Starting a new Business Question

NeVeR

I work for a company, But i want to open my own online company.

Would i be allowed to open the online company and still work in my normal day to day job,

RicardoSmith

The only thing that would prevent you is if your contract had a clause covering this, and they enforce it. If the online company is in competition, or has a conflict of interest with your present employer then they might have a problem with it even if its not specifically mentioned.

Some companies require you to ask permission before taking on outside work, even on your own time.

NeVeR

This would be in my own time, but the plus side would be that i would be selling what my company sells.

They normally sell to shops all oer Ireland, and if i was to sell there stuff aswell that would be more sales for them so they would be happy,

RicardoSmith

Be interesting if they see it in the same light!

NeVeR

So if they do say it's ok,,, All i have to do is really register as a company, and add myself to the books, and hire an acountant to do the books, i know theres alot more in the middle....

any pointers for a starter,, anything would be a help.

madramor

NeVeR wrote:

So if they do say it's ok,,, All i have to do is really register as a company, and add myself to the books, and hire an acountant to do the books, i know theres alot more in the middle....

thats it because the magic internet will sell everything for you

NeVeR wrote:

They normally sell to shops all oer Ireland, and if i was to sell there stuff aswell that would be more sales for them so they would be happy,

you would be competiting with customer of the company you work for, which
could prevent them from buying from your company

NeVeR wrote:

This would be in my own time,

you employers might think that you might neglect you current duties

NeVeR wrote:

but the plus side would be that i would be selling what my company sells.

there must be some reason why your company never sold directly

NeVeR wrote:

Would i be allowed to open the online company and still work in my normal day to day job

in what context, legally, like ricardoS said it depends if you have a competation,other employment clause in your contract

NeVeR

you employers might think that you might neglect you current duties

This wouldnt happen as i dont have any internet in work,

We dont sell to shops as we are trade only...

you would be competiting with customer of the company you work for, which
could prevent them from buying from your company

true but this product is widely available on the net already, just not from an Irish based company , there might be 1 or 2 out there but most buy from the UK

and also my current company would not be connected to my one, I dont work in the sales part in my current job, all our other buyers/shops would not know i worked there , i would be buying from my there just like they would be,

RicardoSmith

Well I think you know the issues now anyway. Good luck with it anyway. Hope it works out.

fintan

Would your employers want to negoiate with someone who knows how much they are making on the products they sell? As in you know how much they make when they sell the product to you, you can use that against them to get a better deal.

NeVeR

the only person that knows how much we buy the product for is the Head account and the General manager, I know what the trade price is on everything and i know what discounts dealers get, so i know what i would be getting,