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Marc Stock

Diversifying- Bramar Ltd.
« on: February 20, 2018, 09:46:30 am »
Hiya fellas.

Thinking of diversifying into contracts management. I have been window cleaning for 15 years with varying ammounts of success. Recently we went ltd, and i am pushing the window cleaning business to have a full time employed window cleaner by the end of 2018 so i can start focusing on other business activties.

One business activity i would like to get the ball rolling on end of 2018 is contracts management and procurement in cleaning, public services, and government services.

I may be looking for business partners, but most importantly i wanted to ask the following.

What is the general rule with this sort of business? 10% profit? 5%?

Are contracts for services usually 3 years or longer?

Is it common say you have a contract worth 50k with one company, that they pay a deposit on start of contract with the balance reducing monthly?

Or dp i have to get credit via form of a standing charge from the bank? Or factoring?

Whats the norm on this.

Any opinions are appreciated