Fresh Threads: strolls down memory lane, apps, moonlighting, and starting a bar

  1. Ray Newman

    Ray Newman UKBF Regular Staff Member

    113 5
    6 |

    Hi UKBFers,

    Welcome to Fresh Threads, our weekly roundup of the best comments and advice from the forums. 

    Here are my top picks from this week.

    1) How did you get into the business you are in?

    Bigred2019

    I’m the part owner of a distribution business which specialises in renewable heating products. 

    I fell into my industry about 10 years ago, having no idea about the kit I now spend every day selling and supporting, working from the absolute ground up 

    I’d be really interested to find out how anyone else got in to their industry, and what it is that keeps them happy coming to work every day?

    Onthebrightside: I used to run a small jewellery shop, making the jewellery myself by hand. I ran it for 9 years and it was absolutely wonderful. 

    Making jewellery has always been one of my hobbies, but after looking at lease costs, the markup of handmade jewellery etc, I decided to be bold, get a loan, shop and get going. I will never regret it, it was the best time of my life in many ways. 

    Mark T Jones: Honestly? I got a job after leaving college with a bank-owned finance company. Had no idea what I really wanted and here I am 35 years later doing essentially the same thing (albeit in a far more focused way). 

    SpikeFMT: I saw a gap in the market for a mobile car tyre fitting service, so in 1990 I packed in my job and went it alone. I am just so glad I followed my dream to work for myself and I have had no regrets in doing so.

    Socio South West: It's near enough 25 years since the pivotal moment in my working life when an American dairy farmer opened my eyes to what was about to happen to British farming, and within a year I had sold everything, including about £300k-worth of milk quota which was valueless within three years.

    Then I had several management jobs before purchasing a small photography business, and am now semi-retired and do some consultancy work on the side.

    2) Guidance on developing an app

    BuzzBuzz

    I’ve developed a concept that will require an app.I have completed most of my business plan, done some market research, thought of the brand name, registered the limited company and have secured up to £10,000 in funding.

    I still have a host of other things to do, work full-time and have very little experience in app development. I’m just looking for some guidance on what to do next, really, or if anyone has experience in developing an app?

    fisicx: You can get cheap apps built, but they are...cheap. Decent apps cost money. I was looking to get an app developed for a client and quotes are coming in between £5,000 and £8,000.

    crackerjackcommerce: You could ask on Stack exchange about app development and search on there for building app, industry app or how to hire developer etc

    mattk: Read a book called The Lean Startup. It always makes me extremely nervous when someone says they need to spend thousands on an app for a completely unproven idea. 

    Mr D: Creating the app is one thing. Making money from it an entirely different ball game.

    3) Moonlighting using company equipment

    DomingolittleOakley

    We are a small company, six in total with two directors. Each team member has a work van, out-of-hours use is prohibited, although this has been a bit of a grey area in that if there is an essential journey and no other options are available it is OK.

    Recently, a senior team member has taken on some private weekend work, using the work vehicle and also equipment. They have also drafted in the help of another team member. The private work is also the work that the company could undertake.

    We are due to hold our quarterly review and performance bonus distribution, this week. I am annoyed at this behaviour and wondered how serious this should be taken?

    Mr D: Will the two directors take it seriously?

    DomingolittleOakley: @Mr D I am one of the directors. I see it as serious, however, I would like to gather opinions before I deal with the employee.

    intheTRADE: Do their contracts prohibit working in their own time in the same industry doing the same work? You state out-of-hours use of the vehicles is prohibited, but do their contracts state this? If yes to both, I can't see any other option other than dismissal for gross misconduct.

    Lucan Unlordly: I'd echo the above, and would add that getting rid of them may see them setting up on their own and taking work away from the company.

    4) How do I start a new bar?

    Justin Harrison

    I'm looking to start a bar but just wanted to get all pre-checks sorted now. I would like to know everything it takes to open up a bar. 

    I’m completely new to this and the sort of stuff I need to know is what I am required to have/get and what sort of planning do I need to do?

    Please just go right back to basics for me as I'm a first-timer at this.

    obscure: What level of experience do you have working in/managing bars?

    Mark T Jones: You need to know how to run a business, then you need to know how to run a bar (Very much in that order).

    Opinion87: I've been going six years now. It's a tough, tough industry and not one I'd be looking to start up in any time soon. If you're completely new to it, don't waste your time or money, it's a quick way to make a small fortune out of a large one.

    STDFR33: Find premises, obtain necessary licenses and planning permission, buy beer, sell beer - in that order. 

    That's all for this week – keep an eye out for the weekly UKBF newsletter on Friday.

    #0
  2. Furqan721

    Furqan721 UKBF Contributor Free Member

    54 4
    Thank You for sharing this stuff!
     
    Posted: May 16, 2018 By: Furqan721 Member since: Feb 26, 2018
    #2
    Chris The Dropshipper likes this.