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Struggling Food Manufacturer: Can I Save My Business?

Nripen

Nripen Bhatt  | Answer  |Ask -

Start-Up Expert - Answered on Nov 07, 2024

Nripen is the founding director of Rafts and Rivers LLC, a Texas-based global higher education think tank.
He has 25 years of business consulting experience and is currently mentoring over 100 start-ups, helping students turn their ideas into successful businesses.
Through his company, Nripen is supporting and managing 107 incubation centres and accelerators located within state and central universities in India.
An alumnus of the Indian Institute of Management, Calcutta, Nripen is an expert in fintech, edtech, food technology, retail, B2B, product and service launch strategies, app development and UI development.... more
Asked by Anonymous - Oct 23, 2024Hindi
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Career

I am running a food manufacturing from last year pur sales are very less we are unable to scale up .partners are not reponding every month expenses are adding up. My one buyer who use to buy the product wanted me to close the unit and join him .

Ans: Please provide following details for a meaningful reply:
What food you are manufacturing?
How much capital is invested? (Initially/ Monthly exp.)

Then only I'll be able to answer you better.

Thanks
What is your location?
Who is your partner? (Friend/Family/Business/Newly Known)
The ratio of capital investment by you and your partner?
How long have you been in this business?
What is your buyer doing who wants you to Join him?
And why does he want you to join him?
Did you experience of this business?
Career

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