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- Hi, I have a small business that makes reusable food packaging. We are one year old and have been making everything by hand. We have approximately 20 stockists in NZ and are keeping up with the demand. We have recently received offers from companies overseas wanting to act as distributors in UAE, Japan and UK. We believe these are genuine as we have a product that is a world first. We have the funds to invest and grow, but currently we are super small and just working out of a garage so this is difficult for us to get our heads around as to how we will manage this. Our product is also able to be copied very easily but we do have the advantage of a strong story and brand. So essentially we are out of our depth but don’t want to miss out on these opportunities. One thing I have thought of doing next week is trying to throw together an advisory board. What advice can you offer us? Thanks in advance.
- Reply To: Hi, I have a small business that makes reusable food packaging. We are one year old and have been making everything by hand. We have approximately 20 stockists in NZ and are keeping up with the demand. We have recently received offers from companies overseas wanting to act as distributors in UAE, Japan and UK. We believe these are genuine as we have a product that is a world first. We have the funds to invest and grow, but currently we are super small and just working out of a garage so this is difficult for us to get our heads around as to how we will manage this. Our product is also able to be copied very easily but we do have the advantage of a strong story and brand. So essentially we are out of our depth but don’t want to miss out on these opportunities. One thing I have thought of doing next week is trying to throw together an advisory board. What advice can you offer us? Thanks in advance.
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arandm
@arandm
Reply submitted 10/05/21 @ 09:51am
::Hi, sounds interesting. Getting in some support from mentoring or an advisory board is a great idea. There is also a stack of good information both on various markets and how to build your capability on NZTE’s mynzte website. You need to register to get the full access. I’d be happy to have a chat if you like. Mike
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