Hi guys,
I’ve been going a few years now but I’ve never purchased a round before, but having just taken on another full timer I think it’s worth the investment.
The round I’ve been offered is just a day a month and half a day EOM, it’s been valued at 3 x monthly which seems to be fair as it’s only small and a building block to canvass. It’s from a friend of a friend so I fully expect he’ll be trustworthy.
My question to you guys is how do you approach looking at a purchased if you price yourself differently in the market. I’ll be meeting him next week to discuss in more detail and look at some of the jobs.
I’d say we are priced med-high for our area, selling on service rather than price, but I’m not sure how to manage a purchased round that may be priced cheaper per job? I’ve no doubt if I whack 20% straight after taking over we will lose loads, so would you take it on at a smaller margin and increase once settled or just walk away?
Dave
I’ve been going a few years now but I’ve never purchased a round before, but having just taken on another full timer I think it’s worth the investment.
The round I’ve been offered is just a day a month and half a day EOM, it’s been valued at 3 x monthly which seems to be fair as it’s only small and a building block to canvass. It’s from a friend of a friend so I fully expect he’ll be trustworthy.
My question to you guys is how do you approach looking at a purchased if you price yourself differently in the market. I’ll be meeting him next week to discuss in more detail and look at some of the jobs.
I’d say we are priced med-high for our area, selling on service rather than price, but I’m not sure how to manage a purchased round that may be priced cheaper per job? I’ve no doubt if I whack 20% straight after taking over we will lose loads, so would you take it on at a smaller margin and increase once settled or just walk away?
Dave