Recent content by Business Decision

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    What is the profit margin on estate agencies like?

    Hi, I've done some research and I think that brick and mortar estate agencies will be the ones which make the majority of sales for at least the next decade. I don't think the older generation are as keen on online estate agencies, and online estate agencies don't do as well when selling very...
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    What is the profit margin on estate agencies like?

    Hi ComPropSolicitor, I got the figures from Property Industry Eye, I can't post links yet but if you Google Property Industry Eye Rightmove Fees it'll come up Kind regards, thank you
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    What is the profit margin on estate agencies like?

    Hello, for the past year or so my ambition has been to start my own estate agency. I will find one to work in for a few years first so that I can learn the ins and outs of it, but the only reason I want to do that is to start one up - if it was just a matter of getting a job, I'd choose a...
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    New venture: estate agency or recruitment agency?

    Thanks, I know it's a very general question but for example applied to estate agency, what kind of things would be able to keep an owner "useful"/that employees wouldn't know? I know I probably sound naive but I can't think of what kind of grand secrets there would be? Just an example of an area...
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    New venture: estate agency or recruitment agency?

    Couldn't you say that about any business though?
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    New venture: estate agency or recruitment agency?

    I just felt like after 2-3 years working as an estate agent I could learn how they market, how they get clients, the process from start to exchange to completion, etc, then could start up on my own. Many/most people want the security of a job and a guaranteed salary, those people probably...
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    If you open a new business, is it possible to hire employees and be hands off early on?

    I could cover for the manager I suppose, I'm not completely against working, I just want it to be more of a perhaps 20-30 hour per week thing than 50-60 plus, once I'm in a position to make that happen. I know it's a very general question, but is it logistically very difficult to design the...
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    If you open a new business, is it possible to hire employees and be hands off early on?

    Hello, I'm considering in the next 2-3 years opening an estate agency. I haven't worked in one yet, but I do own some BTLs in a Ltd company so have some experience with and knowledge of property. I will get experience for 2-3 years by working there myself. I would like to then open my own...
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    New venture: estate agency or recruitment agency?

    I see more money as more freedom, my ideal life is having passive(ish) income through businesses that I own, so I can spend most of my time with family and go abroad several times a year without being constrained by being an employee or money worries.
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    New venture: estate agency or recruitment agency?

    This is something I wasn't sure about - is it relatively easy to have a hands off business (in either of these sectors) if you have the capital to hire a manager and an employee or 2 from very early on? That would be my ideal, to work on it for 6 months to a year then let my employees handle it...
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    New venture: estate agency or recruitment agency?

    That's a part that appeals to me honestly, I enjoy networking with people, promoting and marketing things, and feel I'd be good at it - it's just a rather difficult decision to make when I haven't got experience in either sector, I just want to be able to have a proper work-life balance, and I...
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    New venture: estate agency or recruitment agency?

    Online it says working days can be 8:30am-6 or 7pm and include weekends, if you include committing, it comes to 12-13 hours a day, potentially 6 days a week, it just seems incredibly taxing on your body and mind
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    New venture: estate agency or recruitment agency?

    Thanks for the response, would you say that the hours are longer than in estate agency?
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    New venture: estate agency or recruitment agency?

    Hi, I own a ltd company which I have some BTL properties in, it's just a one man company and although it can sustain me I'd like to try out working in a new industry. I'd like to get a job for 2-3 years then after start my own business with the knowledge and experience I've acquired. I know...
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