Hi John!
Thanks for your earlier advice on buying a business. We are coming
closer now to getting a good deal on the business we have much
passion for. I must say you have been instrumental and
inspirational! Thanks again.
Here are a few things we are still trying to figure out:
1. We are definitely thinking about moving all the inventories to a
pick and pack service (they have their own warehouse now).
Currently, the product are made in 2 European countries and a
country in Latin America, so we are thinking about finding a P&P
service in the east coast. However, these countries are not the best
places to have our product made because our competitors are going to
China and other asian countries. We would eventually go to Asia too
but then, do we relocate our P&P back to west coast from the east
coast since it's closer to Asia then or should we simply locate
ourselves in the west coast from the very beginning?
2. The P&P services also provide customer services like a telephone
line and a customer service representative to answer phone calls and
take orders and so on. What do you think about the quality of these
services? Are they worth outsourcing if we just want to devote more
time in product development and marketing, without having to worry
about the sales and logistics departments?
Hope to hear from you soon! :)
Leigh
Sunday, November 16, 2003
We are buying a business!
Posted in Business strategy by John Wiley Spiers
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