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John Davy
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Posts: 14
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21/10/2009 07:36:49
- Robert,
I too have been considering the same situation. I am interested in exploring possible partnerships and investment opportunities.
John
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Colin Johnston
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Posts: 1
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23/10/2009 15:52:29
- Hi Guys another like minded individual here. Some great oppurtunities out there at the minute.
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Stephen Wright
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Posts: 246
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05/11/2009 22:01:11
- Hi Guys, I have thought about this as a capital route for a long time. However, there are many problems around this, all of the human. Who manages the business? will the investors be silent? or offer input within their expertise? how do you charge the company.
I concluded that (inclouding from my own experience within the wine trade) partners need to be tied down by a tight agreement and lock in and out clauses critical.
I am not against it - just have had a steady supply of former colleagues needing work and have gone for using them on a low basic salary but accelerated profit share. It has worked better than well except in one instance when the guy thought he was the number one man rather prima inter pares. It cost us both a friendship and silly costs.
Let us bat this around as I have some spare capital but no real time.
Best wishes all
Stephen
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nino danglar
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Posts: 9
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16/11/2009 19:35:52
- Mmmmm...this posting and replies do not smell too genuine to me.
Two moderators and 2 newcomers to the forum !
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John Davy
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Posts: 14
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17/11/2009 14:26:07
- Nino,
Could you explain ?
I am a genuine investor, I would much rather use my savings to help someone get their business off the ground, than keep it in a bank account.
I am amazed that people on this board are not looking for ways of achieving backing to start their business. I am currently employed, and so do not have the time to start a new venture at the moment, but do have the means to help others.
It is prudent to be suspicious of others motives, but by the same token you may miss the opportunity to recieve genuine help.
John
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veronica neill
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Posts: 6
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17/11/2009 20:47:01
- Sounds interesting. I'm currently looking to start a new business and have just finished employment as an Investment Manager, and have funds to invest.
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daniel lyons
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Posts: 1
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17/11/2009 21:37:06
- mmmmm very interesting
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Richard Price
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Posts: 1
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18/11/2009 10:14:26
- Hi,
Sorry about the cheek of this but I thought it may prove of interest.
I am an experienced managing director, involved in running businesses up to £40m turnover and been at board level on multi-nationals. I won the National Buisness Awards for Bright Business and I have owned my own business and also sold them.
I am currently seeking an acquisition in the services sector but I have limited funds. This means that to buy something decent I have to of course argue a first class deal but try and place a substantial element as deferred which can be a tough call.
Just wondering whether any individual or syndicate would offer support if something sutable was found. I would be looking to purchase up to £500k with about £200k deferred. I can put down £30k cash.
Just to be up front; I had a divorce some time ago which I settled (willingly and amicably with all my funds) and re-started again. I purchased a loss making heating company at the back end of 2006 (t/o £4m- losing £35k pcm). Pulled it around in the first 6 months but then 2 major contracts (H/A's) were not renewed because of the old vendors name and so 65% of the sales disappeared overnight. Battled through this for 18 months with losses running at about £20k pcm whilst re-stablished name. After 18 months, awarded two significant long-term contracts circa £5 million pa for 5-10 years and which would have secured the business at excellent profits and cleared off all the debt which was invoice financed. However due to climate (back end of 2008)the ID line was pulled overnight and I couldn't save the business. So much for a Bright Business Award Winner!
Anyway, rather be honest and tell you up front now.
I'm a construction professional- experienced civil engineer; chartered quantity surveyor; and other bits
Anyone interested, will post cv to.
Hope you didn't mind this intrusion
Richard; **email removed**
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veronica neill
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Posts: 6
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18/11/2009 18:51:12
- Richard, sounds interesting..I too have £30k cash to fund, but would like to understand the detail,and the associated risks involved.
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veronica neill
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Posts: 6
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18/11/2009 18:51:59
- Richard, sounds interesting..I too have £30k cash to fund, but would like to understand the detail,and the associated risks involved.
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