Start up business

[Chipperclown]

Unfortunately I agree with most, that is, all you really have are equipment assets as business value to sell on, nothing else. I appreciate you have a very good reputation however as important as this is to you & your historic customers this doesn't hold a monetary value to a potential buyer. Also if you are not in country there's no way you can run your business (even via an in country manager). Its' just not a longterm viable prospect. Eventually all will crumble. 

 

I would say if you are leaving the country, make a clean break, enjoy yourself and forget about the business. If you are that attached to it (the business) perhaps its not the right time to move etc.

 

Anyway good luck to you with whatever you decide to do

Edited July 5, 2021 by Chipperclown

[Ian C]

Sell up and move on.
 
If you made enough to hire a manager,I suppose you would have one already?
 
Unless you gave said manager absolute control over the entire business in effect expecting him to run it as if it was his own.Had enough profit quarterly to cover twice the managers salary I would forget it.
 
I have seen what can happen to a business after just a couple of weeks absence by the boss. Let alone months or years.
 
Ships have one captain for a very good reason,he is also expected to go down with his ship. The chief petty officer is not.

Very well put Micheal!

[Mark Bolam]

It’s a bit worrying that two of your ‘staff’ feel it necessary to ‘have their own insurance’.

[kevinjohnsonmbe]

On 02/07/2021 at 01:10, Moose McAlpine said:

You're trying to sell a going concern but with no contracted and employed staff, only equipment.

And a lodger....

[Ratman]

And a lodger....

Your barred!

[kevinjohnsonmbe]

4 minutes ago, Ratman said:

Your barred!

What for? 
 

I feel sorry for the lodger....

[Moose McAlpine]

10 minutes ago, kevinjohnsonmbe said:

And a lodger....

 

Well, not when he sells up and f**ks off and the lodger got nowhere to stay.

Edited July 5, 2021 by Moose McAlpine

[Ratman]

What for? 
 
I feel sorry for the lodger....

Wanting to lodge [emoji16]

[kevinjohnsonmbe]

On 02/07/2021 at 07:06, MattyF said:

 

Your business IMO is worth 10% of any work you have booked up

 

Just to clarify Matty...

 

I’d be inclined to figure that as 10% of the anticipated profit of pre arranged contract work rather than 10% of the predicted income from such. 
 

Even that would be dubious since the incoming owner would have no influence or guarantee that they could achieve the works at preordained rates.

 

Sorry for OP if responses have seemed negative, it’s just that folks are thinking - would I buy it. 
 

 

[kevinjohnsonmbe]

5 minutes ago, Ratman said:

Wanting to lodge

Dullard! You didn’t read the first post!

 

He’s in Norfolk! 
 

That’s Eggs territory.....  No good to me, any earnings would end up going up the wall!