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Matt Vandart

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Posts posted by Matt Vandart

  1. Cool thanks dudes, I am aware of the rain king /der baron thing. I am looking for a smaller tyre for my XC bike that wont go skating in the wet. The trails on the mountain by my house is very rocky, as soon as they get a sniff of damp its skiiing time.

    The mountain king 2's I got are sheeeeeeite in these conditions. Read somewhere the Baron was a good wet weather tyre.

  2. Dude, I'm right behind you, go for it, if you don't try it you will probably regret it, don't use your own money, don't use your rents money, don't use friends money, use the banks/investors money.

    I got my figures from opening a bike shop just before the recession and also just before the price of bikes to retailers took a 30% (?) hike.

    Just putting this to you in case you havn't thought of it. There may be a hole in the market for a reason. I can almost guarantee you are not the only person that has thought of this, is there a halfords? If there isn't ask yourself why. They have teams dedicated to finding places to open up and will have done a very good market research program. Bare in mind cyclists are VERY loyal to their bike shop. Great if you are the shop, shite if you are the competition.

  3. Not meaning to piss on your plans but you will need more startup money plus at least that again as working capital.

    Also not meaning to be offensive but if you are starting on a budget then it would be really handy to know how o do simple things like bleed maguras.

    Please note I am not trying to put you off, I am just throwing my opinion out there, as you are well aware all opinions matter in considering a business including the 'negative' ones.

  4. You are doing it the right way. Always start a business with someone elses money, I got that bit of info from the head of business of a certain high street bank.

    Word of warning, I started a bike shop and ploughed my money into it as the banks had said they would loan me the rest, they didn't the recession kicked in and that was that, took a big loss that year but hey ho and away we go, donkey riding donkey riding......

    In your business plan your most important part is the CASH FLOW forecast the profit and loss bit is neither here nor there you will either make a profit or a loss you can do neither without cash flow.

    What sort of start up figures are ye looking at?

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