ok so I got it wrong saying my patch I know its not exactly my patch the customers said it was nothing to do with the way we clean them it was coz there mate was starting up in the trade and they wanted to give him the work it just pes me off when I pay over 4000 for a round and someone jumps on it but never mind that's business and like you say its just give me the kick up the arse to get more work which isn't really a problem.
Unfortunately when you buy a round, all you are doing is buying goodwill. Goodwill hasn't any substance, its intangible and its value is purely based on the reputation a business has with its customers.
So in a way its worth something but when you buy a window cleaning round, its not like buying an asset like window cleaning equipment.
Buying a round just helps you with a list of customers who have their windows cleaned by that person, and if introduced properly to the new cleaner will continue with their requirements.
But like us when we bought a round, there will be a certain percentage of customers that won't accept a new window cleaner they haven't choosen or had recommended. They will discontinue the service. Its a fact. But by the same token we gained much more from the area than we lost because of the quality of the clean we did in comparison to the previous guys.
What we did get was an estate of houses of compact work and that was important for us. Eight years on we still do around 90% of the original work we purchased, but have added another 20% to that in that estate. Most of the work we have got after this has not been compact, bits here and there.
My last few years in the Motor Trade was working for Reg Vardy. Peter Vardy steered the company to become the 3rd biggest motor dealership in the UK before he sold out to Evans Halshaw. When Peter was offered a failing dealership by a manufacturer, he would look at the area, look at the assets of the current business, land, buildings and position. If it was to his liking he would make a low offer.
He would never buy customer goodwill and would never buy the parts in the parts dept. or any computer equipment. Nor would he buy any fixtures and fittings.
So if Peter was in the window cleaning business, he wouldn't buy a round, he would employ people to freshly canvass the area. I appreciate it isn't the same thing, but it does make you think, doesn't it?