hey guys,
Im not sure if this is the right spot to post, but I wonder if someone could point me in the right direction..
I am planning to have a crack at importing a particular health ingredient in bulk and packaging it for sale here. Currently no one else in Australia sells this particular product. I was thinking of beginning with just a small amount and see how it goes so I can limit my loss if not successful, what Im not sure about is how to protect my current IP's and PPOR if someone should decide to sue for a problem with the product (unlikely, but still possible I guess).
Is it best to set up an ABN to do the import and sale, and does this offer me any protection?
If there is anyone that could point me to some resources along these lines that would be great.
Thanks everyone
Im not sure if this is the right spot to post, but I wonder if someone could point me in the right direction..
I am planning to have a crack at importing a particular health ingredient in bulk and packaging it for sale here. Currently no one else in Australia sells this particular product. I was thinking of beginning with just a small amount and see how it goes so I can limit my loss if not successful, what Im not sure about is how to protect my current IP's and PPOR if someone should decide to sue for a problem with the product (unlikely, but still possible I guess).
Is it best to set up an ABN to do the import and sale, and does this offer me any protection?
If there is anyone that could point me to some resources along these lines that would be great.
Thanks everyone