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Looking for a Investor/Mentor for my growing business

Member: doderyd
Located in: West Glamorgan, United Kingdom (Great Britain)

Business Details

Business Stage:
  • Established (ready for expansion)
Amount Required:
  • £30000.00
Investment Types:
  • Debt/loan financing
  • Equity/shares
  • Sales & marketing
  • General expansion of business
  • Equipment/inventory purchase
  • Working capital
  • Restructure debt
  • Computers Hardware/Software
  • Environmental Services
  • IT Services/Consulting

Short Description

IT Asset Disposal Ltd is a computer and IT disposal and refurbishment business operating within the confines of the WEEE directive made law in 2007, all businesses must dispose of their computer and related equipment and have their data destroyed in the correct and lawful manner.

We have been growing steadily over the past 27 months and a growing client base, however in order to manage our growth, we need some capital input at a better than 16% rate that we have been quoted in order to market more effectivley and are looking for a mentor, to help guide the business though this stage.

We are looking for someone with ability to help Franchise the operation and provide some key skills to help us act more professionally.

Triple bottom line revised business plan is on-going and available, along with cash flow projections etc.

Executive Summary

The company:
IT Asset disposal Ltd is a computer disposal and re-use company operating under the WEEE directive, where we data wipe computer hard drives and then refurbish/recycle and reuse equipment to prevent it going to landfill. Operating a strong ethos of ethical and culteral diversity. The company employs over 51% staff from a disabled background and is classed as a "Social Firm".

The Service:
We offer a full data-wipe and collection service along South Wales, the M4 corridor and Midlands.

With 220,000 businesses within South Wales, we are specifically targetting companies with more than 20 staff plus the School, College, University sector

The Management:
The managers have vast experience in their related fields and are a massive asset to the company.

The financials:

The company is currently operating on a breakeven/small loss basis as it uses cash-flow to fund growth. With a small investment, the company aims to expand it's current operating network in order to maximise growth.
Time mapping, process mapping and flow charts are an every day occurance within the company with an assumption that we will aim to Franchise at least part of the Organisation in order to expand our client base.

To achieve our growth and expansion aims IT Asset Disposal Ltd is looking for a £30,000 loan or investment, to be paid back with agreed interest from the cashflow of the business within the next 2 years secure on share equity.

The Company is limited by shares and currently has 3 directors.

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