Fairly making money by sub-contracting - New Business Startup

[puffy]

So far job-hunting sucks but I'm always trying. My background is really web development/programming and business but I love electrical installation with a passion but never seem to landed that job so I've decided to give the business side of me another go.

This post is no way advertising but rather to get your deep opinion on the subject.

I am building a website, an interactive one. It will no way, shape or form be similar to ratedpeople. I've used it, never liked it. So let us not discuss that business here. About the website/ mobile app:

1. User logs in
2. User selects house type etc
3. User tells us what needs to be doing etc
4. Maybe pictures / video of the areas etc - this is important to the business

This business will solely sub-contract the job out and we would take 10% - 15% off the profit (when all expenses removed) would that be reasonable? The difficulty I face is that most jobs require an onsite quote. Since I know technology very will, I can use a beautiful app for tradesman. It has killer features where the sub-contractor would do the site visit and finalise the quote based on the customer price range. The customer will select their budget so we know for sure that he/she would give the go ahead once we stick to the price range or give them some wow factor if we go above their budget.


The trust relationship

Sub-contractors will know the actual cost of the project that's why we say the business will take 10% - 15% as we will process all transaction online and with handy technologies which you will use and those techs cost money. Is the percentage range fair?

About the business

We advertise heavily. We give you t-shirts and mobile app. You invoice us after the job is completed. You get paid by BACs. We would minus CIS or you pay your own. Legal way of doing things will be reviewed. We have our own guys to sign off work. We make you happy, you make us happy. Win, win.

 

[newtothis]

I make it 47 weaknesses so far ......

Maybe Sean but if every idea / concept was commercially viable, that would be most unusual; to say the least. :icon7:

 

[sean_ork]

Maybe Sean but if every idea / concept was commercially viable, that would be most unusual; to say the least. :icon7:

Indeed, the trick is knowing when to stop flogging a dead horse, or in this case, knowing not to start

 

[newtothis]

Indeed, the trick is knowing when to stop flogging a dead horse, or in this case, knowing not to start

well yes, however an equally important trick is not to stop having ideas.
Just cos the 1st, second..............49th don't pan out.
Negativity can stifle creativity, if you let it. !

I encourage the OP

 

[sean_ork]

One man's negativity is another man's realism.

 

[Andy78]

well yes, however an equally important trick is not to stop having ideas.
Just cos the 1st, second..............49th don't pan out.
Negativity can stifle creativity, if you let it. !

I encourage the OP

You can't polish a turd into a diamond, but you can cover it in glitter and try to convince people it has value. It remains however, a turd covered in glitter.

 

[newtothis]

One man's negativity is another man's realism.

of course
Just saying use the time honoured models to sort/filter the wheat from the chaff.
then if it's a goer kep it under your hat :icon7:

Problem with these business models is they can be replicated for tuppence by peeps who can put millions behind it.

 

[ipf]

It was just a thought but the idea is no more.

Fair enough.

 

[newtothis]

You can't polish a turd into a diamond, but you can cover it in glitter and try to convince people it has value. It remains however, a turd covered in glitter.

True - point I'm making is this paticular idea didn't stand up to scrutiny, so what ?
OP, Come up with another idea, Robert the Bruce fashion !
Not going to join in being Neg, potentially demoralising the OP, cos that's not how I roll

 

[puffy]

OP (Puffy) Keep persevering mate, I like your thinking. An important part of the formal business creative process relies on having ideas. putting them forward. Then testing/ adpating them.

Few analytical models I would use are S.W.O.T and P.E.S.T not taking the mick, google those terms under business analysis. If your're not already familiar - Good luck

Thanks. Thanks to this thread I'm more interested in other solutions but until I'm a member to advertise, I'll tell you what else I have. I'll Google those terms.

 

[Spoon]

I suspect having a "black list" website could be difficult to create and keep legal.Maybe just the ability to mark on a road!

Why doesn't this forum just have one. Just call it something like "troublesome customers". It can be like are Arms selection where you have to apply to view the threads in the section. You can put the full address & post code in the subject heading so it's easier to search. Where is it illegal to whinge about customers. You are not outright telling anyone to boycott them... just to be weary...