Recent content by Chris Bennett

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    New IT Business startup

    @Clinton - Thank you for the above. I'm in the last stages of finishing the business plan off. Part of the business will be to provide consultancy services for potential customers. So will be part of the business. This is something that won't happen until I've got the cable & av side built and...
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    is anyone netting 6 figures on this forum

    Nothing worse than pink wine. Doing what I do I can earn good money, however I find it nice sometimes to have a few weeks off and spend it with my little boy. It's better to have a good work life balance than have a 6 figure salary.
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    New IT Business startup

    This is one of the reasons for asking the questions, so that I can make sure that my business plan is water tight. I know how I want things to be, but I don't know what investors are looking for. A reason for the help to take a look at what I currently have detailed. At the last place I worked...
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    New IT Business startup

    Well I appreciate the information so far. More than happy to answer the questions. So when you have a minute to read through here are the answers below: If I can re-mortgage then I will do this to help funding, the other 2 guys coming in, one is going to be the Lead Cable & AV engineer, so his...
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    New IT Business startup

    There really isn't a cheap way of doing it, if I go cheap I reduce the quality to the customer, I'm not sure what background you have, however if you know cable & av and managed services sector then you would know that you have to guarantee the work you do. My intention is to bring 3 people on...
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    New IT Business startup

    Well I'm still awake and looks like I would certainly be looking down the Financial Investor route. 4-6 years would be a good time to establish the business and to grow the managed service sector. I have worked out my Year 1 costs and what my annual costs are going to be. I'm also as mentioned...
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    New IT Business startup

    Problem is, Start up loans will just about cover the cost of the equipment I need to buy, Van and Insurances. Won't cover the cost of paying for the small team I need to put together. Chris.
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    An introduction of myself and my company

    Welcome, Sounds like you have done well for yourself. I'm going to have to keep you in mind for the near future to help with getting my website publicised. Chris.
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    Freehold Bar Startup Advice

    I would say that my first question will be what do you know about running a pub, whether it's Tied or Free House? Do you know what you need to get a licence to sell alcohol? Have you seen the takings for said pub. If you've never done this before I would seriously and speaking from experience...
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    New IT Business startup

    This is the kind of information I'm needing. Thank you. The thing is I don't want things sugar coated, I just need the simple facts. I know this isn't going to be an easy venture, however myself and the other 2 that will be working with me want to make sure it works. Like I say if I need to...
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    New IT Business startup

    Smart arse :-) I know the business won't make Millions for a good few years as I know it's a competitive industry. I would love it to make millions and have something decent to leave my boy when I come to retire. In regards to the exit, for an investor are you asking how he will be paid out...
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    New IT Business startup

    P.s. The £250 & £500k is before deductions, so again I know I'm not going to be making a lot of money after deductions, however this really is the start that I need to push the business forward.
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    New IT Business startup

    Thank you for the replies guys, very much appreciated. @Clinton - I've read a few posts that you've replied to and think the answers you give are firm and fair. In regards to finance, if I have to get secured finance on the house I will. Ideally I don't want to do this at the moment if I can...
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    New IT Business startup

    Good morning all. I have done an introduction and potentially looking for some help in where I can go for funding. I'm in the process of putting my Business plan together. I have 2 other people that I want to bring into the Business, they're colleagues from where I previously worked and both...
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    Looking for NAS with Raid 1 capability

    Synology is good, however I have had bad experience with them. Personally I find QNAP better in build quality and I personally think they're easier to use and setup.
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