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starting a cycle business
davey26 
| 13 Nov 12:37 |
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 Joined: 12 Nov 2011 Posts: 12 Bike: My Profile | Hi, Can anyone out there share any advice about starting a small cycle business (sales, repairs, custom builds etc) I've been cycling for years and now recently redundant would like to hear and start up stories or niche businesses etc? Thanks eveyone. |
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woodowl
| 13 Nov 19:44 |
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Joined: 12 Nov 2011 Posts: 11 Bike: My Profile | If your confident in your ability to do it mate then you do it. Good luck. |
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soren
| 14 Nov 04:03 |
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Joined: 09 Jan 2010 Posts: 90 Bike: My Profile | I recon now is a great time to start a small cycle bussiness, but only if you have 1. a big enough cash flow to keep your creditors happy,2 enough knowledge to keep your customers happy. Good Luck. |
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davey26
| 14 Nov 04:33 |
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Joined: 12 Nov 2011 Posts: 12 Bike: My Profile | Cheers, I truly believe that this boom in cycling will only continue!! Plus there's now the "fashion" side to cycling with cool fixies and urban commuting, chic cafes etc. And E-bikes will only get better and better. But finding suppliers willing to deal with start ups is difficult......... |
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davey26
| 14 Nov 04:35 |
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Joined: 12 Nov 2011 Posts: 12 Bike: My Profile | Would love to hear other peoples stories both success or failure also. Thanks all! |
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soren
| 14 Nov 05:23 |
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Joined: 09 Jan 2010 Posts: 90 Bike: My Profile | You could always start small.import some cheap unknown brands from Taiwan/China sell them on ebay, and build from there. |
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dudley
| 14 Nov 10:18 |
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Joined: 16 Jan 2009 Posts: 498 Bike: My Profile | if you are setting up a small 'local' business, you might do well to speak to a successful local cycling business that is not in your area - i.e. one that you will not be competing with. A mentor, as such. A small business mentor, even for a small one-off, or regular fee, can really help get off the ground, and will probably save the cost and more (if there is a cost) in avoiding familiar pit-falls. Accounting, cashflow, stock levels, competing with the volume sellers & online sellers etc. How to get online, how to deal with sponsorship (local clubs etc) Becoming THE hub for local cycling activity, the start or end of weekly Club rides, coffee and cake for regular riders etc. If they're at the shop every week, even if they're not buying, they'll buy all they need from you. Avoid becoming, or being seen as, a roadie or an MTB snob. You can be a specialist in both, but it is easy to alienate one 'tribe' which halves your business. I've not done it, but my local shop is a father and son team. Great set-up. I get my bike serviced there, even though it is 5 miles further away than the nearest LBS (which is also very good, but one bad experience put me off years ago) One thought... Do you know a REALLY good LBS? Do you want to go into business / partnership with them? set up another branch? Your years of cycling might give you a contact or two to think about that as an approach. Halves accounting costs, stock share, holiday cover, perhaps even sharing staff / mobile workshop etc, internet costs. |
| My Latest Route: Nov 2009 Forth Estuary Circular | |
| andiduferense | 26 Mar 12:16 |
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Joined: 24 Mar 2021 Posts: 5 Bike: | thanks for the information |
| andiduferense | 26 Mar 12:17 |
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Joined: 24 Mar 2021 Posts: 5 Bike: | Everyone's good morning. I want to train you on a great service, not simply to solve all of the company's problems. On this program, I would like a few words and have tried the call center outsource. We kept on engaging with our clients, but we invested more time on other items while we tried. Most of us have invested in growth this time and six months later our company almost doubled in size. |
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Bowning
| 07 May 04:16 |
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Joined: 19 Apr 2021 Posts: 49 Bike: My Profile | No matter what business you plan to start, it is important to find professional help. Therefore, visit the original site of Osome Singapore and get professional help in the incorporation. This is inexpensive and very time-saving. You don't have to do paperwork and waste your nerves. You will definitely not be disappointed. |
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TomFerna
| 29 Jun 11:45 |
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Joined: 13 Mar 2021 Posts: 28 Bike: My Profile | Business is not an easy task, and it is very difficult to cope with all tasks alone, so you definitely need to use the support service. As well as hire good specialists for example from https://wow24-7.io/blog/best-ways-to-build-a-strong-outbound-calls-strategy who will be of interest to you, with the help of this your sales will increase since the client will know that you are worried about him. I also think you need to enable incoming calls, this is a very effective sales method that will help grow your business. |
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