Once again Thanks Chris.
We have studied long & Hard about our proposed business in the DR. We have looked at things carefully, spoken to Dominicans who have businesses, spoken to Canadians, Americans & Brits who have businesses. Bounced ideas off the Hotel owners, accountants, managers & financiers of the hotel where we always stay & all coments are positive.
The customs is always going to be the problem but the Hotel has advised that their customs Broker is very good, so we will no doubt approach him as he comes recommended from people we can trust. We are already asking questions from the DR Embassy in London in an effort to get clarification on the import duty & other costs.
The shops will be a little problem at first as no-one wants to try anything new but as our products get seen more, the more people will want them.
30 day credit accounts often turns to 60, 90 or even 120 day credit accounts, but no second order will be delivered until the first is paid for. The same can be said for the UK, many 30 day accounts are running at 90 days.
We have no big ideas, just a plan, try to set up the business, spend a hard 6 months trying to get it to work, sit back, take stock, do we push on, is it going to happen, can we live off it, do we throw in the towel?
We have an idea, we have some time, we have a lot of contacts, we have some money to risk.
We are also reading just about everything on these forums, picking up tips and knowledge on the way. We don't think we know it all, we regard every comment as constructive, and we think about it.
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