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Martin_W

  • Posts: 1
Buying a round as investment
« on: August 12, 2008, 04:42:42 pm »
Hi

I am thinking of buying a window cleaning round and then pay someone to do the round.  I am not a window cleaner myself, but keen to try this out as a business venture.  Any thoughts on the practicality of doing this?

Cheers
Martin

Dean Aspects

  • Posts: 1786
Re: Buying a round as investment
« Reply #1 on: August 12, 2008, 04:55:48 pm »
The problem you will have is getting someone to do it for you  if you find someone that will you will have to pay them enough to not go out and set themseves up with a round

www.canada.com/montrealgazette/story.html?id=f99d0663-a27c-4c8e-86d6-8321fca1bca8&p=1

This guy done it and is doing well to say the least

mci services

Re: Buying a round as investment
« Reply #2 on: August 12, 2008, 05:33:06 pm »
thats some story hope for me yet ;D

Mr T

  • Posts: 214
Re: Buying a round as investment
« Reply #3 on: August 12, 2008, 07:43:24 pm »
Personally i dont think it would work.  I know a few people who have done this thinkin it wud be easy money and it didnt work for them although thats not to say it wouldnt work for you. 

Re: Buying a round as investment
« Reply #4 on: August 12, 2008, 07:46:56 pm »
Hi

I am thinking of buying a window cleaning round and then pay someone to do the round.  I am not a window cleaner myself, but keen to try this out as a business venture.  Any thoughts on the practicality of doing this?

Cheers
Martin
Staff IMO would be your only obsticle, try it, if it does not work sell it.

If you dont try you will always wonder, loads of people will say it cant work when if you want something to work for find the way for it to work.

Good luck if you go for it, many will help with info should you need it me included.

Ian

NWH

  • Posts: 16952
Re: Buying a round as investment
« Reply #5 on: August 12, 2008, 08:17:09 pm »
I wouldn`t do it it`s not like a lot of other trades etc,like everything else you need to know all the tricks of the trade.That`s why in a lot of businesses sons-daughters start off on the factory floor learning everything from sweeping up to quoting jobs etc.A lot of people with experience will run rings round you beleive me in this job.

Re: Buying a round as investment
« Reply #6 on: August 12, 2008, 08:39:13 pm »
Not a hope Martin. Impossible.

Lets say you pay someone £350 pw to do £600 of work. 'good' rounds are often sold at three times monthly value so your investment of £7,200 might produce a return of £200 pw after other defrayed costs (petrol, kit etc).

Therefore you would break even (without allowing for your paying income tax and the admin side of his wages and round record upkeep) in 36 weeks.

It's highly likely that you would have given up and lost all your money and customers long before that though.

NWH

  • Posts: 16952
Re: Buying a round as investment
« Reply #7 on: August 12, 2008, 08:43:53 pm »
Not a hope Martin. Impossible.

Lets say you pay someone £350 pw to do £600 of work. 'good' rounds are often sold at three times monthly value so your investment of £7,200 might produce a return of £200 pw after other defrayed costs (petrol, kit etc).

Therefore you would break even (without allowing for your paying income tax and the admin side of his wages and round record upkeep) in 36 weeks.

It's highly likely that you would have given up and lost all your money and customers long before that though.
I would want more return than that and the weekly turnover would need to be more to able to call it a bussiness worth investing in.You need to be getting at least 50-55% and this is the hurdle you`ll have to get over with staff,many won`t accept you`ll need such a high % but you will need it.

merson

Re: Buying a round as investment
« Reply #8 on: August 12, 2008, 08:53:31 pm »
You need to know something about the business before you emloy somone to work it IMHO !

NWH

  • Posts: 16952
Re: Buying a round as investment
« Reply #9 on: August 12, 2008, 09:31:31 pm »
Not a hope Martin. Impossible.

Lets say you pay someone £350 pw to do £600 of work. 'good' rounds are often sold at three times monthly value so your investment of £7,200 might produce a return of £200 pw after other defrayed costs (petrol, kit etc).

Therefore you would break even (without allowing for your paying income tax and the admin side of his wages and round record upkeep) in 36 weeks.

It's highly likely that you would have given up and lost all your money and customers long before that though.


You don’t know much on this subject do you Discount. I’ve no doubt in your world it is not possible to do, I am in total agreement with you on that.

I suppose even agreeing with you still wont make you happy.

 ;D ;D ;D ;D ;D
Who`s seriously going to look at investing in a business that`s going to cost about 7k and give you a piddly return per week,it`s not worth the hassel and beleive me you`ll get some hassel.2 blokes doing 10k a month might be worth a look and a bit of hassel would be worth it lol. ;D ;D ;D ;D