Thursday, May 10, 2012

Ida Sanger resource help


Today I wrote a long email to a women named Ida Sanger who is a distributer to Sysco, I asked her many questions about prices both sale and whole sale prices for producing lids. I asked her for the price of what her company buys the lids from Dart, Solo, etc and therefore I can hopefully get a closer range of what my lid may cost for manufacturing. I also asked her about the major expenses the Sysco pays for and how those prices play into the distribution business. Some of the major expenses that I asked her for were, utilities, transportation, storage, insurance, maintenance and a few others. By gathering all of this information I will be able to better predict my finances and the cash flow of the business. This is an extremely important aspect of the company because depending on how these numbers turn out will help decide if this company is worth pursuing. Ida responded and she is hoping to get back to me with the answer of my many question be next week. Overall, as I previously mentioned, what I am learning about my self if using the connection available around me to contact individuals in the field that I need support in. Ida and Kurt have already been extremely helpful and I am sure they will continue to be in the future. Also, I have been learning and realizing how much work, research, and critical thinking goes into a business plan or a new product. 

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