ETD: 816 Wal-Mart Policies; Where to Incorporate: Offshore? Delaware? Nevada? Home?; Color of Horses

[E-Tailer's Digest]

  E-Tailer's Digest --- Everything for the  Retailer
  Issue #0816             September 7, 2004
  George Matyjewicz, Moderator         mailto:georgem at gapent.com
  Published by:  GAP Enterprises, Ltd.  http://www.etailersdigest.com
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  CONTENTS

  [1]  Greetings
  [2]  Wal-Mart Policies
  [3]  Where to Incorporate: Offshore? Delaware? Nevada? Home?
  [4]  Color of Horses

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  [1]  Greetings.
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Hi All:

I hope our  U.S. members had a nice Labor Day weekend, and that those in 
the path of the hurricanes were safe and sound.  This seems to be a bad 
hurricane season with another in the works.  It hurts our personally lives 
and business - WalMart closed a number of stores in Florida after the last one.

Today we have a query from a list member who wants to know about WalMart's 
policies with doing business with them.  Anybody have experience?

And Our favorite Bermudian member offers some excellent resources on 
offshore incorporations in Bermuda.

For the next two weeks, I will be travelling and sure could use some 
special reports.  I will be at a conference in Las Vegas this week, and in 
London next week on business.  So, if anybody has something of interest to 
list members, please pass it on and we will publish it and it will remain 
for posterity at our Special Reports site 
http://etailersdigest.com/resources/Specials/index.htm  The article should 
be 1,500 to 2,000 words on anything to do with retailing/etailing.

Today we have some information on "Color of Horses."  Tell us about your 
business which will remain  for posterity at our  "Members: Who Are You?" 
site.   http://etailersdigest.com/resources/members/index.htm And we have a 
form there for you to tell us about you.  As I said when I first proposed 
this idea, we have "known" each other for a long time, yet we often don't 
know anything about each other.   So, tell us who you are and what you do.

Now, let's get to everything for the retailer.

Sincerely


George Matyjewicz, PhD
Chief Global Strategist, GAP Enterprises, Ltd.
mailto:georgem at gapent.com
http://www.etailersdigest.com

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  [2]  Wal-Mart Policies
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I was wondering if you might know anything about Wal-Mart policies on 
paying vendors - vendors who supply them with goods and services for 
store-use, not for resale. (eg: computers that they'd use in their own 
offices in each store or something like that.)

What I'm trying to find out is what their typical payment time is, (30 
days, 60, 90, or worse?). Also whether vendors who aren't selling goods for 
resale have to tie into any type of EDP system.

--Janet Attard
www.BusinessKnowHow.com - Practical Ideas & Resources For Small Businesses
http://www.businessknowhow.com
Subscribe to our free newsletter at
http://www.businessknowhow.com/newsletter/subscribe.htm


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  [3]  Where to Incorporate: Offshore? Delaware? Nevada? Home?
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Of course, the best place to incorporate is Bermuda!  There are some web 
sites that can be visited to get some idea of what Bermuda incorporations 
are all about.  http://www.bermuda-online.org/intbiz.htm This explains 
various aspects of having an 'exempted' business here.

http://www.bermuda-online.org/intcoys.htm gives you a list of most of the 
companies (non local) which have chosen Bermuda as their domicile of choice.

Once you have decided you want to incorporate here, you can even do it 
online at http://www.justaskinc.bm/ (this is the web site of a local law 
firm) although it would be much more pleasant to come down and do it 
personally between trips to the beach.

The first few pages of a Google search for 'incorporate' and 'Bermuda' 
should answer most questions. If any of your readers have specific 
questions about Bermuda they can contact me direct. All my contact 
information is on your Members page.

Best regards

Richard Woolnough
Bespoke Solutions Ltd
www.BespokeSolutionsLtd.com
+1(441)295 0951
We can tailor your business

+++ [Moderator's Comments] +++
Thanks Richard.  I agree wholeheartedly.  Bermuda is a great place to live 
and work.

Since this is a topical issue I decided to redo a special I did in 2001 on 
incorporating a business offshore for one of the days when I am travelling.

George
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  [4]  Color of Horses
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Color of Horses offers unique and colorful gifts, games, jewelry and 
wearable art for young horse lovers.

We look for products that respect the environment and we support other 
small businesses.  We focus on durable, lasting products that celebrate 
horses. We guarantee excellent customer service - when you contact us, 
you'll get a human, not a number.

My husband and I are parents and horse-owners. We couldn't find 
value-priced  horse-themed gifts for kids so we opened an online catalog in 
October, 2003.

We offer a monthly e-newsletter, we advertise in Blaze Kids Magazine and 
work on reciprocal linking.

You can find us online at: http://www.colorofhorses.com. We also have an 
online schedule of trade and gift markets we plan to attend.

Lynda Groeschen, Owner
Souvenir Farm, Ltd.
2368 VanBlaricum Road
Cincinnati, OH 45233
Toll Free:877-587-5649
Fax: 513-941-0849

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