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Thanks for your responses. Yea it’s basically a coop buying and selling group (as we would have one central online selling platform) member fees would go towards advertising the selling platform and I am thinking of asking members for an upfront payment towards the cost of the stock /...
I agree this is the right place to start, and this is where I started 6 months ago. The issue I faced is that the other partner / member businesses wanted everything already set out on a plate. ie. company structure, physical products, margins, marketing plans etc. I wanted to have a chat and...
Thank you for your reply, very informative :) What you are saying makes complete sense and all things I will be thinking about and taking on board.
To be honest, I run a shop... I have ambition for more but not enough knowledge or funds! I can see that in my industry, if we don't start moving...
Thank you for the reply. To be honest, we haven't decided on the structure, I am waiting for advice from a business advisor regarding this. All options are open at the moment but I was leaning towards a limited company where the members are just members and not shareholders. (I am sorry, I am...
I know I haven’t listed the industry, but bare in mind that these are large, expensive products that are traditionally better for people to come and buy in person so that they can ensure they get the right thing, but the world being what it is at the moment, the e-commerce sector is expanding...
I completely agree but these 3 sites you have listed are multi vendor platforms therefore are collective selling which is similar to what I am suggesting - the difference is that it wouldn’t be multiple listings of the same product, it would be one listing of each product available for delivery...
I think MLM is a pyramid scheme? No, this is not that! it is essentially creating a “chain” of nationwide physical shops without them actually being a chain. individual shops (such as mine) do not have access to the kind of capital which allow them to import their own products directly (to cut...
Hi everyone, I am new here, and I am glad I have finally found a community of likeminded people (after looking in all the wrong places!). I am hoping to get some advice regarding an idea that I have been working on.
I currently own and run 2 shops which buy products from UK suppliers (who have...