Looking for business partners

**KonsripK** · 26-04-2009, 11:22 PM

Hi guys . I'm setting up a online clothing shop with my gf. We're are from taiwan and we have everything mapped out and in hand . We're are looking for a serious partner interested in doing it with us. Please email us @ kulture51@hotmail.com / taisukii@Hotmail.com

We'll be getting instocks from taiwan and the website has been already set up. Fully launching in JUNE..
Serious partners only.

**poetsdesign** · 29-04-2009, 05:32 PM

Quote:

Originally Posted by KonsripK

Hi guys . I'm setting up a online clothing shop with my gf. We're are from taiwan and we have everything mapped out and in hand . We're are looking for a serious partner interested in doing it with us. Please email us @ kulture51@hotmail.com / taisukii@Hotmail.com

We'll be getting instocks from taiwan and the website has been already set up. Fully launching in JUNE..
Serious partners only.

Good luck my friend..
I hope you will be success in this business
I also starting business in Singapore, Btw where is the location of yours?

**KonsripK** · 29-04-2009, 08:07 PM

Gonna base it online first. If response not bad i thought of setting my first @ tampines maybe ?
What are u starting ?

**svpam_ms** · 29-04-2009, 08:42 PM

I have a question, since you have everything going, what for you want to take on an additional partner and dilute the profits?

**KonsripK** · 29-04-2009, 10:06 PM

Cos a bigger capital means a bigger range of stuffs and instock. Bigger profit margins.
My startup capital is not that huge.

**svpam_ms** · 30-04-2009, 10:32 AM

Perhaps you might want to state that on your thread, otherwise people with no capital funding will be approaching you and at the end of the day waste your time. It will be best to state your criteria at the onset.

Technically, it means the business partner will be taking on more risks than you since the person will be providing more capital that you? You might want to reassure the person again, most people are unwilling to take out money to do business if the risks is there. And there is no way to put a fix on the expected profits.

That's just my 2 cents worth. It's just some personal experience I wish to share. Anyway, you can choose to ignore it, if you think I am blabbing nonsense.

Cheers =)

**MYnt** · 30-04-2009, 11:28 AM

i can provide trinkets =) pm me?

**KonsripK** · 01-05-2009, 03:07 PM

svpam : thnx for ur advice anyway. Yeah .I agree with u . Only thing is that i will be putting in more capital in . I'm just looking for a partner . Investing and helping out . But after what u said , i too think that its hard to look for 1 here. Guess i've to do it my own or just find 1 of my own friends perhaps =)

**kirbykel** · 01-05-2009, 06:36 PM

Hmm...

If you are asking for people to provide capital, you will probably need to put up some sort of plans as to what you are doing. At least what sort of returns on investment that you expect, regardless of where you ask for capital.

Without a business plan and ROI, probabnly only those who trust you alot, and have no real experience with business will provide capital for you.

Aleternatively, you can attempt to get loans from banks.

Actually, if you plan it out carefully, you can have a wider range of items available for sales without stocking up. Especially if your shop is an online one. Have pictures of items that you want to sell, and when you get sales, you can immediately place an order and have it delivered.

You run the rist of not having the stock delivered on time, or that it is no longer in production. You will need to have a good relationship with your supplier, and if the items your supplier is providing is no longer available, you will have to take it off your website.

With a bit of plan - know delivery times and such - you can then save on having to maintain a large amount of stock, as well as the rental you pay to keep the stock.

Of course, for the items that do sell really well, keep some stock, and have a 'replenish' level set - hit certain number of stock left and you have to order some for stock.

This way, you need not get more capital, and dilute your earnings.

K.

**zahfran** · 31-05-2009, 02:21 AM

Quote:

Originally Posted by kirbykel

Hmm...

If you are asking for people to provide capital, you will probably need to put up some sort of plans as to what you are doing. At least what sort of returns on investment that you expect, regardless of where you ask for capital.

Without a business plan and ROI, probabnly only those who trust you alot, and have no real experience with business will provide capital for you.

Aleternatively, you can attempt to get loans from banks.

Actually, if you plan it out carefully, you can have a wider range of items available for sales without stocking up. Especially if your shop is an online one. Have pictures of items that you want to sell, and when you get sales, you can immediately place an order and have it delivered.

You run the rist of not having the stock delivered on time, or that it is no longer in production. You will need to have a good relationship with your supplier, and if the items your supplier is providing is no longer available, you will have to take it off your website.

With a bit of plan - know delivery times and such - you can then save on having to maintain a large amount of stock, as well as the rental you pay to keep the stock.

Of course, for the items that do sell really well, keep some stock, and have a 'replenish' level set - hit certain number of stock left and you have to order some for stock.

This way, you need not get more capital, and dilute your earnings.

K.

I think you could just say dropshipping which would be so much easier..

**watme** · 31-05-2009, 11:28 AM

Dropshipping is one of way of not forking large amount of capital. But the internal price factor will affect your retail price(your product will be expensive), the Dropshipping fees?

What I think that dropshipping's products cost price are more expensive.