In this episode, JP and Stephanie Stierhoff discuss:
- The importance of following the regulatory process of bringing a product to market for distribution.
- The market and customer research required to retool a product and the current feedback on packing size.
- The necessary steps for laying a foundation and thinking about future growth when building a business.
Key Takeaways:
- There may not be monetary penalties assessed for regulatory violations. However, the customer’s trust and loyalty could be compromised.
- The three keys to a healthy lifestyle are fitness, nutrition and sleep.
- When considering names for a new business entity, both legal consultation and product branding must be part of the process.
"I was all about the the design and the packaging but I was unaware of the compliance that had to be built into it." — Stephanie Stierhoff
Connect with Stephanie Stierhoff:
Twitter: https://twitter.com/PBF_AWOL
Facebook: https://facebook.com/powerandbalancefitness
Website: https://powerandbalancefitness.com
Email: awol@powerandbalancefitness.com
YouTube: https://www.youtube.com/channel/UCsvJN3OEczu1YZiLJ0UJ9nA
Connect with JP McAvoy:
Twitter: https://twitter.com/jp_mcavoy
Facebook: https://www.facebook.com/ConductLaw/?ref=bookmarks
Website: www.jpmcavoy.com
Show: The Millionaire's Lawyer
LinkedIn: https://www.linkedin.com/in/jeffrey-j-p-mcavoy/
