Update and Advice

Discussion in 'Growing and Managing a Business' started by Arcaign, Jan 23, 2011.

  1. Arcaign

    Arcaign
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    I am happy to announce that our company Stiff Shaft Golf Inc. has solidified relation with a new manufacturer. Further to this, we have formed a strategic partnership which will see them share in the profits from our sales in return for them assuming all cost associated with production.

    I feel strongly that if they have a vested interest in the company, more attention and care will be placed in our product and advice and suggestions with regards to design concepts and development would a little more forthcoming. There may also be a wholesale opportunities.

    Wonder your thoughts. Good move? Bad move? Any advice?

    Thanks folks.
     
  2. Fergal

    Fergal
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    Well done and good luck with the new partnership Arcaign. When entering into an agreement like that it is very important to ensure that it is in writing, is that something you have done?
     
  3. Arcaign

    Arcaign
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    I'm waiting for the NDA but I agree. Can't be to careful.
     

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