FORUMula1.com - F1 Forum

[Jamie]

Now there is a local builders company that i love, i love the warehouse, the way the operate + in the near future i would like to form a partnership and maybe look at owning 37% of the business, a good percentage but then if anything could potentially go wrong? Not enough percentage to lose allot of money compared to others, plus the business structure is well thought out. Now how should i look at the price of owning that percentage of the business, plus what could the figures look like? They are privately owned.

As i do want to get into a partnership business, there are a few other companies i would like to look at making partners with in the future. Any advice? Real advice, no

As i have seen 4 business i would like to join. A Pub in a nice area of Nottingham, A Plant & Tractor hire company & an internet lamp distribution company.

Would probably take 40 years but still, I will be a Grandad, With a Landrover Sport V8 Supercharged while A nice easy life playing golf
drinking JD in my pub

Thats the dream folks

[vaptin]

Um, speak to an account or Finical advisor or one of "those" people

[Gaz]

i'd rent a Ferrari for the day and hire a nice suit, just turn up at the place with a bag of money.

Now what you want to do is basicly get about 100 of £10-20 notes..

Then just get some news paper and cut it into the shape of the notes and just make bundles of money with the one £20 note on the top and the rest just news paper.

Then Drive to the place in your Ferrari and just say "i like the way you operate, i wanna buy into you guys" then open the bag of money.

They'll be well impressed with the Ferrari and be like nice one and you'll own 50%.

However if they check the money just run, at least you'l have a fast car to make your escape.

I've done this loads of times and it really works.

I own 35% of a Bakers, 45% of a Newsagent and 22% of a Toilet Roll Manufactoring Plant.

Oh and i recomend a hugo boss suit as they are easier to run in if it goes wrong.

[Jamie]

Now there is a local builders company that i love, i love the warehouse, the way the operate + in the near future i would like to form a partnership and maybe look at owning 37% of the business, a good percentage but then if anything could potentially go wrong? Not enough percentage to lose allot of money compared to others, plus the business structure is well thought out. Now how should i look at the price of owning that percentage of the business, plus what could the figures look like? They are privately owned.

As i do want to get into a partnership business, there are a few other companies i would like to look at making partners with in the future. Any advice? Real advice, no

As i have seen 4 business i would like to join. A Pub in a nice area of Nottingham, A Plant & Tractor hire company & an internet lamp distribution company.

Would probably take 40 years but still, I will be a Grandad, With a Landrover Sport V8 Supercharged while A nice easy life playing golf
drinking JD in my pub

Thats the dream folks

?

mean nothing mr Gaz

[Gaz]

it was real advice, no need to be rude and just throw it back in my face.

very upsetting.

[What's Burning?]

You have the dream already staged out, just come up with a plan to work it. In business partnerships, sometimes you can increase your percentage of ownership if you're willing to also put in some elbow grease. Your time invested is cheaper on the wallet but just as financially important to the success of a business partnership.

Ultimately you have to look at the financial aspect and understand the market of whatever business you're going to pursue.

Love what you do for a living and you'll never "work" a day in your life.

[Jamie]

You have the dream already staged out, just come up with a plan to work it. In business partnerships, sometimes you can increase your percentage of ownership if you're willing to also put in some elbow grease. Your time invested is cheaper on the wallet but just as financially important to the success of a business partnership.

Ultimately you have to look at the financial aspect and understand the market of whatever business you're going to pursue.

Love what you do for a living and you'll never "work" a day in your life.

I'm interested in builders or builders merchants

[Gaz]

i'd just start watching bob the builder then and walk around with a hard hat to get used to wearing one.



Hes a Legend.

I love catch phrase, so motivational.

Can we fix it? - yes we can.

Your right bob we can.

[f1ea]

Would probably take 40 years but still, I will be a Grandad, With a Landrover Sport V8 Supercharged while A nice easy life playing golf
drinking JD in my pub

Thats the dream folks

What?? no Ferrari????
no decent dream is complete without one in your garage

[Jamie]

Would probably take 40 years but still, I will be a Grandad, With a Landrover Sport V8 Supercharged while A nice easy life playing golf
drinking JD in my pub

Thats the dream folks

What?? no Ferrari????
no decent dream is complete without one in your garage

BMW 3 series m3 sport

[f1ea]

Would probably take 40 years but still, I will be a Grandad, With a Landrover Sport V8 Supercharged while A nice easy life playing golf
drinking JD in my pub

Thats the dream folks

What?? no Ferrari????
no decent dream is complete without one in your garage

BMW 3 series m3 sport

hmmm I'm not a big fan of BMWs. I prefer Mercs... but dont worry, i'd be your friend when you're rich, even if you have a BMW

[madbrad]

Can we fix it? - yes we can.

Your right bob we can.

Maybe he should be running F1.

[What's Burning?]

i'd just start watching bob the builder then and walk around with a hard hat to get used to wearing one.



Hes a Legend.

I love catch phrase, so motivational.

Can we fix it? - yes we can.

Your right bob we can.

What part of an F1 car is he going to use that pipe wrench on?

[Gaz]

Bob can fix anything with that pipe wrench

[Selcouth_Feline]

in the near future i would like to form a partnership and maybe look at owning 37% of the business (...)

As i do want to get into a partnership business, there are a few other companies i would like to look at making partners with in the future. Any advice?

The big question is why would they want you as a partner? If the businesses are running well, why would they want to give away some of their company? What can you bring to the table that is unique and worthwhile? If it's cash, why don't they just go to the bank? Do you have expertise that you can offer which would be more valuable than just money? Also, what role do you want in the business - just as an investor/holder of shares; non-executive director; member of the board?

In terms of equity, you need to have a firm look at the books - I would recommend having an accountant go through them with you. It's always difficult to value a business, but one of the quick 'n' easy rules is that a business is worth three times the year's profit. I think equity is a difficult one though as it really depends on what you are bringing to the core business.

The other thing is that you have big plans for being involved in a lot of businesses. Take it from me that one business is a lot of work, let alone more than one!