Topic: [BUSINESS] 25K USD Investment - more info inside - 200% ROI (Read 1996 times)

Closing this topic for now. Have reached an agreement with a relative that is willing to provide this loan.

Updated the post with new numbers. While it does not look profitable, this is mostly because every profit we are making at the moment is spent on new items and extending our stock.

I may have found a first investor outside the board, it is within family and we are talking things over now, next step is making a complete businessplan.

As I am more and more confident in this business, I will also offer new investors on this board an interest rate of 8% yearly, instead of a cut of the profit as was first offered (if they are more interested in steady interest rate).

Update with last week:

Week(from-to-dates)	Visits	% Change to last week
Week 9 (27-2 to 5-3)	295	--
Week 10 (6-3 to 12-3)	170	-42%
Week 11 (13-3 to 19-3)	589	+346% (online campaign started)
Week 12 (20-3 to 26-3)	1.097	+86%
Week 13 (27-3 to 2-4)

Visits to website nearly doubled to 1.097 unique visitors.

Finances

Week	Incoming	Outgoing	Difference
Week 9 (27-2 to 5-3)	€ 301,10	€ 1.013,73	€ -712,63
Week 10 (6-3 to 12-3)	€ 253,60	€ 307,70	€ -54,10
Week 11 (13-3 to 19-3)	€ 249,65	€ 381,25	€ -131,60
Week 12 (20-3 to 26-3)	€ 202,16	€ 83,93	€ 118,23
Week 13 (27-3 to 2-4)

Without any physical events and a little less time marketing this week, our income did not drop a lot, I am happy with this result, as it is also our first week of turning profit.

Goals:

• Higher conversion rate
  
  • Add more items on the website for sale that are not cards
  • Add more single cards on the website
  • Rework and make a new banner on the site that is more attrective
  • Fill the homepage with items that will 'catch' the visitor to lower the bounce rate of homepage
• Maintain daily visitors while lowering marketing costs
• Start preperations for 3-days physical events, which will give a big exposure to the website

Going to give a little bit of insight into how this startup is doing. Which I believe is not bad and things should start to turn around now.

Week(from-to-dates)	Visits	% Change to last week
Week 9 (27-2 to 5-3)	295	--
Week 10 (6-3 to 12-3)	170	-42%
Week 11 (13-3 to 19-3)	589	+346% (online campaign started)
Week 12 (20-3 to 26-3)
Week 13 (27-3 to 2-4)

Finances

Week	Incoming	Outgoing	Difference
Week 9 (27-2 to 5-3)	€ 301,10	€ 1.013,73	€ -712,63
Week 10 (6-3 to 12-3)	€ 253,60	€ 307,70	€ -54,10
Week 11 (13-3 to 19-3)	€ 249,65	€ 381,25	€ -131,60
Week 12 (20-3 to 26-3)
Week 13 (27-3 to 2-4)

The outgoing each month will be a steady €105,73 for standard costs (Webhosting/Domain/Internet/Advertising), which is not very high. Above this the main cost will be investing in stock. We are missing out on a lot of sales at the moment due to not having enough items in stock. Out conversion rate on the website is currently very low and would be much higher with a better stock.

Big events coming up:
- Buying products for sale: Begin of April, currently set at € 930 euro.
- Three days event in The Netherlands: 15th, 16th and 17th of April, expecting a revenue of roughly €600 to €800 in those 3 days, but mostly used for advertising our website.

This website/company can turn profitable in a very short amount of time, the main factor is having items for sale, for which I am looking for an investor. I am expecting week 12 (this week) to be the first profitable week in the company.

If no real interest will come from an investor in the next few weeks, then this offer will also pass over. As soon as the revenue stream in consistent I will be able to get a standard loan from the bank for the company. But the bank requires the company to be atleast 3 months old, which is the reason why I have not yet taken that step.

Identifiable info will be everything, I am a registered company at the dutch chamber of commerce, and all needed papers (including those with my identification) is added.

I cannot PM you my business plan as it is a Word document, you either have to sent me a PM with a request with an e-mail address, but before I sent you the document, I would like some confirment about your seriousness, as I am not spilling out all my personal details to anyone on the internet. You are a newbie account (maybe an alt?), you have no trust build up at the moment yet.

So what kind of collateral do we get for providing you with a loan? What kind of identifiable info will you give so you cannot run off with the money?

Please pm me your business plan. Thanks.

I cannot tell you exactly how much court costs would be etc. But my guess is that you would probably be right.

But, it would be hard to go bust as company, with VERY low maintenance costs (website, insurance) the chances of going bust are very slim. In a couple of weeks I am able to provide financial numbers from the first weeks of business.

We have had two weekends where we went to sell at a physical place and the first two weekends of doing this our revenue was approx $500, not a whole lot, but these physical markets are just for promoting our website. The website is where the profit should come from.

The website is easy to see btw, my avater is linking to it. Please don't mention the name in this topic as I don't want to get it indexed by google. We are filling the website slowly with content, the first 1500 cards are added and margins on cards are rougly between 30% and 60% each.

I have not updated my investment plan since creating this topic, but if someone is really interested I can create a new one with our actual costs and profits from our first few weeks of running.

-edit-

I can ask, but cannot guarantee anything, I know of only one of my customers that is also on this forum. It is a pretty well known member with a couple of 1000's of posts, but that might also be a reason why he would rather stay anonymous.

Other customers were direct customers through my former webshop, they are (a.f.a.i.k) not a member on this site.

Something a little easier for me to do is a little screenshot of my paypal http://imgur.com/a/qLjWS during my webshop period, it shows a good amount of bigger orders, I know it does not prove anything at this time, but the only real proof I can give is in a couple of weeks with a demo account of the admin panel with the sales on my new webshop. That will prove that my concept is viable and a good investment for investors.

PS. I stopped with my previous webshop because the risks were too big for me. The amount of money on single orders was too great. If anything went wrong then I would be in risk of bankruptcy and I have a lot to lose aswell (house with mortgage). And it was a risky business, I lost around 14K to blackarrow with their delays. I was able to handle that due to profits from other sales, but it made me realize that I should have started a little smaller from the start.

Your trust shows that you have only been entrusted with a few hundred to a few thousand dollars worth of others' money at a time, and for short periods. Your trust also shows something closer to around $10k in trades as opposed to $300k, although some of your trades may not have involved the leaving of trust rating at their conclusion. Could you maybe have some of your trading partners post that they have traded with you, the value of the trade at the time of the trade, and if they trusted you as part of the trade?

Another concern is that most of your trades involve Casascius coins, which is Suspect is not the case for your business proposal (I don't know what you are doing, so I might be wrong on this). How much experience do you have in the line of business you are proposing entering into? Even if you are not going to outright steal the money, this does not mean your project will automatically be successful.

What if the company goes under? The investors would then be out of money and you probably have whatever is left after the company is dissolved or after going bankrupt (since it would cost more than what is given to go to your country, file in such courts, etc). Trust alone, imho, isnt enough in this case.

It is based on trust and a valid registered company at the Dutch chamber of Commerce (and a contract).

I've done trades in BTC for a total near 300k in the past on this forum. Some shows in my trust rating, and hopefully their are also people here on the fprum that can bouch for my previous webshop (usbminers.nl ) that was one of the biggest webshops in Holland for the mining community. Their are forum members here that have ordered for over 50k at my store in the past.

Are you offering any kind of collateral for this "investment" or is it based entirely on trust? If on trust, then why should anyone trust you?

Still looking for one or more investors that are looking for opportunities. Please sent me a PM to get to know more. As I'd rather not have google index this topic combined with my website I will share all information with people in PM or over mail.

The first part of this business is now operational and money is going to start coming in slowly now. The more I can invest into this, the more I can sell.

I do see where he is coming from, but most businesses will need human interaction (machines have came along way but automating decisions right off bat without someone standing behind it isnt always the best thing in my books).

Received a reply from Bigassboy, this opportunity is not for him as it it not something automated. (This message is posted here with his consent)

Thank you for your honesty Bigassboy.

I am still willing to sent the document to those interested, let me know here or in PM if you want to remain anonimous.

Not a problem, PM sent.

If you don't mind, I would like to have a look at your business proposal too..

Ok,i receive it and i will check on it.
soon i will send you a pm regarding this and a personal review.

Regards.

OP you in wrong section, move topic to "Long-term offers",
And even better lock topic because you do not have a chance to get a loan here.

It is not a legal document or anything at this moment, it's just the basic information, and if there is real interest I will work out everything that the investor would like to know.

I have sent you a link to the document in PM.