In Reply to: JBR posted by 22Lyn on Sunday, 23. August 2009 at 07:15 Bali Time:
until, yesterday when we made the decision not to buy any more containers, therefore winding our business down. Very sad, as it is such a passion of ours and we put our heart and soul into it, but we made the decision to close not to unscrupulous dealings from the Indonesian side (they have been great, a positive experience), but from the Australian side.
We yet again have been "stitched" from another Australian business going into liquidation. I understand things are not easy out there, and if they just closed, well so be it, these things happen. But majority of these businesses order a super amount of stock from every supplier, knowing there is terms of 30 days (and how they are travelling financially).Then the weekend before going bankrupt they hold a massive mark down sale (on stock they do not own/or paid for)and then put the proceeds into their pockets. (I am assuming this, as we never received a red cent from the sale, yet they mark the stock down less than landed cost just to cash up) Rob Peter and to pay Paul, except I dont think Paul ever gets paid. And they have the businesses set up so there are no assets, but hey, nice house and nice cars!!! Anyway, this is just a whine as it's still so raw, (another business liquidated Friday just gone, hence our decision) And not every Australian business is like that at all - we had some fantastic clients who were as passionate about this industry as we are. I am still really happy (deep down!)as I have met some wonderful people all over Indonesia and in Australia. Friends I would never of made if it wasnt for this business, and that in itself makes it worth it. (Even tho it still hurts) Sorry guys, but I do feel better now, for getting it off my chest!
I would just say if anyone is considering importing, just do your homework, and listen to recommendations from others. Your first container is the scariest ( cos you really dont know what you are doing) but thereafter it is a fun and enjoyable experience. Just be realistic on how much it truly costs, especially if you container has to go through a full search, and good luck and take care!