[sunshine windows]

I'm retiring next year Smurf 

[Stoots]

What about handing control of the business over totally? I.e employ someone as a manager. Pay hIm 30k a year to run every aspect of the business (assuming a 60k turnover). Just because you don't work in rain doesn't mean your employee can't ,maybe he won't mind doing a Saturday morning either for the odd add on job? .

Then Why not take your spare time any money and invest it in something and else entirely? Windows is a great business but it's not the only one there's businesses you can run sat on your arse with a laptop..what about property, antiques, ebay, web design etc etc

[Carl2009]

What about handing control of the business over totally? I.e employ someone as a manager. Pay hIm 30k a year to run every aspect of the business (assuming a 60k turnover). Just because you don't work in rain doesn't mean your employee can't ,maybe he won't mind doing a Saturday morning either for the odd add on job? .

Then Why not take your spare time any money and invest it in something and else entirely? Windows is a great business but it's not the only one there's businesses you can run sat on your arse with a laptop..what about property, antiques, ebay, web design etc etc

Nah, don't want to take on another business. I have one feldgling one already.

[Carl2009]

OK, so, franchising.

Say I gave him use of my van in return for 50% share of the first year's turnover (bear with me) after which it was his van (negating the need for him to come up with an initial capital investment); after that he would pay me 20% of turnover in return for the standard franchise commitments from me of branding, uniform, more work, maintained equipment, marketing, advice etc. Where would I get the business from for Franchisee 2 given Franchisee 1 has all my current business: I'd need business before I can get Franchisee 2, but need to be able to clean to get the business and Francisee 1 has the van.

What am i missing?

[NWH]

this is the simple short version

bigger tank
bigger van if required
employ 2 lads on say £8 an hour plus a decent bonus linked to no complaints, attendance and turnover
you drive
they clean
whilst they clean you canvass, do slips, collect etc
get van up to £7500 turnover a month or £375 per day on 20 days a month
^^^^^ depends what part of uk u from so maybe higher or lower
ban mobile phones unless break time

don't come on here telling others your doing £7500 a month as you will be attacked by the @ankers on here

IMO above is the best option at least for the first couple of years while they are learning the work,try and get everyone online so they are not handling the money side of thing.You will have full control allowing you to do a bit of work on the days you feel able to.

[Smurf]

I'm retiring next year Smurf 

I'm betting you will by the way it's gowing and with the amout of leads im passing your way me being on the sick and all 

[sunshine windows]

Sorry to hear you're not in a good way smurf.

Tell you what, you price them as normal. I'll take a 50/50 split. With your prices I'll still be quids in 😂

Carl, why not start 2 franchisees at the same time with the work you have. The income from the initial investment of 2 will tide you over long enough to build them both up to a decent level.

[Smurf]

That's very kind of you Lance as I may take you up on that kind offer in the near future when I reach the point I have to come off the tools completly. It seems to be one thing after another health wise lately but still I want to get out and do a bit if/when I can as keeps me active all the same. 

[Carl2009]

Sorry to hear you're not in a good way smurf.

Tell you what, you price them as normal. I'll take a 50/50 split. With your prices I'll still be quids in 😂

Carl, why not start 2 franchisees at the same time with the work you have. The income from the initial investment of 2 will tide you over long enough to build them both up to a decent level.

Well, one has no savings to invest and doubt he could raise any, hence my idea to take a 50% cut of what he turns over till he's paid me back the investment; the other is still in the army; would have money to invest but not sure when he's out or even if he would be interested. I do know he is out soonish and do know he might well be up for and capable of the job.

[sunshine windows]

Sorry to hear you're not in a good way smurf.

Tell you what, you price them as normal. I'll take a 50/50 split. With your prices I'll still be quids in 😂

Carl, why not start 2 franchisees at the same time with the work you have. The income from the initial investment of 2 will tide you over long enough to build them both up to a decent level.

Well, one has no savings to invest and doubt he could raise any, hence my idea to take a 50% cut of what he turns over till he's paid me back the investment; the other is still in the army; would have money to invest but not sure when he's out or even if he would be interested. I do know he is out soonish and do know he might well be up for and capable of the job.

One of mine didn't have a pot to pee in before he took the plunge. He took a bank loan and has never been so happy.