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Funding for Turnkey Business -How to Approach...

 
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katt33

posts: 484

Feb 14, 2007 1:07 PM ET    Quote  Report Abuse
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  investors.  I found a turnkey business that offers over 700,000 products, takes care of all aspects of the business, allows for multiple stores, and makes payouts monthly through paypal.  Eventhough it would only require a $9,000 initial investment and the firm has had write ups even in Forbes, what is the best approach, the best hook for this?  What angle would best to focus on:  the incredible number of features for the website, including coupon production, branded email and logo,  drop shipping and customer service or the array of quality brand name products that can be marked up and down as much as we feel is appropriate?

Thanks

Raisecapital02

posts: 301

Feb 14, 2007 2:04 PM ET    Quote  Report Abuse
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How many of these exact websites are they building, so that competition does not become an issue for you. Of these 700,000 products, do you have exclusives?
robertj

posts: 1458

Feb 14, 2007 2:26 PM ET    Quote  Report Abuse
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Katherine,

First of all, be sure to check them out thouroughly.

Secondly, answer the following question (for yourself and any possible funding source)

If this company furnishes "everything" needed for this business - what will you bring to the table? Essentially you will be asking people to invest/ lend in you.



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katt33

posts: 484

Feb 17, 2007 8:36 PM ET    Quote  Report Abuse
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The good thing is that I can upload my own origional site and logo, so it would not be like the cookie cutter ones.  I would take care of the website, and handle all aspects of marketing, including placing the ads.  I already have chosen where I will advertise to reach a lot of people that love bargains and coupons, which I can offer on a consistent basis.  I just am not sure where to get the seed funding, as my personal credit is in re-build mode.
katt33

posts: 484

Feb 17, 2007 8:39 PM ET    Quote  Report Abuse
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I would be using this as a spring board for then putting forward the Caterina Fashions and Beauty Inc business, which would only sell products under my label.  This is a springboard. 
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