Shopify already has the feature to connect you as a store owner to the wholesalers/dropshippers so that you only need to discover from their network and put them on your e-commerce site. In terms of financial needs, you could ask suppliers for payment term so that you can get paid first and pay ...
Thank you for asking this question! As someone who has owned multiple small-medium sized businesses, I know the importance of managing purchases in relation to cash flow. I prioritize the following when considering this question in relation to my own businesses. 1. Cash Flow-It is critical that ...
Hone decor / furniture industry is one of the highest profit promising industry today. The profit margins on home decor ranges from 20% - 45% depend on the price of the product. If you're looking to get quickly popular, I suggest you start with the online store and promote it on offline as well. ...
Hi, This is a huge question and one that I often get asked - from various aspects (investors, founders, service providers...). General answer: there is no 'magic percentage' that a founder should hold - it all "depends" on the founders, on the investors, on the size of the investment, the indus...
Although this isn't my area of expertise, I've asked a colleague of mine who is one of the top lawyers in this field, and I'll get back to you once he does. Just private message you so that I can respond (these questions are posted anonymously). I've successfully helped over 300 entrepreneurs,...
It depends on their business model. I have experienced some apps a) just add on user base so that they can monetize the app as an asset . So they do not charge anything for the app or within the app b) Some use advertisements within the app
1. Similar things exist - like Houzz. But that doesn't mean there isn't a need - see point 5. 2. Probably a progressive web app (this is an app that's actually a website but looks like an app). It really depends on the key functions that you need. 3 + 4: I would not buy products and then sell t...
I don't need 3. The first and only thing that you should do is a Proof of Concept (POC) / market validation. Only if it shows positive results, should you move on to the next stages (MVP, funding, founder's etc - depending what you already have/don't have). You can read how to do the validation...
Yes, Toontastic appears to be the best app to use and it was developed by Google.
I am not a lawyer and you should talk to a lawyer for professional legal advice. That being said, I would assume you won't run into any issues because you are creating original art instead of taking art someone else made and passing it off as your own. There is a chance the celebrities you paint ...