Interim finance of goods purchase / cost savings by sea freight / internationalisation
Company: Located near Munich we are selling child protection products like socket covers, safety locks, edge corner protectors etc. Our well known high quality brand is "Magic Mama". Please have a look: www.magicmamaweb.com
- Increase revenue / profit by expanding product range: Baby safety gate and baby phone: The market for baby safety gates and baby phones is very big. But the investment to enter this market is also bigger than with small plastic parts like our other products.
- Cost savings for goods produced in China: Until now we are shipping all the goods from china by air which is fast but very expensive. We want to ship by sea / vessel to save costs. But the freight duration will increase from 1 week to 6 weeks then. So we need working / circulation capital to finance this.
- Internationalisation. Invest into good translations / cultural adaptions of the product descriptions.
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