Taxi Driver Online

thats very interesting Andy, as to date I have kjnown of nobody who has bought a taxi buisness that have ever looked at the ballance sheets.

I remember bidding for a company last year and took a look at the ballance sheet, according to that his firm of 5 cars took 20% more than one of my taxis.

the offshoot was the inland revenue instructed them to cease trading

Wharfie

I've never really understood why anyone would want to buy a competitor.

Surely the sensible think would be to offer the money to the drivers on that circuit. You would get the drivers for a fraction of the price you would pay for the firm, and without drivers the other firm would not be able to serve their customers, thus you would get them as well.

So please remember, drivers money yes, operators money no !!!

What a brilliant idea from Sussexman. He should be business man of 2003!

Offer the drivers a few grand each to come and work for him instead of buying out the rival company. Wow...what innovation. What business sense!!!! Give that man a medal!!!!!

So the rival company is short of some cars for a couple of days. The drivers come straight back with a great big grin on their faces and a bigger bank ballance!!!
RAOTFLMFHO!!!!!!!!!!

I strongly suspect there'd be some kind of tie-in agreement though

But I wouldn't try it anyway

Dusty

you mean create a transfer market for drivers?

Wharfie

I suspect that any sensible firm would 'pay' the money in free (or half) office dues for as long as need be.

However you have a point. But some people are honest, alas it seems not in your area.

But if you would prefer the company you work with, being bought and sold, thus with you being bought and sold, yet have no say, or for that matter no pay, then more fool you.

If there is money to be made in this trade, then it should be those who do the work that get it, not those who sit on their bums and count it.

Quote Sussexman

"However you have a point. But some people are honest, alas it seems not in your area."

Aha...mind-reader now.... You can tell from a single posting that the "people in my area" are dishonest! Darren Brown watch out!!!

So you dont like operators? Definately a communist then.

Quote Sussexman

I suspect that any sensible firm would 'pay' the money in free (or half) office dues for as long as need be.

That would make the other drivers on the firm very happy wouldnt it! But then I presume that you would insist that everyone was equal and so all the drivers, new & old, would be treated the same. Everyone on "free" or reduced subs.

Well Mr Anon, it was Mr Guest who was implying that drivers would take the money and run back. It was he, who implied that drivers could be so dishonest.

Perhaps you should take it up with him?

One wonders where you think the money would come from, for the Mr Big to buy the other firm.

Would it be out of thin air, or from his existing fleet?

Still it's nice to see you supporting the Mr Bigs of this world now. How times change.

Quote Sussexman
"Well Mr Anon, it was Mr Guest who was implying that drivers would take the money and run back. It was he, who implied that drivers could be so dishonest. "

Mmmmm... explain how this would be classed as dishonesty? Unless of course you are suggesting that the drivers sign a contract and are obliged to work for the operator.

I would suggest that a driver is a free entity working with, or for whom so ever they wish, getting the best deal for themselves.

Quote Sussexman
"One wonders where you think the money would come from, for the Mr Big to buy the other firm.

Would it be out of thin air, or from his existing fleet?

Still it's nice to see you supporting the Mr Bigs of this world now. How times change."

Probably exactly like any and every business that has been around since the year dot.

Via profits from the business being reinvested back into the business.

Its not rocket science..... an expression you have so often used yourself

But then we know that you will rant on about operators making profits from the drivers etc etc etc....boring!

I don't like to put a downer on this wonderful business discussion, but would it not only work in a town with just two companies?

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There is Significant Unmet Demand for my Opinion.

Hmmmmm. What special information is there in a balance sheet OTHER than assets and liabilities and profitability? Am I missing something here?

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There is Significant Unmet Demand for my Opinion.