Tomorrow I will discuss our T-shirt business with Alexander. We will use Music Glue as our marketing arm. We will do the fulfillment from Malaysia.
We will set up a company although Simple Concept will be a good platform since I am exempted from tax because I am a PWD. Plus a sole proprietorship is not subject to audit.
By the look of things, I need to initiate the financial commitment because Alexander is broke flat.
I wonder if we need a warehouse. It is a major headache to manage the fulfillment just between the two of us.
I am still not comfortable doing business with Alexander. I am not good with numbers. So I am counting on him for the accounting. On top of that, I need to fund the company.
This is not a happy thought right now...
So I am going to be a reluctant buyer. Not until I am confident that this venture with Alexander is worth the effort.
I will let him do the talking and I do the listening. Just thinking about it gives me the creeps.
A business is like a baby. Before it takes care of us, we need to take care of them.
Chances are Music Glue will give us the bulk order and they will distribute it to the end customers.
I am not familiar with the merchandise business. All the while my business is professional services. Keeping inventory really freaks me out.
This posting is me venting my worries over the business. If only I can trust Alexander, that will be a different story.
Share your thoughts. I am really jittery here. The business is viable but it's Alexander that I am wary.
SJ 4964
No comments:
Post a Comment