E-commerce garden and home products
NATURE OF BUSINESS | E-commerce (garden and home products) |
STAGE OF DEVELOPMENT | Early stage expansion |
INVESTMENT BEING SOUGHT | Up to £75,000 (package) |
20% EIS TAX RELIEF POTENTIALLY AVAILABLE | Yes |
PREPARED TO HAVE MULTIPLE INVESTORS | Yes (Syndication opportunity) |
EQUITY STAKE | Realistic |
INVESTOR PARTICIPATION | Non-exec |
MANAGERIAL SKILLS SOUGHT | Strategic/Business Development |
LOCATION | West Midlands base |
Online retailing - when done professionally - has for some years been a mature and high growth business sector. Its use, particularly by "time poor" individuals, is growing rapidly each year. It merits a place in most investment portfolios.
The virtually full time involvement of an acknowledged expert in search engine optimisation gives this company a distinctly competitive edge, and:
· its managers are skilled professionals who have committed heavily
· they are hungry but not reckless
· their business model has been well thought through, has been tested, refined and is now proven
· the product range has been very carefully assembled
· the choice of target markets (gifts for the home and innovative gifts for the garden) insulates the business against the effects of seasonality
After careful development and a productive pilot phase, the company launched commercially and is achieving a promising level of sales. The next phase involves growing the business quickly and profitably, and capital is sought to accelerate that process.
The company's product range at present encompasses 8,000 items, including a varied range of log cabins that sell particularly well. Its business model, which encourages potential purchasers (of all products) to call it for help and advice, adds to customer confidence and generates sales. It uses a "drop ship" model, which means it does not carry unsold stocks of the products it sells.
A detailed Business Plan is available. Please call to discuss.
Further information: Harry Stott, University of Warwick Science Park Limited
024 7632 3123 or capital@uwsp.co.uk