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Hi everyone,
I am looking for some advice on a business broker, I am selling my established ecommerce company and have received a couple of valuations this week so I know what I would like to ask. I have narrowed it down to 2 brokers however one is asking for £900 up front, the other works on...
Hi.
We are a UK based online shop, we sell throughout the UK and Europe through our site and have a good customer base.
We were approached by a large shop who would like us to sell their products through our UK site for a commission, we have no problem with this as not only does it increase...
I have seen a few car parts companies doing this online (mainly ads on Facebook) and they seem to stock e-bikes which are a strong market and gradually taking over. I guess although it's a 'bicycle' the motor aspect of it kind of works with their market. We are lucky as we are on elite + pricing...
Sorry I should have made it clearer.
So the purchase price (with negotiation) would be around £37,500.
On most commercial BTL you need a minimum purchase price of £50,000 so a standard mortgage would be unlikely/unfavourable. The only way I could buy that unit would be to put down a similar...
Thanks for the input.
I did look in to buying the unit we currently lease but there was a few of problems (which can be overcome):
1 - The purchase price was too low so I would have to put it part cash and part long term loan which isn't ideal.
2 - If we purchased the unit there was a few...
Starting my own brand with components would be the way forward & something I would like to do. However it would be a new company and it takes time to build this customer base up plus not an easy task designing them and finding a reliable company to manufacture the products.
Thanks for the feedback guys. It took some time building the company up and I am confident the figures could double quite quickly in the right hands.
Just to make it clear I never came on here with the intention of franchising it or thinking it was some top end company I can sell and retire on...
In regards to Clintons response - Was that really necessary?
I didn't come here being big headed thinking I was going to become a millionaire franchise expert. I openly admitted I had no idea if this could be done but would be considered if viable. I found out from reply number 1 that it was...
Thanks for the info.
I appreciate selling the company isn't straight forward. I would like it sold within a year if I went down the route but know it can take longer.
In regards to potential I imagine this is something which gets thrown a round a lot with company sales but we genuinely do. To...
Evening everyone,
I will try to keep this as short as possible but I am looking for some third party advice on what to do with my company, its something I have been thinking about for the last couple of weeks but cant get a clear answer in my head.
So to start with the company is a e-commerce...
Hi everyone,
I have a couple of questions which I am hoping the members can help with in regards to a wordpress website.
A friend of mine is creating a new company based around raffles/competitions (I dont know the ins & outs), you will no doubt have seen them where the customer is required...
Hi,
I am still in the planning stages of creating a new website/company.
We will basically be showcasing products for our supplier in the EU, we have a large number of UK customers and increasing throughout the EU.
Our plan is to sell his products through our site for a commission, we will...
Thanks for the info.
I managed to get to the bottom of it with Payment sense, as the account was closed they said ignore the compliance and they will take care of it.
I believe worldpay is up to date as we haven't needed to do anything as of yet.
Thanks again :)