Grape expectations

How Lisa Law turned her small business into a profitable winery.

While many professionals wind up opening their own business, it’s the lucky few whose businesses are truly “wined” up. That’s the case for Lisa Law, 51, who left her job as controller with a mining equipment company in Orillia, Ont., in 2010 to purchase a seven-and-a-half-acre farm in Port Williams, NS, and convert it into Planters Ridge vineyard and winery. She and her husband, John, planted grapes the following spring and renovated the property’s 9,000-sq.-ft., 150-year-old barn to house the winery. Last year, the couple and their two full-time staff produced 2,500 cases of reds and whites, priced at $15 to $23 a bottle, and expect to turn a small profit by the end of this year. “It’s a lifestyle as much as a business,” says Law.

About the Author

Tamar Satov


Tamar Satov is managing editor of CPA Magazine.

comments powered by Disqus

Highlights

Jointly presented by CPA Canada and CPA Ontario, The ONE is the must-attend, multi-track event of the year, designed for all CPAs who want to be at the top of their game.

Our Firm Directory allows you to search for Canadian CPA firms using our interactive map as well as other criteria.

You’re in the eye of the storm amid a swirl of slips, forms and receipts. Chart your way through tax-time turbulence with these updates and resources.