Thinking of starting a new business - any help / advice??

[.Flyer]

gazm said:

Sorry it diddn't happen for you - would you not try to pursue another avenue of funding??

Cheers, I did look into other avenues (other investors, finacing it myself), but I couldn't make it work. It's still on the back-burner though (dormant company, domain name still registered); one never knows what will develop

[StevieBee]

gazm said:

I appreciate your advice and will look into a brokership type of business - although I'm not sure how it works.

Establish contacts and relationships with existing companies and owners. Agree a commission per hire. You market yourself as an "Any Fast Car Hire" company. People send you a request for a certain car or type, you conatct your contacts and sort a few options. The customer then deals directly with the owner or hirer who then pays you your commission. No stock. Positive cashflow. Limited Risk.

Do remember though that level of risk is directly correlated to level of profit.

[escargot]

I'll have a chat to you about it if you want. I'm a Group20 director.

[gazm]

escargot said:

I'll have a chat to you about it if you want. I'm a Group20 director.

YHM

[gazm]

escargot said:

I'll have a chat to you about it if you want. I'm a Group20 director.

Phil - Many thanks for your time on the phone - much appreciated

[escargot]

Pleasure.

[Mattt]

Phil, why the new name? I've always wondered about the G20 franchises - how does it all work?

[Vixpy1]

Mattt said:

Phil, why the new name? I've always wondered about the G20 franchises - how does it all work?

Its only been like that for .. oooooo.. about a year

[Mattt]

Guess I wasn't looking!

[escargot]

Matt, franchisees are effectively the clubs salesmen. We invested in the business initially to provide the start up capital to launch, and for that, we have the ability to recruit members.

For each member we recruit, we earn a small commission. It's never going to make anyone (including the MD) a millionaire, but it is enjoyable and that to me, is worth more than money.

I enjoy the ethos and believe in Group20 to such a degree that when I was offered directorship of the company earlier this year, I said yes. (Whilst still retaining my franchise).

It's a fantastic company, both for the members and the associates.

Edited by escargot on Monday 20th August 08:54

[Mattt]

Are they still looking for franchisees or is it all sorted and setup now?

[escargot]

If you feel you can bring something to the table then by all means, drop me a line and i'll talk it through with you.

[Tearz]

gazm said:

escargot said:

I'll have a chat to you about it if you want. I'm a Group20 director.

Phil - Many thanks for your time on the phone - much appreciated

Are you still looking for an investor? I am Director of a car and van hire company in Bucks - I started in 2005 and made my first profit in 2006, (very rare!)

Do drop me a line and I would need to see your business plan to see if it would work at your end, then we can discuss how to move things forward.

Thanks

T

[m3sye]

Hi Phil

Just curious what happend with the Self emp sales role you was looking to fill. We spoke on the phone and had meeting arranged but you was busy that week and never got back to me

Thanks

Simon

[Steve H]

Dont know if this helps but I am a partner in an insurance brokerage and we are able to place risks like this.... feel free to PM me if you need any help or advice
Steve

[escargot]

Si, yhm.

[m3sye]

escargot said:

Si, yhm.

Hi Phil

Please send to my personal one have shut my old business one down

[e-mail]

thx

p.s have changed my email on here now, I forgot it had my old one down

Edited by m3sye on Tuesday 5th February 20:49

[escargot]

Will do matey.

[vortex20]

From what I have heard all is not as rosy as it seems with a Group 20 franchise. I suggest you research as much as possible independently before making your mind up. I know from experience that the franchise schemes offered by the Vehicle Options people do not necessarily match up to the promises made. The Group 20 supercar club is for all I know probably Ok but when you are considering investing a lot of money in a franchise it makes sense to be as sure as possible. This is good advice in any business situation.