I have a client who has started an allergy friendly food business and would like to approach stores to sell her products. She has professionally designed and printed packaging for her food items and an extensive list of stores who may be suitable to sell them.
What she needs is either someone to sell to the stores (ie sales rep), or someone to…[Read more]
Hi Beth. I agree with Dave. If you’re not looking at making a profit at this stage, and only to cover your costs, you are carrying on a hobby and not a business. Just be mindful if it starts to grow, it may become a business.
The ATO have a checklist to indicate if you are carrying on a business:
– You’ve made a decision to start a business a…[Read more]
Thanks for your reply Chris. From her wording, isn’t she indicating that her margin, as the distributor, is 18%? I read it that 18% is possibly the lowest she’s willing to go?
I should also mention that I have done my own calcs which show I am within these percentages so I think I must be doing something wrong or misunderstanding what she’s saying.
Hi guys. I have a side hustle where I make and sell muesli and other food items. I have been approached by a distributor to sell my products in WA. I haven’t dealt with a distributor from this point of view before. The distributor has sent me this in an email and I’m not clear on what it means…
“ Just going through the pricing ….. is there…[Read more]