money, and the strategy was to open a farmhouse.
Therefore, it is best not to sell assets, and mastering skills is fundamental.
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