Unfortunately the local factors want way to much you would never see a profit even if you did have a trade account, probably ordering off the web would be best.
Any ideas for a business name?
- Thread starter muddytrax
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Unfortunately the local factors want way to much you would never see a profit even if you did have a trade account, probably ordering off the web would be best.
matty_daak
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4x4 Salvage, Landrover Spares, 4x4 Parts, Range Rover Parts, Somerset - cws4x4
These guys are good, I use em when I need stuff... all they do is break em... there's certainly money to be made mate if you wanna go down that route
These guys are good, I use em when I need stuff... all they do is break em... there's certainly money to be made mate if you wanna go down that route
4x4 Salvage, Landrover Spares, 4x4 Parts, Range Rover Parts, Somerset - cws4x4
These guys are good, I use em when I need stuff... all they do is break em... there's certainly money to be made mate if you wanna go down that route
They are robbing bastards that want more for old **** than a part can be bought new.
4x4 Salvage, Landrover Spares, 4x4 Parts, Range Rover Parts, Somerset - cws4x4
These guys are good, I use em when I need stuff... all they do is break em... there's certainly money to be made mate if you wanna go down that route
Cheers, yeah seems to be a lot of money breaking the things just taken a td5 disco engine apart as Conrod went through block, seems I'll get more for the cylinder head alternator and everything else if I sell seperatly than I paid for the landy itself! Don't have the room to break lots of them though :/
ratty
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You aint joking. They wanted £50 for me for a single second row seat frame with an absolutely buggered seat base and back.
mud muppet
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landy4xbits i want some disscount if u use it....
ratty
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Why did the conrod go through the block?
Pikey
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TriplePartBypass.co.uk
YOU'LL HAVE A CORONARY WHEN YOU SEE HOW CHEAP WE ARE!
At TriplePartBypass we've been supplying the finest quality LandRover parts at the best prices possible since 1901.............
:hysterically_laughi
chunkymunky
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Bitsnbobs
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4buy4online
Matt TDi
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As someone that's running their own business and has ran one before also, I'll offer my perspective.
But before I do, I'm not being negative, I'm being realistic. I hold anyone who has the balls to start up their own business with serious intent in the highest of regard, but facts are facts, and you need to know them, and not just have sunshine blown up your arse in the hope it's what you want to hear.
If you're selling NEW parts you need to have the financial clout to be able to buy in bulk from a wholesaler, this will mean an outlay of THOUSANDS of pounds. You'll also need a bank willing to offer you merchant facilities right from the start, you will need to take card payments (and I don't mean just paypal) to have any credibility. If you're dealing with other businesses as part of your target market and not just the public you'll also need to be VAT registered. Most businesses you'll be targeting will be VAT registered themselves and want to claim the VAT back. If you can't offer that, it will be unlikely to be profitable for them.
Motor factors are fine and dandy for same day stock availability, but manufacturers of parts vary. Plus if you're then selling these parts on, you'll make no margin on factor prices even with the most **** hot terms on your account, which you wouldn't get without references and/or buying clout anyway. Buying parts from factors for garages is fine because the part has immediate demand. Re-selling parts to the trade or public is another matter.
If you're thinking about selling second hand parts from vehicles bought in for breaking then you need to consider the various legal aspects of doing so. For a start you need a waste management license for end of life vehicles. This will require you to have premises that meet the environmental requirements which there are many including proximity to drainage, and non permeable flooring. You'll also need to satisfy those of a higher authority that you have the required waste management contracts already signed with a company that will dispose of the fluids etc. And you'll need all the right tools and fluid handling equipment to safely store those fluids in the meantime. All of that will also run into the thousands.
Even if you have all that money in the bank it's a tough market to crack, especially at 20 years of age. Credibility is everything so be prepared to make a loss or at best barely break even for 24months whilst you establish yourself and important business contacts.
So don't take that as a reason to get disheartened but it is the truth, so re-evaluate what it is you want to do, and think about it carefully before you potentially spunk thousands of pounds up the wall which could be invested elsewhere in your entrepreneurial future.
But before I do, I'm not being negative, I'm being realistic. I hold anyone who has the balls to start up their own business with serious intent in the highest of regard, but facts are facts, and you need to know them, and not just have sunshine blown up your arse in the hope it's what you want to hear.
If you're selling NEW parts you need to have the financial clout to be able to buy in bulk from a wholesaler, this will mean an outlay of THOUSANDS of pounds. You'll also need a bank willing to offer you merchant facilities right from the start, you will need to take card payments (and I don't mean just paypal) to have any credibility. If you're dealing with other businesses as part of your target market and not just the public you'll also need to be VAT registered. Most businesses you'll be targeting will be VAT registered themselves and want to claim the VAT back. If you can't offer that, it will be unlikely to be profitable for them.
Motor factors are fine and dandy for same day stock availability, but manufacturers of parts vary. Plus if you're then selling these parts on, you'll make no margin on factor prices even with the most **** hot terms on your account, which you wouldn't get without references and/or buying clout anyway. Buying parts from factors for garages is fine because the part has immediate demand. Re-selling parts to the trade or public is another matter.
If you're thinking about selling second hand parts from vehicles bought in for breaking then you need to consider the various legal aspects of doing so. For a start you need a waste management license for end of life vehicles. This will require you to have premises that meet the environmental requirements which there are many including proximity to drainage, and non permeable flooring. You'll also need to satisfy those of a higher authority that you have the required waste management contracts already signed with a company that will dispose of the fluids etc. And you'll need all the right tools and fluid handling equipment to safely store those fluids in the meantime. All of that will also run into the thousands.
Even if you have all that money in the bank it's a tough market to crack, especially at 20 years of age. Credibility is everything so be prepared to make a loss or at best barely break even for 24months whilst you establish yourself and important business contacts.
So don't take that as a reason to get disheartened but it is the truth, so re-evaluate what it is you want to do, and think about it carefully before you potentially spunk thousands of pounds up the wall which could be invested elsewhere in your entrepreneurial future.
ratty
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spammersareus
livers
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On the other hand......Auction/cat/battery/lights/alloys....weigh it inAs someone that's running their own business and has ran one before also, I'll offer my perspective.
But before I do, I'm not being negative, I'm being realistic. I hold anyone who has the balls to start up their own business with serious intent in the highest of regard, but facts are facts, and you need to know them, and not just have sunshine blown up your arse in the hope it's what you want to hear.
If you're selling NEW parts you need to have the financial clout to be able to buy in bulk from a wholesaler, this will mean an outlay of THOUSANDS of pounds. You'll also need a bank willing to offer you merchant facilities right from the start, you will need to take card payments (and I don't mean just paypal) to have any credibility. If you're dealing with other businesses as part of your target market and not just the public you'll also need to be VAT registered. Most businesses you'll be targeting will be VAT registered themselves and want to claim the VAT back. If you can't offer that, it will be unlikely to be profitable for them.
Motor factors are fine and dandy for same day stock availability, but manufacturers of parts vary. Plus if you're then selling these parts on, you'll make no margin on factor prices even with the most **** hot terms on your account, which you wouldn't get without references and/or buying clout anyway. Buying parts from factors for garages is fine because the part has immediate demand. Re-selling parts to the trade or public is another matter.
If you're thinking about selling second hand parts from vehicles bought in for breaking then you need to consider the various legal aspects of doing so. For a start you need a waste management license for end of life vehicles. This will require you to have premises that meet the environmental requirements which there are many including proximity to drainage, and non permeable flooring. You'll also need to satisfy those of a higher authority that you have the required waste management contracts already signed with a company that will dispose of the fluids etc. And you'll need all the right tools and fluid handling equipment to safely store those fluids in the meantime. All of that will also run into the thousands.
Even if you have all that money in the bank it's a tough market to crack, especially at 20 years of age. Credibility is everything so be prepared to make a loss or at best barely break even for 24months whilst you establish yourself and important business contacts.
So don't take that as a reason to get disheartened but it is the truth, so re-evaluate what it is you want to do, and think about it carefully before you potentially spunk thousands of pounds up the wall which could be invested elsewhere in your entrepreneurial future.
My lad made a profit yesterday just on the head unit
mattallaspects
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Hi I am 24 and started up a tree surgery and garden landscaping firm just over a year and a half ago its tough doing it on your own and I still don't get more than a few hours off a week but its working and things are getting better and better. I wish you the best of luck mate. I found a local plant nursery that had some spare land rented it off them now I have a small unit for all my gear there. It doesn't cost me a lot so if you ask about its amazing what places u will find to store vehicles, spares ect. And with vat reg I am registered but never found businesses a problem and a lot of people like the idea of not being stung for an extra 20%.
SCOTSSTAG
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Landylogistics..
Why try to find a smart name? Why not just say it like it is and use your own name? Then under it you can put whatever specialisations that you want. If the LR business doesn't work out just add another bit to the second line. If done well it might even mean that people will use you for the first time because you sound like a longer established company, then it's down to you to get the second job.
Grit Valve
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Randy lover 4x4 spares free postage just add it on to parts Make sure you list every item with detailed photos of all sides . As I have not bought parts before because of not being sure or two types to choose from .
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As Dogsbody says, use a very generic name - just think where Richard Branson's Virgin would be today if he was called "baragin cd's"
I made that mistake with my first company, called it Surplus Hardware Supplies as we were in that kind of business then ended up selling lingerie - the name didn't really work!
I would also echo what Matt said, it is not easy setting up, don't let it put you off, but, you need to be talking to banks and accountants now to get things rolling and have a large capital behind you, being a Ltd company and being vat registered isn't a major problem if you need to be, just find yourself a good sound accountant.
I would suggest the breaking vehicles front is a better one to go into in the current economic climate, but, it is still down to contacts, my local disco breaker has a guy who just knows every local farmer in the area and just tours round collecting their old discos all the time (some in pretty good condition)
I made that mistake with my first company, called it Surplus Hardware Supplies as we were in that kind of business then ended up selling lingerie - the name didn't really work!
I would also echo what Matt said, it is not easy setting up, don't let it put you off, but, you need to be talking to banks and accountants now to get things rolling and have a large capital behind you, being a Ltd company and being vat registered isn't a major problem if you need to be, just find yourself a good sound accountant.
I would suggest the breaking vehicles front is a better one to go into in the current economic climate, but, it is still down to contacts, my local disco breaker has a guy who just knows every local farmer in the area and just tours round collecting their old discos all the time (some in pretty good condition)
promosigns24
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The business name should be based on your business service, you should add the main service or industry to your business name. If you want to add your name to your business then you can use your name and the name of your service or industry.
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How about 'Resurrection Inc.'?
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