17 Sep 2009 @ 11:25 AM 
 

Barney and I Start a Business

 

I do not believe I need to tell anybody that this economy is tricky and many of us have been having a verytough time. I lost my job about 4 months ago when the plant where I was working closed down 2 of their production lines and my brother in law, Barney got his final notice last month when his company announced that they were closing the doors forever.

Both of us had spent a fair period of time and energylooking for new roles but with no luck. However, we were clear on the fact that we still needed income to pay our bills and support our families so Barney and I determined to go into business on our own.

We had no clear idea on what this effort would be as my only real ability and experience was in manufacturing washing machines and Barney had worked as a quality control inspector at a candy company. However, my young neighbor convinced us that rap music, rappers and that hip hop approach to life was the latest growth trend in our area today. Now I must admit that both Barney and I agree that the entire’rapper scene’ is just plain foolish but if it makes cash then who are we to argue.

Somehow we made a decision to go after the jewellery segment of the hip hop market with the plan that we could start off rather small and just offer our goods for sale at flea markets till we could afford to open a regular store. So, our next task was to find a wholesale hip hop watches outlet.

We quickly discovered that we had a major problem in that we were a new business with no track record and no credit score which suggested that nobody would sell us any inventory except for money. They were all extremely mannered to reassure us that credit purchases would be possible after we were established but it was all going to be cash on delivery at the beginning. We started scrambling then to find a guaranteed payday loan.

Well, we finally got our funding together. Not really as much as we wanted but enough to at least buy some starter inventory and get the project rolling and we had also found some promising wholesale outlets that we believed we could deal nicely with. However, none of these wholesale sellers was in out city so we were going to require to go which meant making airline and hotel reservations.

Getting the airline reservations was very easy and most of the hotels now subscribe to a hotel internet marketing system with online reservations that made dealing with them also pretty simple.

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Tags Categories: OpenBook Posted By: Stephen
Last Edit: 17 Sep 2009 @ 11 25 AM

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