Credit Mark Wallace. Used with permission under Creative Commons License.
Starting a new beverage manufacturing business takes more than a good beverage, it takes money. Selling ownership shares in your business is an attractive source of start-up funding, but it’s risky. When you take money from investors in exchange for ownership, two things are true. First, your investors expect you to deliver on your promises about the success of the business. Second, federal and state securities laws make you responsible for those promises.
What happens when you don’t deliver on your promises or you violate federal or state securities laws? Often you have to give investors their money back, and that’s the best case scenario.
Manufacturers and bottlers of wine in Florida are regulated by the State of Florida and the federal government. This post discusses the state-level licensing of wineries in Florida.
Used with Permission From Creative Commons
How does the State of Florida define “wine”?
Manufacturers and bottlers of wine are subject the same licensing requirements in Florida, but what does wine include for this purpose? Wine includes all beverages made from fresh fruits, berries, or grapes, either by natural fermentation or by natural fermentation with brandy added. Cider is a wine according to Florida law, so cideries must be licensed as a winery rather than a brewery. Mead and honey wine do not exactly fall within the definition of wine under Florida law, but meaderies are generally required to be licensed as wineries too.