- Joined
- Dec 13, 2009
- Messages
- 440
Rep Bank
$555
$555
User Power: 15%
Hi, I need some advice on what type of partnership I need to setup.
Here's what happens:
I have a friend in another country and we'll be selling a product manufactured in his country. The partnership is 50/50. We'll pay a guy there handling the packaging and shipping for us and we just have to concentrate on sales, refunds, etc.
Sales will be online at the start and if we do well we'll try to expand and do some partnerships in several countries, trying to get some distributors and such.
Each of us have our own business doing some online stuff.
My question is what type of partnership we setup:
1- Create a new company in my partner's country and we then sell to the client worldwide?
2- Create a new company in a tax heaven and use that company to buy from the manufacturer and sell directly to the client worldwide?
3- Manufacturer sells to my partner's company, he then sells to mine and i then sell to the client worldwide?
4- Other option. Which one?
Here's what happens:
I have a friend in another country and we'll be selling a product manufactured in his country. The partnership is 50/50. We'll pay a guy there handling the packaging and shipping for us and we just have to concentrate on sales, refunds, etc.
Sales will be online at the start and if we do well we'll try to expand and do some partnerships in several countries, trying to get some distributors and such.
Each of us have our own business doing some online stuff.
My question is what type of partnership we setup:
1- Create a new company in my partner's country and we then sell to the client worldwide?
2- Create a new company in a tax heaven and use that company to buy from the manufacturer and sell directly to the client worldwide?
3- Manufacturer sells to my partner's company, he then sells to mine and i then sell to the client worldwide?
4- Other option. Which one?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
