Recent content by Washington

  1. W

    Turning setbacks from 2022 into stepping stones for success in 2024 !

    Without you giving anything confidential away, can I ask what your new venture will be ?
  2. W

    Business Buyout With Little Capital

    Yes, but knowing what the sellers motivation is can influence what the buyer is willing to pay or how the buyer structures the deal. Knowledge is power !
  3. W

    Business Buyout With Little Capital

    Whatever !
  4. W

    Business Buyout With Little Capital

    We don't know that... I think I covered it with 'if you think that is fair'
  5. W

    Business Buyout With Little Capital

    I have just looked at your other threads, you seem to have had a very turbulent year ! Were you able to resolve your business divorce amicably or are there still legals ?
  6. W

    Business Buyout With Little Capital

    The owner of the business you are looking at has given you first refusal and I am sure their motives here are good, however, this also comes with time and cost savings for the seller that puts you in a good place to negotiate a purchase You probably need to know what is the key motivator for...
  7. W

    Should I be engaging an IP?

    It would be wrong for me to offer advice here. I just wish the poster the best and I hope you get some good advice. from specialist people who don't try to rip you off Remember many future successes are made by lessons learned from past failures so don't get too downhearted and good luck in...
  8. W

    Good place to find micro startups needing capital/time investment?

    Maybe you should be using your experience to set up such a portal You should get first mover advantage as you would see whatever was posted up first
  9. W

    Purchasing A Pub Lease

    What happened ? Did you go ahead ??
  10. W

    Overseas Agent

    Hi There are lots of variables here.... Does having a shareholding in the company give you any control or visibility ? Does your business have the scale to warrant getting involved in their business, as it could suck up your time when maybe your time could be better spent focussing on...
  11. W

    4500sqft Warehouse - How much to start a Bedding Business?

    Did you ever get a bed business going ? It can be a good business to be in, as manufacturers are responsive and deliver quickly, so no need for large stockholding unless you want to. The cost of setting up depends on if you want to be selling beds at £299 or £1999+ Dreams has a wide price...
  12. W

    Istanbul Turkey Suppliers

    I see from the reply, the answer is no ! Start here, for now, this should help you find some of the correct regulations https://www.legislation.gov.uk/uksi/1988/1324/contents/made https://www.satra.com/spotlight/article.php?id=366 I expect vehicle parts and baby clothing will have equally...
  13. W

    Istanbul Turkey Suppliers

    I think the two Turkey regions for furniture are Istanbul and Kayseri, however, the UK has very specific regulations for Home Furniture that are more rigorous than the rest of Europe, if you have no experience of this I would drop it from your list, or at least do your homework prior to...
  14. W

    Pound to dollar exchange rate

    Are these large items and full containers or small higher value products coming over in groupage or postage ? Have you checked the freight pricing, as the cost of freight is tumbling now...I am hearing sub $4k for a 40ft H/C, it was around 4 x that cost 12 months ago I assume you have factored...
  15. W

    Potentially selling my business (please help)

    Can you freeze the bank account until agreement is reached with the incoming buyer As said above, it would be sensible that any money taken from the account should have agreement from both owners It looks like nothing has been done here to take you along on the journey, so act quickly, also...
See more
Top Bottom
Community
Articles
Menu