24 Nov '11, 12pm

If you wish to start a small business, you have to be aware about the cost and hassle:...

I am just starting a new business of importing some baby products. I have done some market research and was intending to send a proposal to NTUC Fairprice to consider. Can you advice - is this the right way to go about doing it? I have also seen in some forums, it is not easy as a new comer who has no connection or do not know anyone inside beforehand. I really hope you could share with me how I should approach them? Or who should I contact? REPLY Three years ago, I approached Fairprice to sell some of my products. They required me to pay a joining fee of $1,000 and to go through quite troublesome procedures. They also want to take a big cut from the sales amount and require me to handle the delivery to all their outlets and collect back the unsold stock. I abandoned the idea. (Note: connection does not count -as I knew the managers. Only money count!). It is not easy to s...

Full article: http://tankinlian.blogspot.com/2011/11/difficult-to-opera...

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