About to get into a partnership business with a friend selling UHF/VHF Kenwood radios in N. Fla. My job is setting up brochures and websites and stuff. Cost is not an issue. Brochures/flyers I can handle, but I'm looking for a good starting point to find someone who can design a NICE website. I could also use anything that would help in the decision on making a logo and such.

 

UHF/VHF radios are such an up and coming business!

But seriously, I just saw a commercial for these guys... www.1and1.com

 

Nice. Thanks

 

You remember having a partner with the apartment? Don't go into business with this guy without thoroughly checking him out.

 

This is something not often heard when starting a business.

 

I would also highly suggest not getting into a partnership, especially with how young you are. I would suggest letting him own the business but write up an agreement that you are an employee that makes 40% of the profit (or whatever you guys can agree upon).

Also make sure you guys are doing everything legally, get an LLC and be sure to pay your taxes.

 

Good point....

 

Take AZmidget's advice, because if you are a partner in the business your are also a partner if/when things go south and vendors come looking for money on unpaid bills and they will legally take everything from you to satisfy the debt. The best way to ruin a friendship is to go into business with a friend, just keep that in mind and watch the spending and cash flow like a hawk in other words don't buy a Lincoln on a Ford budget.

 

I can only reiterate what the others have said. Partnerships Seldom work out and the end result is usually a failed business and a destroyed friendship. I have been in business for 20 years now and have seen many in my area go by the wayside, from restaurants to landscapers.
Be Careful !!!! and the Best of Luck !!!

 

I am not seeing a very big demand here.

 

Sorry guys. While you do make a point I will not be a true "partnership". He is owning outright, and I will be hired on as a "technician". I don't want to divulge too much but as soon as we hear back from Kenwood and get an A-OK on distributorship, we will be dropping double-digits to get stock and inventory coming in to a building he just put up. We plan to go incorporated.

For those who say failed business, what was the determining factor? Like I said above, we (he) is pretty well suited, financially-wise and has owned two businesses prior. Both are still operating today.

Down here Motorola has a big monopoly on the public service agencies. Kenwoods are better (IMHO) and apples-for-apples, a little cheaper. Not to mention we will be doing in-house repair, installation, and radio programming/tuning. We also do tower work. In the past month, we've taken down 5 towers (100'+) and are about to go refit a 200' repeater tomorrow.

 

Your original post clearly stated you were entering into a partnership.

Where as now you are only going to be an employee, I know my post and maybe a few others have no relevance. The partnership owned business I was referring to in my post, failed mostly but not entirely from irreconcilable difference's between the partners. This doesn't appear to be an issue with your situation. The best of luck with your new job. A 200' tower, makes me dizzy just thinking about it

 

Yeah one day I'll post some pictures. but 200' is nothing compared to 1700' (google it!)

 

Bump. Just wanted to let you guys know we're doing great! We're keeping busy taking down Rohn towers (those three-legged towers everyone uses for TV antennas) and we just ordered our very first batch of Kenwood two-way radios. I'm very excited to see how we will be doing a year from now.

 

You guys bought up to $99 worth of equipment?

Me too. Seriously, good luck!

So you went from wanting to be a firefighter, to wanting to be a pilot, to now selling U/V HF radios?

Are you still setting up brochures and websites and stuff or doing in-house repair, installation, radio programming/tuning and tower work? Sounds like y'all would need more than 2 people to cover all that.

- NCSU