BIKEPALACE

Protective Cycle Wear Business Completes £300k Funding Round With Ciosif Support business management bike

Drive sales and promote your business and products to new and existing customers. As a Business Development Manager you will be responsible for finding and developing new business while providing a first-class service. Your focus will be approaching cycle retailers, industry brands and professionals to increase awareness and build business. There will of course be mandatory information that we must know in order to provide a full and fair presentation of your business to insurers – company fundamentals, premises details, stock levels, employee numbers.

  • A checklist to show that every cycle has been mechanically examined before it goes out, plus a log of training, advice or information given, will generate a visible audit trail.
  • Attract funding, track progress and grow your business with a thorough business plan.
  • Circular routes can often be the most profitable because the hire operator can charge an hourly rate rather than a full day rate.
  • Catering for a family market also means offering child seats, buggies, trailers and tandems to ensure everyone enjoys their day out.

Since graduating from Oxford University with an MSc in Migration Studies, CEO and co-founder of Cycle.land, Agne Milukaite drew on support from Oxford’s strong entrepreneurial eco-system to develop her business idea. Weekly and monthly reports are ready at a click, or enter a specific date range. This gives you all the information you need to make the right decisions for your business. Gear Up have vast experience with the setting up of fleets of cycles, and the management and ongoing servicing of Fleets of Bikes. We currently have contracts in place with a number of corporates such as Birmingham City Council, AMEY PLC and the Resources group.

The Right Strategic Business Tools

During the quieter winter months hire operators will expect to see more local users and specialist groups. All of these groups represent potential opportunities to preserve business outside of the peak summer season. Ideally cycle hire locations should offer routes which can meet the needs of customers, mainly families, without being too taxing whilst providing additional facilities such as cafe and toilets.

The deal will see four senior members of management take over the running of the business from the Moore family, with plans to grow the business by 40 per cent in the next four years. If you have any questions regarding decisions made, we will tell you the reasons for those decisions. You may arrange such access by contacting the Marble Hill Partners Head of Marketing. We will advise you in advance if a minimal charge will be required for conducting the search, and we will respond to your request promptly, but in any case within 30 days, unless we advise you to the contrary. A few weeks ago I and two more colleagues from Marble Hill Partners took part in London’s biggest charity bike ride, Prudential RideLondon 2015.

Whether your renewal is due within the next few days or not for a few months, speak to our expert advisor Ben for a personalised insurance proposal designed around your business. No – we are pleased to be working with Hiscox to provide 0% Direct Debit for all cycle retailers. The Direct Debit is managed by Hiscox – there are no premium finance providers to get to grips with. We’ve tailored a risk management programme with Hiscox’s underwriters to make those savvy improvements to security or staff training investments even more worthwhile.

When unexpected events threaten to derail your business we can help keep the show on the road – it could be a loss at your site, in your neighbourhood or at your suppliers. But as the CEO ofCycle.landcan testify, if you have a genuine passion for the business you are building and have the right support around you, there is always a winner’s line to cross. The list is fully customisable, and each bike can have its own price, description and image. These visual records make it easy to keep tabs on individual bikes, no matter how large your fleet might be. Simply get in touch and lets start planning to meet your aims and objectives, AND WE WILL COME UP WITH THE RIGHT PACKAGE FOR YOU. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

Doncasters Oldest Bike Shop, Pedal Power, Has Reopened Under A New Management

If you’ve got the location then its worth exploring the potential, before someone else does. A hire business can retain a lot of seasonal flexibility, and some may even close during the winter months. The seasonality of the business also means more flexibility with staff, allowing hire operators to retain a low number of full time staff and bring in flexible resources at peak times. Proper storage is essential which means finding adequate premises can be difficult. A new hire operator may wish to consider either going mobile or renting premises, which will help to reduce overheads and retain flexibility.

Why Insure With Bikmo?

It can be a key business asset that requires sufficient protection if you are to maximise its full value. Whether your business owns or rents premises, your legal liabilities can be substantial. From pay, hours and time off to discipline, grievance and hiring and firing employees, find out about your legal responsibilities as an employer.

Each of these modifications will be invoiced by the accountant, so account for these expenses in the budget. Without a background in accounting, it’s likely you’ll have trouble building a realistic financial forecast without errors. If your Word and Excel skills are average, then you may also end up spending a lot of time on it and it will quickly, become a very dull task.