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Multi-national business
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<blockquote data-quote="Jogeephus" data-source="post: 822498" data-attributes="member: 4362"><p>Anyone work with a multi-national business and have any tips or cautions one should be aware of? If all goes well one of my little ideas is going to get off the ground and I'll be conducting business globally. I had tried to do it here but the fees, permits and licenses would cost me $30,000 before I could lay the first brick so I opted out of this madness after wasting $1800 due to a overzealous ignorant government official and chose to either scrap the idea or look elsewhere for a more favorable business friendly climate and settled on Denmark.</p><p></p><p>I couldn't be more pleased with the arrangement thus far. I have an engineer ready and willing to partner in this venture, he has the manufacturing in place and have received a finished prototype today in the mail as promised. Will have a meeting with my partner this week to get a second opinion on the prototype and will probably do some tests with it before we give the go ahead for volume manufacturing. </p><p></p><p>My plan is to pay COD for the manufactured units and we will do the marketing on this end. This is a very specialized product but we should be able to sell it easily to the government and a few other specialty contractors and they are not cheap or easily reproduced. I doubt we will get rich on the deal but every little bit helps. I'm not in anyway worried about the business end of it on either shore what I'm mainly concerned about are regulations and such in this country being it has been the source of all the problems thus far.</p><p></p><p>Any thoughts or ideas would be appreciated.</p></blockquote><p></p>
[QUOTE="Jogeephus, post: 822498, member: 4362"] Anyone work with a multi-national business and have any tips or cautions one should be aware of? If all goes well one of my little ideas is going to get off the ground and I'll be conducting business globally. I had tried to do it here but the fees, permits and licenses would cost me $30,000 before I could lay the first brick so I opted out of this madness after wasting $1800 due to a overzealous ignorant government official and chose to either scrap the idea or look elsewhere for a more favorable business friendly climate and settled on Denmark. I couldn't be more pleased with the arrangement thus far. I have an engineer ready and willing to partner in this venture, he has the manufacturing in place and have received a finished prototype today in the mail as promised. Will have a meeting with my partner this week to get a second opinion on the prototype and will probably do some tests with it before we give the go ahead for volume manufacturing. My plan is to pay COD for the manufactured units and we will do the marketing on this end. This is a very specialized product but we should be able to sell it easily to the government and a few other specialty contractors and they are not cheap or easily reproduced. I doubt we will get rich on the deal but every little bit helps. I'm not in anyway worried about the business end of it on either shore what I'm mainly concerned about are regulations and such in this country being it has been the source of all the problems thus far. Any thoughts or ideas would be appreciated. [/QUOTE]
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