I'm interested in getting into the Energy Drink Business and I don't want to invest alot of money to get started. Any ideas out there would be helpful.
2006-12-27 20:32:43 · 5 answers · asked by Pizza Guy 1 in Business & Finance ➔ Investing
Hello: Back in October I was actually looking to purchase a Red Bull Distributorship but, I did not wish to spend over $50,000 especially since all the good areas are taken. It is way too late to make money w/Red Bull, I wish I knew about it 8 yrs. ago. Anyway last week I saw an ad in the USA TODAY that mentioned the energy drink industry and I called the # in the ad
(888 297-4481) and what I heard sounded extremely profitable.There's no Territorial Restrictions, and you get paid daily! After some extensive research I have decided to get involved as soon as I return from a business trip next month. Good Luck & Happy New Year to you.
2006-12-28 17:08:18 · answer #1 · answered by none 2 · 0⤊ 1⤋
I have an import/export company here in South Korea. What I did when I wanted to be a part of a promising business, I went to the company directly and asked if I could be a direct agent (where I collect money from buyers + my profit on top) then I pay the supplier and I ship it to the buyer. As I made more money for them, I asked if I could have part ownership. Prior to doing all this we put it on paper. Don't worry you don't need a lawyer, just a good paralegal would suffice. But make sure you know what you want and prepare for negotiations as though you were studying for a College Entrance Examination.
2006-12-27 22:30:29 · answer #2 · answered by Joonbug 3 · 0⤊ 0⤋
You can of course do what most entrepreneurs do: join forces with others with similar interest. That way, the risk is spread and the potential return can be yours. After a while, some business partners might want to sell their shares to realize some quick profits. You can buy their shares to increase your shareholding in the company. Alternatively, if you have great technical expertise, or if you know a great drink formula, you can approach someones with big bucks with your proposal.
2006-12-27 23:49:51 · answer #3 · answered by Sang Suci 2 · 0⤊ 0⤋
I doubt it-- remember, you have to go over the costs of supplies, hiring employees (if you wish to do so), as well as ingredients and machinery for actually processing the drinks...
...then again, if it works, you may just make a large sum of the money you lost back, so I'd say; go for it!
2006-12-27 20:40:49 · answer #4 · answered by emmathefirst 1 · 0⤊ 0⤋
Nope, with so many different ones out there you are going to have to pay to get one that can compete with the best. And you are definitely going to have to pay for a good celebrity endorser.
2006-12-27 20:40:22 · answer #5 · answered by Lov'n IT! 7 · 0⤊ 0⤋