Jimnibob

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Posts posted by Jimnibob


  1. Hi,

    I have been recommended Warranty Wise as a warranty company to use to offer my customers warranty. Does anyone have any feedback of them or other recommendations?

    Cheers

    Jimnibob


  2. Just to throw my two peneth in. I am trading in high value vehicle and small turnover, and viewings are by appointment. I rent a virtual office at a local business centre and meet customers there for the viewings. I use this as my business and mailing address and can also 'hot desk' from the premises as well. I simply meet customers in the reception where I can offer them coffee and use a desk in a quite corner of the main foyer to do paperwork. I then show them around the vehicle which I have brought with me and parked in the car park. Never had an issue yet. I am open and transparent with the customer if they ask about my trading arrangements


  3. Hi,

    Just in the process of doing all that fun stuff when starting to setup a new business. I have another businesses, but this is the first motor trade business and so whilst I am OK with generic things such as tax and accounting, there are many new things I have not come across before. 

    What Paperwork

    I am sure I am going to sound a, "Right plonker Rodney" when I ask what paperwork do I need to provide a buyer, but I would sooner feel a muppet than get it wrong. Obviously I am going to provide all of the vehicle related paperwork, but in terms of a Sales Invoice/Receipt is the example in this link adequate and all that I need?

    http://rmiwp.co.uk/product/rmo048-new-used-vehicle-sales-invoice-pad#

    Do I need anything else?

    Cheers

    Jimnibob


  4. hi

    welcome to themadhouse

    be careful with any leases that need signing and remember most are 3 years and rolling

    consider going limited (take professional advice)

    willingness to work 25 hours a day

    experiance

    tow rope:lol:

    thick skin

    be prepared to be obstracised as a second hand car dealer by friends and family but find lots of new mates down the pub

    an enjoyment to do the job

    consider joining lawgistics rather than federation of small business

    Thanks S and B

    What are the benefits of lawgistics over FSB?


  5. Hi,

    I am sure this has been asked many times, but can anyone please advise what things I need to have in place to become a motor trader other than finances and a strong business plan. I am thinking of the practical things and have identified the following, but is there anything else;

    • Business address
    • Motor trade insurance
    • Public liability insurance
    • Motor trade plate licence(s)
    • Business stationary
    • Website
    • Terms & Conditions of Sale
    • VAT registered
    • Declare business to HMRC
    • Vehicle warranty provider option
    • Membership to professional association such as Federation of Small Businesses

    Is there anything else I need or need to consider?

    Thanks