About kevin kemper Expertise IN my 34 + years with prospective entrepreneurs aged 7 through age 77, in Canada,
Mexico and elsewhere; both directly and through my TV show and newsletter on Entrepreneurship,
have advised on: starting a business, writing a business plan, finding staff, setting compensation
plans, when to joint venture or consider a franchise, have a partnership or corporation structure,
when to start a biz vs buying. Currently tutoring individuals in S. Africa, Bangladesh, India, China, Australia and Brazil. [My incomplete book is entitled Assured Entrepreneurial Success]
Expert: kevin kemper Date: 10/16/2004 Subject: corporate sale
Question Hello! I own a clothing brand that has proven success since I started it last year. I have attended a licensing trade show and a apparel trade show that proved awesome results and promise. I recently partnered with a manufacturer that is a public company. He sees the potential of my brand and feels that the only way to raise the money needed to properly launch my brand is to bring it public under another company he owns. He wants to buy 100% of my company under this company and give me equity in this "parent company". My brand may be worth alot of money to an existing brand that I am not aware of. Nike, Quicksilver, Billabong, ect. How would i go about presenting my brand, for sale, to these companies before I decide to sell out to the manufacturer?
Answer u are in need of a biz attorney.
what you need is to have the manufacturer create a proforma and pay you based on that.
and give you stock based on that--ESPECIALLY stock in
both the new firm and in his current firm!
does that help?
what amount of sales [$] did you have last year?
kkemper1@mindspring.com
