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Old 15-07-2008, 08:19
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James Smith James Smith is offline
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I do like Peters comment "I agree with all of this. I have had to bring a few potential entrepreneurs back down to earth over the years. You rarely get any thanks for it..."

Sounds familiar! Must admit I always work on the basis of "well they wont thank me now, but they just might in 2 years time". Its normally the mad keen ones who need bringing down the furthest and are hardest to deal with I find.

Back to "business opportunities" many of them stink quite frankly. Don't get me started - lots of money seems to be wasted in the early days of peoples businesses on these things. Apart from well drilled big name franchises I find it very rare that clients actually make a long term business out of these things - the franchise is often just a psychological crutch to take people out of the safety net of employment. Tip if you are selling these - add a zero. The more zeros the more people will value it. Typical conversation "so what did you get for your £10,000 fee?" "well it was very good value, we got a days training, a nice logo, a huge manual, some overpriced supplies and a certificate saying we can operate in our local area".........."and for this you paid £10k?" "yes - we looked around and some wanted £15k, didnt we get a bargain!".

Time for a quick accountant exit.....
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