[Plankton]

Could be the next Uber!

[David Beecroft]

Not likely to be another Uber, they have zillions backing them up and went for a market that generally depends on “one off “ trade. Also in this country they played the minicab operators off against the Black cabbies with the “Knowledge “. That divide doesn’t exist in our business.

[CleanClear]

Not likely to be another Uber, they have zillions backing them up and went for a market that generally depends on “one off “ trade. Also in this country they played the minicab operators off against the Black cabbies with the “Knowledge “. That divide doesn’t exist in our business.

Oh it does, just look at the difference in quotes and how each operate. Of course there's a divide, which of course equals more choice for the customer.

[David Beecroft]

That may be true but how many of us could survive on one offs?

[Missing Link]

Don't Ladders Free operate a bit like this?

https://www.laddersfree.co.uk/

They've been going for some years now but only do commercial.

[Missing Link]

That may be true but how many of us could survive on one offs?

With small domestic, you need compact accounts; i.e. close together.

[Marc Stock]

Don't Ladders Free operate a bit like this?

https://www.laddersfree.co.uk/

They've been going for some years now but only do commercial.

If you have a look at their balance sheets, you will see consistant growth from a turnover of just 15k in 2002 to 500k in 2008 and now they are doing £ 1million +

Doesn't mean Osha is going to work though. And i stand by my last statement that they have alienated themselves before they started.

[Soupy]

Don't Ladders Free operate a bit like this?

https://www.laddersfree.co.uk/

They've been going for some years now but only do commercial.

I'm not familiar with laddersfree but from the look of their site they seem to offer much more to their window cleaners than just a 'national advertising budget' and a holding bank account.

[Spruce]

These guys aren't targeting us necessarily. If they do we could easily just decline their offer.

I'm old school so we built our business on word of mouth, doing a good job and some canvassing. We aren't scared to knock on doors. We got virtually zero response from leaflets.

BUT, I don't have a clue about setting up a website and using it as an effective marketing tool. I don't use Facebook either. This is for youngsters. I'm sure I would be able to get sorted if I had to, but what's left of my motivation doesn't push in this direction in the same way being a rocket scientist doesn't either.

Now if I was also too apprehensive to knock on doors, Osha might sound like a good option. After all, I might reason they are taking a cut from my labour in the same way a franchisor would without me having to invest in a franchise financially. They have set up an internet marketing tool which has saved me the risk of learning and doing it myself.

I doubt as a new starter I would avail myself of this for long. Word of mouth and walk ups/enquiries would hopefully help me build my own custom without having to sacrifice a portion to Osha.

.

[The Jester of Wibbly]

And there latest advert on cui is to get 50k crowd funding as they think our industry needs changing.

[Plankton]

One hundred and sixty bookings wow!
Trying to make that amount sound huge there... I can sense a few people relishing at the thought of this new online payment system. 

[Marc Stock]

Sometimes you need to play devils advocate.

Whilst i personally think so far they havent really engaged with us on this forum, it looks to me they are seeking to gain common ground and advertise shares on here which gives us the opportunity for voting rights. This shows that they are reading this forum and they have noted our concerns.

Just think about that for a minute and run through your mind what this means for us. We have a possibility of sharing in the success of Osha, and have controling rights.. they have asked us to invest. Thats very smart, and you sometimes need to take a second or third glance.

Now i have gone against the grain and made an investment in Osha. If they do end up being the next Uber then its a no brainer. (I dont think it will work myself, but id love to see me be proved wrong)

They are offering A type ordinary shares with a 15% equity stake which is actually very generous i think and sometimes even though we dont like it, we have to move with the times to flourish.

Just remember what happened to Blockbuster and Netflix.

[Slacky]

Ive only got 6 windows on my place and they want £27.00

[Splash & dash]

Ive only got 6 windows on my place and they want £27.00

Dear me £4.50 per window , I need to put my prices up 😂😂😂😂😂😂

[Plankton]

They value the business at 283k before the funding. In my opinion (which means he haw) they've over valued it so your stake (average of £343) isn't likely to be good for a return.
Having 90 businesses or people singed up means nothing and 160 enquiries in a year or two is simply not good enough. Might be OK for an estate agent but for low value work it's far from the valuation of 283k.

[Steve Newres]

Ive only got 6 windows on my place and they want £27.00

One off?

[Simon Trapani]

I'm no Alan Sugar but I can't see it working. Agree with most of the above.

Let 'em crack on.

[Slacky]

Ive only got 6 windows on my place and they want £27.00

One off?

Yup.

[Og]

How the hell 283k?

[Marc Stock]

I honestly dont think it will work either.

But it might be worth a punt. I can afford to loose it. No big deal.  And if 5 years down the line its worth some money i might get a return..i probably wont though and I'm not expecting to really either.

Its unlikely they will even hit their funding target anyway in which case my investment wont be taken.