i’m back to doing USA business almost 90% of the time….think i really gotta get back to the usa and straighten some deals and alliances out.
Since Shadstone took over newyorkbarstore…. i have been seeking vigorously how to improve the cash flow, here are some ideas
I NEED HELP WITH #1…………….how to structure a deal like that…
1) PARTNER with a NY retail shop – we get so many people looking for our retail store…..this is my idea
a) CLOSE/ end my 3rd party warehouse contract in upstate NY – and ship all the goods to the retail location in manhattan (or a borough)
b) license the shop the newyorkbarstore brand (trademark) – would they have to put up a sign, or even change the name of their shop
c) at first give them consignment terms on the goods i have in the upstate warehouse but..
…. later turn them into a customer…? or ….this is where i’m not sure.
d) add this shop’s products to the newyorkbarstore.com online retail website.
e) how to approach these shops…. i made this list – http://www.newyorkbarstore.com/nyc_bar_restaurant_directory/
2) move my warehouse to california – for my B2B – and then diversify from just barproducts to all kinds of bar products – sending JIT to the NY store location (#1 above)
a) I already hve some stock in california, in the city of santa ana.
b) cali is closer to china / india so my shipping time is reduced as well as my shipping costs
c) sell B2B from california, and using the NY location as a retail and geographical location.
3) build more online retail shops selling directly from my office in shenzhen.
I should be in NY sooner then later……but first want to get some warm leads and deal structure before going there….with the purpose of going there to sign and executre #1
going through my list of NYC friends and contacts…..gonna be busy making calls and talking shop – seems i’ll be on USA time frame for some weeks to come…