• The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success
  1. The forum software will be upgraded on Sunday May 26th and may not look normal during the transition. Some functionality may be offline. This is TEMPORARY and is expected to last up to 8 hours.
  2. Join 50,000+ entrepreneurs
    who are kicking butt and
    winning their dream life.

    Unscripted™ Entrepreneurship:
    A Business That Pays More Than Money, It Pays Time.

    "Fastlane" is an entrepreneur discussion forum based on The Unscripted Entrepreneurial Framework (TUNEF) outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED™). From multimillionaires to digital nomads, the forum features real entrepreneurs creating real businesses.

    Download (Unscripted) Download (Millionaire Fastlane)  Register
    Registering for the forum removes this block!

Looking for German business partner

Discussion in 'General Entrepreneur Discussion' started by Ben44uk, Sep 27, 2018.

  1. Ben44uk
    Offline

    Ben44uk PARKED

    Messages:
    2
    Likes Received:
    0
    Joined:
    Sep 27, 2018
    Gender:
    Male
    Rep Bank:
    $1
    Hi all I currently run an online business in the uk and have seen that this might also be possible to replicate in Germany. I have no idea how to go about this as I have never done anything in another country before, plus would need people to be able to talk to local customers by phone, email etc

    I am looking for someone who has some experience in business that is either based in Germany or has contacts in Germany that would be able to set up the relevant accounts and payment providers for this to work.

    Ideally I am looking for someone that is entrepreneurial and is looking to start an profitable online business, so that we can work together for you to copy what I have done in UK in order to make it work.

    Required from you to be setup in Germany:

    To research if the market and laws would permit this business to run the same in Germany as it involves sale of electronic goods but it also charges administration fees for a service that can be done elsewhere for less.

    On condition the above is all good then also:

    To setup company

    To setup bank accounts and payment processor

    To find and setup a retail finance company for sale of goods via monthly direct debit

    Get a small local team together for customer service via phone, email and chat

    As this is a proven profitable business it should start making money straight away if the market is similar and works as it does in the UK, with good net profit potential for both of us.

    If the above sounds like something that would interest you, and you have the skills please get in touch.

    Thanks
     
  2. LittleWolfie
    Offline

    LittleWolfie Bronze Contributor Read Millionaire Fastlane Speedway Pass

    Messages:
    562
    Likes Received:
    334
    Joined:
    Jun 28, 2018
    Location:
    Holbeach Hurn
    Rep Bank:
    $610
    This sounds like a really interesting problem, I've posted on this forum about my interest in Germany, I'm guessing you have a fair bit of data as well about the customers here.
    It really is a case of translating to the lower context culture and different language.
    In most cases, this shouldn't be too hard legally, while the UK is in the EU the services and goods are easy to send(you might want to look at an Irish supplier as a form of future-proofing though,that way you won't have to deal with a language barrier as much) An anglo-american style franchise agreement might be problematic, at least in Germany as there is no central government authority, you might want to consider an LLP instead
    You can probably use the same payment processor(most of them have a Euro option.
    Most of my German contacts are around Manheim (not far from Frankfurt)

    I could probably give you an overview on the viability with my basic German, if you can share details about the company with me(feel free to PM if you want to keep it secret, I'm not going to steal it) My German is good enough to do some basic research on viability if I know the business plan and the numbers, and I maybe able to help you get it started.
     
  3. benpusch
    Offline

    benpusch New Contributor

    Messages:
    17
    Likes Received:
    18
    Joined:
    Jun 11, 2015
    Gender:
    Male
    Location:
    Düsseldorf, Germany
    Rep Bank:
    $133
    I am from germany and can help connect you with the right people / maybe even do it myself if I see a fit.
     
  4. Ben44uk
    Offline

    Ben44uk PARKED

    Messages:
    2
    Likes Received:
    0
    Joined:
    Sep 27, 2018
    Gender:
    Male
    Rep Bank:
    $1
    Hi Ben thanks for getting in touch, not sure how to PM on here can only see profile posts which others can see? might be as my account is new, anyway drop me a PM and can tell you more info.
     

Join 1000s of entrepreneurs who are rewriting life's script and winning financial freedom.

---- ----

You must be a member to join the conversation.

Create Account

Join the community fast and easy!

REGISTER

Log In

Already have an account? Login here.

LOG IN

Share This Page