Sound advice I've bought 2 over the years both been worth it , done 27 years trad 3 years Waterfed pole managed to convert the vast majority of my customers.

Thanks for the info needed that as I want to buy a round but just want to get more info and your experience. 👍🏽 now I know the other things I should ask cheers

@ChrisAddis

3 жыл бұрын

No worries. Glad I could help buddy. Let me know how you get on

Another informative one Chris 👍

@ChrisAddis

3 жыл бұрын

Cheers buddy. Hope you're keeping well

Top video again 👌 There's always the 10-15% that won't have WFP whatever the circumstances and probably the 5-10% that moan if the weathers dodgy ( you need to know this when buying a round ) !!

@ChrisAddis

3 жыл бұрын

Absolutely. From that first round I bought there was a lady who was a right k**b with me saying "well...I want traditional and don't bother coming when it rains and oh I'm only home at the weekends for you to collect, oh and I'm not paying more than £5 front and back." Told her straight "I don't think this is going to work out. We use wfp in all weathers, and payments are bank transferred, and I can tell you for nothing it'll be more than a fiver all round. Feel free to seek another window cleaner my love. Have a nice day." There's always drop off and there are no guarantees that what you putchase will 100% come back to you. Be cautious is all.

Thanks for the advice mate👍

@ChrisAddis

3 жыл бұрын

Anytine mate. Thanks for the support

Thanks for all this info. I'm considering buying a round and have been thinking about everything I need to ask. This video has more info than most. Have you managed to build on the 1400 turn over? Would it be possible to handle a round that brings in about 2k+ monthly?

@ChrisAddis

7 ай бұрын

Absolutely it is. My round turns over well in excess of that and has for years. You just need the right structure.

Great video 👍

@ChrisAddis

3 жыл бұрын

Thanks mate. I appreciate the support

Good info, fair play on giving the chap £800 as well. U got £480 on board so it would still worth it even if they were a bit underpriced (not saying they were, just saying if they was) 👍🏻

@ChrisAddis

3 жыл бұрын

A handful were. Clean them for 2 months then raise the price 😄 simples

When you buy a round, how do you first approach the customers, Do you tell them you've purchased it? Does the existing cleaner tell his customers that he isn't able to clean their Windows anymore and he is handing them over to you? How does that usually play out?

@ChrisAddis

3 жыл бұрын

I just tell them straight up, I'm taking over such and such's round, if you want them done it'll be the same price for the time being etc. I wouldn't lie. It'll bite you down the line

Buying work is a tax deductible expense - it's the same as paying a canvasser for work! I suppose it all boils down to what the accountant advises the cost of buying the work is classed as. There is usually a number of ways of accounting for costs. I would be very surprised if it was not deductible as it was/is a genuine business expense. I am so looking forward to getting out but have to wait for jabs :(

@ChrisAddis

3 жыл бұрын

There have been some changes to tax, but broadly speaking that is the case yes

Technically buying a round cannot be counted as a business expense even with a receipt. Your only buying goodwill , I could be completely wrong

@ChrisAddis

3 жыл бұрын

My accountant says otherwise. By purchasing a round and keeping a record thru the books as an investment in your business to expand. Like I said my accountant assures me that is the case. If yours says different, no dramas you choose who to listen to.

@user-tu1bi9wl3e

3 жыл бұрын

Looks like things changed in April 2019, like I says I could be completely wrong , 👍

@ChrisAddis

3 жыл бұрын

As an edit to the above comment. You are actually correct to a degree. As of 2019 there's a purchase of equipment its treated differently. I believe a proportion is deductible but as always seek clarification from an accountant I'd say.

3 to 4 cleans ? In Cheshire your looking at ten cleans easy , 3 cleans is basically giving your business away ,

@ChrisAddis

2 жыл бұрын

Good to know I got value then. Thing is if you had a round to sell that could raise your income by £1200 a month, you really going to pony up £12k? Rather you than me

@marknixon3105

2 жыл бұрын

It comes to Location like any business how long the business has been running for , most places in the uk are asking at least 7 cleans , and yes you would seek you business if you was retiring or looking at doing other lines off work ,

@ChrisAddis

2 жыл бұрын

@@marknixon3105 with respect good will alone is not worth £12k, nothing like. If a window cleaning business is selling a round you would want to see a return (turn a profit) within 6 months...selling for 10 times is lunacy. It would take nearly a year to turn a profit which when alls said and done wouldn't be enough to live on I saw a guy try and sell his customer list (no kit or vehicles) for £75k 😆..which was making £20k pcm (allegedly)... If someone ask me for 10 cleans I'd smile and walk on buddy