I'm having an experience I wanted to tell you about...
Discussion
Am in the process of a life changing business/work experience, just thought I'd post briefly here as I have nothing to do on my last day in paid, honest employed work.
Last April (just before getting Married at great expense and compliexity) I found out a small business that was right up my street was for sale, after much thought and on return from Honeymoon and started negotiations to buy. These finished successfully in August and I spent until November battling the banking system until (to my amazement) they agreed to lend me 50%! (Who said Credit crunch?)
I've spent the time since pulling my hair out while the Vendors Solicitor and Mine have made a simple purchase into the most complex contract imaginable and have torn several of my limbs off for the priveledge.
I've taken my mind off this by refurbishing the unit I've rented for the business over the last couple of months and we move starting tomorrow and trading from Monday!
To make things fun we have of course been unable to sell our flat so have to rent a second home nearer the business and rent our flat out. Unfortunatly the bungalow we'd agreed to rent and had all references cleared on was withdrawn from lettings with 2 weeks to go to the move and movers booked, furniture bought etc. Not impressed AT ALL so have to go find another flat/house whatever tomorrow before we start the move. Still not sure if the owner is in the right to be able to pull the place with an agreed let but I don't have time/money to fight it right now!
So from Monday I am MD of my own Ltd Company heading into the recession of doom if I where to believe the Papers and I am cr*pping myself :-)
Lastly a quick thanks to the posters in this part of PistonHeads, in the last few months I've learnt alot of answers to stupid and worrying questions I had by reading on here and its been a great help- thank you all.
Regards,
BEN
Last April (just before getting Married at great expense and compliexity) I found out a small business that was right up my street was for sale, after much thought and on return from Honeymoon and started negotiations to buy. These finished successfully in August and I spent until November battling the banking system until (to my amazement) they agreed to lend me 50%! (Who said Credit crunch?)
I've spent the time since pulling my hair out while the Vendors Solicitor and Mine have made a simple purchase into the most complex contract imaginable and have torn several of my limbs off for the priveledge.
I've taken my mind off this by refurbishing the unit I've rented for the business over the last couple of months and we move starting tomorrow and trading from Monday!
To make things fun we have of course been unable to sell our flat so have to rent a second home nearer the business and rent our flat out. Unfortunatly the bungalow we'd agreed to rent and had all references cleared on was withdrawn from lettings with 2 weeks to go to the move and movers booked, furniture bought etc. Not impressed AT ALL so have to go find another flat/house whatever tomorrow before we start the move. Still not sure if the owner is in the right to be able to pull the place with an agreed let but I don't have time/money to fight it right now!
So from Monday I am MD of my own Ltd Company heading into the recession of doom if I where to believe the Papers and I am cr*pping myself :-)
Lastly a quick thanks to the posters in this part of PistonHeads, in the last few months I've learnt alot of answers to stupid and worrying questions I had by reading on here and its been a great help- thank you all.
Regards,
BEN
Best of luck..... I did the same in 1997 and listening to your feelings, it brought back a lot of memories. I am now 12yrs in and love every day and the pressure/enjoyment it brings. Just remember to take things easy and take your time. When things are going well, put some money aside and ALWAYS pay your tax and NI!!!!!!!!!!!!!!!!!!!!!!
Steve
Steve
CzechItOut said:
I think the least you should do is tell us what and where your business is, so we can come and offer you moral support.
Hi All, thanks for the words of encouragement and support, has been a tough couple of weeks- particularly as we've been running without Phones, Fax or Broadband!! (Thank God for iphone which got me through!)The business isn't exactly target audience for Pistonheads to be honest and I've yet to get my grubby mitts on the website yet but you can check us out at- www.aquatec.co.uk (I suppose in future we might make some automotive products if we do I'll be back to plug them! :-)
Right, must get back to work, busy learning how to use Quickbooks.
Thanks again, its a real adventure!
scubadude said:
CzechItOut said:
I think the least you should do is tell us what and where your business is, so we can come and offer you moral support.
Hi All, thanks for the words of encouragement and support, has been a tough couple of weeks- particularly as we've been running without Phones, Fax or Broadband!! (Thank God for iphone which got me through!)The business isn't exactly target audience for Pistonheads to be honest and I've yet to get my grubby mitts on the website yet but you can check us out at- www.aquatec.co.uk (I suppose in future we might make some automotive products if we do I'll be back to plug them! :-)
Right, must get back to work, busy learning how to use Quickbooks.
Thanks again, its a real adventure!
Good luck! Its the most stressful but at the same time the most rewarding thing we have ever done. What ever people say, you never get rid of that 'what if it all goes wrong' thought! Just be sensible and hopefully it should all work out.
Do you sell your stuff directly or do you sell the shops etc for them to sell on? Only ask 'cos I have a friend who runs a powerboat and dive school in Plymouth who may be interested in what you do.
Do you sell your stuff directly or do you sell the shops etc for them to sell on? Only ask 'cos I have a friend who runs a powerboat and dive school in Plymouth who may be interested in what you do.
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