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Introduction to Finance & Economics - Mar 2010

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Business Plan Proposal

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For the record, this whole message board is almost a nightmare to navigate.  I don't even know where or how I'm supposed to post anything.  But, using precedence as my guide, I shall post this here.

I was planning on using the coffe roasting concept a spin.  This works particularly well when you are trying to buy coffee from a foreign distributor.  You probably couldn't really own the farm, because that would mean you could just pay them in dollars.  But, if you had an exclusive agreement with a farm, such as paying them a decent price for their coffee, a good enough price that they can actually support themselves on the money they make, as long as they agree to supply only to you, then you have yourself a viable situation.  I was thinking of converting American dollars into the source country's currency to pay for the coffee.  Or, if we're paying them in dollars, in order to do business locally, they'd have to convert the dollars into local currency anyway.  Case in point, Belize.  In Belize, it's difficult to pay for anything without a Belize dollar, the law gets in the way.  So, for you to work with a farm in Belize, you'd have to convert the US dollars into Belizean dollars. 

Source:

http://en.wikipedia.org/wiki/Belize_dollar

damilola olukoga's picture
damilola olukoga
Sat, 2010-03-20 12:50

Oil has become a major source of revenue generation. A business strategy that toes this path is a good one at that. Most especially oil marketing for rudimentary beginners whose financial bouyancy is relatively meagre

damilola olukoga's picture
damilola olukoga
Sat, 2010-03-20 12:50

Oil has become a major source of revenue generation. A business strategy that toes this path is a good one at that. Most especially oil marketing for rudimentary beginners whose financial bouyancy is relatively meagre