Business Development Company (BDC)

 

Monday, February 7, 2011

Tight Design

I'm starting a new business, alongside BDC, importing tights and leggings into New Zealand. Why? Well, I love the product and I want to be able to buy them in NZ. However, I also have two expensive daughters, one of whom is heading off to university this year and facing student loan territory. She either decides to work part time; (note: this has serious consquences on her social life) or works on a business. The latter seemed like an opportunity to learn some life long, much needed business skills, hence Tight Design was born.

Tight Design will be a learning process for all of us. We have to learn how to import products into NZ, determine our business model for selling and make decisions on marketing our product. I've decided to blog about our experiences - the good and the bad, along the way in the hope that it helps other people starting out in business.

I'd like to hear your experiences and opinions too. Have you been in this situation before? What were the things that you needed to consider and how did you decide on the action chosen? What were the consequences?

The challenge of business is the constantly changing environment and markets that we are operating in. As business owners, we are constantly faced with decisions to be made. There is never one right way and there is always a number of options on the course to take. That's why I love it!

The intention of writing about Tight Design will be to learn about those business experiences.

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