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Jun 11, 2012 12:04:30 GMT
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hey guys, like everyone else at the min I'm not doing much work wise, so ive benn thinking about setting up a motorsport prep and track suport company? focusing on german cars. and doing stuff like the production gti championshi and vag trophy cars. ive been working in motorsport for a bit and I'm off to uni to do motorsport engineering next year. ive worked on fun cup cars, this is the one I'm on this season ive also worked on chevrons and porsche boxsters and a few other things. so i like to think i know what I'm doing lol i would like a few views on working for your self, pros and cons ect... and have a few pics of what i would like to be working on
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Jun 11, 2012 12:12:39 GMT
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I had to trawl through a good few pages to find it, but this might be the sort of thing you're looking for....lots of advice about doing something along the same kind of lines (even if it's not exactly the same, the principles behind the advice will still very much apply) Ideas of self employment - Advice?
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Jun 11, 2012 13:12:09 GMT
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If you haven't been already, arrange a meeting with your local business link office. It's free & what they do-help new businesses. Well worth going for the advice they give. (no I don't work for them, just found them very helpful when I set up)
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Jun 11, 2012 14:30:33 GMT
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most important thing is the looks. Would you get your multi thousand pound escort to a filthy oily workshop? oh, knowledge will be useful too!
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'72 Opel kadett coupe
'77 Opel kadett city sr
'92 Peugeot 309 Gti Goodwood
'93 Peugeot 205 GL auto
'88 Citroen BX 16v(Breaking)
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Jun 11, 2012 14:40:26 GMT
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most important thing is the looks. Would you get your multi thousand pound escort to a filthy oily workshop? oh, knowledge will be useful too! A clean workshop does go a long way, but don't spend too much time and money tarting up premises. A solid reputation comes first. Also consider that at the Golf Mk2 end of things the cars are more likely to be looked after by the owners or close friends of. That said, plenty of the MSV Trackday Trophy entrants last year paid for 'Race Support' packages where a mechanic and his lad show up equipped to support the car over a race weekend - got a van and an EZ-Up?
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Jun 11, 2012 16:25:02 GMT
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If you haven't been already, arrange a meeting with your local business link office. It's free & what they do-help new businesses. Well worth going for the advice they give. (no I don't work for them, just found them very helpful when I set up) Business link got cut back heavily in the "austerity measures" and all the advisors made redundant and the courses they used to run replaced with PDFs on a website. They are still there but the service is cut right back and I heard they were due to be closed down completely apart from web service.
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1937 Austin Street Rod - 1941 Wolseley Not Rod - 1956 Humber Hawk - 1957 Daimler Conquest - 1966 Buick LeSabre - 1968 Plymouth Sport Fury - 1968 Ford Galaxie - 1969 Ford Country Squire - 1969 Mercury Marquis - 1970 Morris Minor - 1970 Buick Skylark - 1970 Ford Galaxie - 1971 Ford Galaxie - 1976 Continental Mark IV - 1976 Ford Capri - 1976 Rover V8 - 1994 Ford Fiesta
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Jun 11, 2012 16:47:26 GMT
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If you're going to university next year will it not be a very short lived business (sub 12 months)?
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Jun 11, 2012 16:55:37 GMT
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solid skill base, patience, out of hours no social life little money at first rewards you did it your way on your own we can no longer look at the big established business models and not wonder to ourselves they all started at day one it was what happened day two onwards that brought them success I'm maybe different but was told years ago that asking for advice can not always give so much conflicting results your torn for making a choice whatever good luck on any venture
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Jun 11, 2012 17:06:50 GMT
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the main thing to consider before starting out on your own is can you make it pay, do plenty of research into the area of work you want to get into, speak to prospective customers and also established businesses and find out what the average rate is for the service you will be offering then see what it will cost to provide said service. if you can make it pay then think about if you can get enough work to live off as its no fun earning no money. the main pros with being self employed is the feeling you get knowing your in charge of your own future and your hard work lines your pockets, not some one elses pockets. the main cons are no sick pay, no holiday pay, no days off, a constant flow of bills with out a constant flow of money. on the whole it was the best move i made going self employed so good luck fella if you decide its what you want to do.
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Jun 11, 2012 21:38:07 GMT
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I had to trawl through a good few pages to find it, but this might be the sort of thing you're looking for....lots of advice about doing something along the same kind of lines (even if it's not exactly the same, the principles behind the advice will still very much apply) Ideas of self employment - Advice?thanks for that, iv been looking at that thread all day! If you're going to university next year will it not be a very short lived business (sub 12 months)? ill keep it going while at uni i forgot to say that i will still be working with the company I'm with at the moment as well as picking up what i can for the rest of this season (I'm talking to a company about doing britcar 24h on there marcos ) and still trying to find a p/t job near home and college in sept!!!! yes i do know that sounds a lot but college is 15hs a week, motorsport stuff is fri,sat,sun what i was thinking was to start getting my name out there now and get prep work over the winter, then when next season comes round ill be in a position to offer track/race support?
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Jun 12, 2012 14:01:03 GMT
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most important thing is the looks. Would you get your multi thousand pound escort to a filthy oily workshop? oh, knowledge will be useful too! A clean workshop does go a long way, but don't spend too much time and money tarting up premises. A solid reputation comes first. Also consider that at the Golf Mk2 end of things the cars are more likely to be looked after by the owners or close friends of. That said, plenty of the MSV Trackday Trophy entrants last year paid for 'Race Support' packages where a mechanic and his lad show up equipped to support the car over a race weekend - got a van and an EZ-Up? i see what you mean about the golfs, its the owners that run them really. ill look in to the trackday trophy
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