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Warehouse 2/2
We registered the new company last week. The domain isn’t in place yet so I can’t name it yet. Anyway today was our first trading day at the new location. Result: we covered the rent for the week. Yippee! I’ve also decided to get a business mentor. That sounds like a fun challenge and the…
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Settlement Negotiations 5
Posts labled Settlement Negotiations 3 and 4 are currently imbargoed until the lawyers finish. But it’s looking promising.
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Ultimate Holding Company
Corporate Law Economic Reform 7 a.k.a. CLERP 7 introduced changes to how Australian companies are managed and regulated from 1 July 2003. One interesting aspect is the requirment to report the Ultimate Holding Company of a Company. Does that mean that private companies whose shares are owned by corporate trustees (as trustee for a trust)…
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Settlement Negotiations 4
Seems like they wanted me to sweat the weekend. Strangely I didn’t. I figured we were going to court, I’d tried to settle, agreeing to their demands and asking for time to pay. If they rejected it I’d see them in court and roll the dice. This morning they called with a counter offer requesting…
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Settlement Negotiations 3
I got an email from The Wicked Stepmother last night seems like she hadn’t received anything back from me or the go-between. Turns out the go-between hadn’t been to his office for the last few days and hadn’t got my email. Oh well. So I replied to her email and spoke to the go-between. (Aside:…
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Settlement Negotiations 2
Got the Heads of Agreement for the settlement today. It is a one-sided document prepared by the other side’s lawyers. In it I promise to do six things and they promise nothing – including no mention of ceasing all actions. Oh well that’s what happens when the other side prepares the documents. Obviously I wont…
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Strategic Planning
I’ve been planning the next steps for my company. We’ve run ads for new distributors, I’ll be interviewing some applicants tomorrow. Hopefully I’ll hand that over to one of the staff as well. Actually that’s interesting because distributors mainly deal with my staff member who does stock allocations. Her role in a retail company may…
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Feeling good about bad things?
I missed an opportunity to chat on ABC Radio Statewide Drive with Brad Storey who asked: I’m working at the ABC radio and looking for someone to comment on the ‘psychology’ of finance. Why the dollar at .80 cents makes us feel good but may not be good for us. Sadly I didn’t check the…
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Office Suites
I’ve moved the company desktop to Mandrake Linux 9.2. There are some teething problems. The most surprising is the timing of double clicks is sufficiently different to our Windows NT boxes that we’ve all noticed it. I don’t run a corporate democracy. I wanted Microsoft products out of my business, so I picked a Linux…
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Customer Abuse
I had one of those unpleasant customer experiences. One of our GSM sim cards has failed. So I walked into the Telstra dealer who does all out business. I explained that the card failed, want a replacement and hope we don’t have to pay for it. Not a chance said he, $33.00 would appear on…