CMS: Business of Wine

Hi all, thank you for the above video. I'm having a discussion with another wine director and we seem to disagree on one question when it comes to pricing wines so I thought I would ask here: in the formula "selling price=cost price/(1-GP)", do you use the cost (excl. GST) or the cost (incl. GST)? Thanks! 

Thank you. Found my two hours to watch this. Guildsomm has always been the best. But you have bettered it in last two months, if that’s even possible. Thanks a ton Guildsomm team

So much practical information here, presented in a very organized way. This was two hours well spent, and i learned a great deal.

One note though regarding the discussion of Madeleine Tiffon. I feel that a statement like "she's one of the most amazing *female* masters on the planet" is doing a disservice to not only Madame Tiffon, but to women in general. You're either good at what you do or not. The sooner we do away with generalizations and classifications based on gender (or race, sexual orientation, ethnicity, etc.), and just evaluate people on their performance and character, the better. If/when it's even necessary to evaluate people at all. ;-)

Thank you to the presenters and GuildSomm for putting this together.

Great work!  Thank you for the time and work involved in planning this presentation!

Thank you Mr.Kruth.