deleted topic
Re: Velo Advance Community E-bikes crowdfunding bid
I have read and re read this as well as the funding site, which has the same text, and I really dont understand what you are trying to do.
Is this a project to build ebikes? if so what is the specifications to be, who is to buy them what expected quantities, and how will the marketing be carried out. WHere is it to be located?
Do you have a business plan? Is it accessible? WHat are the costs involved and how will they be spent, on what, for what or is it just funding to keep you going while you try and make this happen?
If its selling ebikes, is the money for stock and setting the business up/
Is this a business or you personally doing this, if a business what is its structure. Ltd company, Charity (What reg number)etc
Whatever it is you are trying to do I think you would benefit from giving more details. Im sure you know what you want to do, but its not obvious to me. Perhaps you could ask somone else, you know, to look at this and advise you as to how you could improve the presenation/ offering.
If you were presenting to Dragons Den what questions do you think they would ask you, even the hard ones you dont wish to consider.
Good luck.
Is this a project to build ebikes? if so what is the specifications to be, who is to buy them what expected quantities, and how will the marketing be carried out. WHere is it to be located?
Do you have a business plan? Is it accessible? WHat are the costs involved and how will they be spent, on what, for what or is it just funding to keep you going while you try and make this happen?
If its selling ebikes, is the money for stock and setting the business up/
Is this a business or you personally doing this, if a business what is its structure. Ltd company, Charity (What reg number)etc
Whatever it is you are trying to do I think you would benefit from giving more details. Im sure you know what you want to do, but its not obvious to me. Perhaps you could ask somone else, you know, to look at this and advise you as to how you could improve the presenation/ offering.
If you were presenting to Dragons Den what questions do you think they would ask you, even the hard ones you dont wish to consider.
Good luck.
Re: Velo Advance Community E-bikes crowdfunding bid
Grumpy-b wrote:I have read and re read this as well as the funding site, which has the same text, and I really dont understand what you are trying to do.
Is this a project to build ebikes? if so what is the specifications to be, who is to buy them what expected quantities, and how will the marketing be carried out. WHere is it to be located?
Do you have a business plan? Is it accessible? WHat are the costs involved and how will they be spent, on what, for what or is it just funding to keep you going while you try and make this happen?
If its selling ebikes, is the money for stock and setting the business up/
Is this a business or you personally doing this, if a business what is its structure. Ltd company, Charity (What reg number)etc
Whatever it is you are trying to do I think you would benefit from giving more details. Im sure you know what you want to do, but its not obvious to me. Perhaps you could ask somone else, you know, to look at this and advise you as to how you could improve the presenation/ offering.
If you were presenting to Dragons Den what questions do you think they would ask you, even the hard ones you dont wish to consider.
Good luck.
Thanks Grumpy-b - I was alittle concerned when I had assistance to set this up, that the wording may not have been enough to adequately describe what I am attempting to do (PR is probably a major 'achilles heel' of mine) - I had already booked a meeting for next week to discuss with an advisor around the PR side of things. Once I've had that meeting, I will update you - as it is, I'd like to go away and think through your points, which I thank you for
Re: Velo Advance Community E-bikes crowdfunding bid
Forget the PR,
Just explain what it is you are trying to do. Save the PR for the crowd funding . You have as much space here as you need to explain what you want to do and how the money would be spent.
Can I suggest some headings.
What is the project called.
Who is involved.
Where will it be located.
What is the intended out come from the project, in terms of
1. What will physically be produced.
2. What is the social outcome that is envisaged.
What is the longer term intention for the project.
Who / how will the finances be overseen
Will it be a Ltd company, a Charity (Give charity registration number) or what.
After the funding is used what will happen to the product of that investment ie do you just get a nice bike or is there a continuing long term project.
How many people are inolved with the project.
Etc etc etc
Just explain what it is you are trying to do. Save the PR for the crowd funding . You have as much space here as you need to explain what you want to do and how the money would be spent.
Can I suggest some headings.
What is the project called.
Who is involved.
Where will it be located.
What is the intended out come from the project, in terms of
1. What will physically be produced.
2. What is the social outcome that is envisaged.
What is the longer term intention for the project.
Who / how will the finances be overseen
Will it be a Ltd company, a Charity (Give charity registration number) or what.
After the funding is used what will happen to the product of that investment ie do you just get a nice bike or is there a continuing long term project.
How many people are inolved with the project.
Etc etc etc
Re: Velo Advance Community E-bikes crowdfunding bid
I was hoping to have time to give a more concise definition in reply, but it seems an edit of the first post will have to do which should provide much of the answers your after ![Rolling Eyes :roll:](./images/smilies/icon_rolleyes.gif)
![Rolling Eyes :roll:](./images/smilies/icon_rolleyes.gif)
Re: Velo Advance Community E-bikes crowdfunding bid
Good luck with the project, I still dont get what you are trying to do what the money is for and what the outcome will be.
Sorry but its really not obvious, and thats what you have to be.
"Velo Advance is an innovative project that aims to make affordable, practical, up-to-date electric bikes (E-bikes) available to people in South East Wales and beyond."
Reading this seems to be suggesting eiter a shop selling bikes, or a project renting bikes out. But elesewhere you appear to be saying that you will be making bikes.
"There are other e-bikes on the market. However, these are aimed at the luxury and sports consumer, people who have easy access to other modes of transport and use their bikes mostly for fun and fitness. Velo Advance bikes can be used for these too, but they're primarily intended to be a practical and economical way of getting around a person's local area."
Actually most E bikes are not a luxury product and are made in low cost china, sone of the biggest costs the battery and the motor are unlikley to be made in Wales at a cost effective price.
But in all this you have not come clear with what Velo Advance bikes are?
Are they cheap, are they modified std bikes, are they alloy framed, what is the local content, what makes any bike that you may make better , (Usability, cost etc etc) than whats on offer at the moment. Are they heavy industrial grade delivery bikes.
What areas of research and develpment are you doing, is it understanding what people need for transport, What will the £3.5k be spent on, oris it just supporting you for a non specific period.
If you really want to make this happen, I think you need some assistance. Are there any local enterprise organisations, talk to the local chamber of comerce, they may have access to business mentors. Even your local authority may have some business development team. If you are under 25 then the Princes trust may be of use.
You keep refering to your own shortcomings, so you recognise these, now move beyond that and get some assistance to make your dream happen. Money especially a relatively small amount wont do this, especially with your aspirations to employ others. Premises, insurance (Especially product liabilty) PAYE , Telephones computers, pension schemes etc etc all cost. Thats why you need a proper business plan.
Sorry but its really not obvious, and thats what you have to be.
"Velo Advance is an innovative project that aims to make affordable, practical, up-to-date electric bikes (E-bikes) available to people in South East Wales and beyond."
Reading this seems to be suggesting eiter a shop selling bikes, or a project renting bikes out. But elesewhere you appear to be saying that you will be making bikes.
"There are other e-bikes on the market. However, these are aimed at the luxury and sports consumer, people who have easy access to other modes of transport and use their bikes mostly for fun and fitness. Velo Advance bikes can be used for these too, but they're primarily intended to be a practical and economical way of getting around a person's local area."
Actually most E bikes are not a luxury product and are made in low cost china, sone of the biggest costs the battery and the motor are unlikley to be made in Wales at a cost effective price.
But in all this you have not come clear with what Velo Advance bikes are?
Are they cheap, are they modified std bikes, are they alloy framed, what is the local content, what makes any bike that you may make better , (Usability, cost etc etc) than whats on offer at the moment. Are they heavy industrial grade delivery bikes.
What areas of research and develpment are you doing, is it understanding what people need for transport, What will the £3.5k be spent on, oris it just supporting you for a non specific period.
If you really want to make this happen, I think you need some assistance. Are there any local enterprise organisations, talk to the local chamber of comerce, they may have access to business mentors. Even your local authority may have some business development team. If you are under 25 then the Princes trust may be of use.
You keep refering to your own shortcomings, so you recognise these, now move beyond that and get some assistance to make your dream happen. Money especially a relatively small amount wont do this, especially with your aspirations to employ others. Premises, insurance (Especially product liabilty) PAYE , Telephones computers, pension schemes etc etc all cost. Thats why you need a proper business plan.
Re: Velo Advance Community E-bikes crowdfunding bid
"If you really want to make this happen, I think you need some assistance" - And I think you need to learn when you've gone too far with your 'advice'.
Re: Velo Advance Community E-bikes crowdfunding bid
No problem, I look forward to seeing what its all actually about.
Re: Velo Advance Community E-bikes crowdfunding bid
As you can see, the original poster has reported my questions as Spam and Bullying.
But still its not clear what he is trying to do.
If someone is looking to get funds for any business then you need to be able to explain what you are doing , provide a business plan, and answer questions. That means detail. I have no desire to rent out or even make e bikes in wales or anywhere else, the market is awash with cheap Chinese e bikes.
It really is unclear if he is just "making ebikes available" ie renting them out . Or building a new and innovative design of bike. If so what makes it innovative and special?
It is a shame for the original poster that others appear to be equally as reticent in investing as to date the crowdfunding has reached £105 of the £3500 asked for after 11 months. Perhaps others have similar questions to mine.
He states that he has had business advice, but still its really unclear from everything he has posted just what the business is. The crowdfunding is equally as unclear, again I tried to encourage him to expand this.
There is clearly a passion behind this and I hope he succeeds with whatever it is he is intending to do.
But still its not clear what he is trying to do.
If someone is looking to get funds for any business then you need to be able to explain what you are doing , provide a business plan, and answer questions. That means detail. I have no desire to rent out or even make e bikes in wales or anywhere else, the market is awash with cheap Chinese e bikes.
It really is unclear if he is just "making ebikes available" ie renting them out . Or building a new and innovative design of bike. If so what makes it innovative and special?
It is a shame for the original poster that others appear to be equally as reticent in investing as to date the crowdfunding has reached £105 of the £3500 asked for after 11 months. Perhaps others have similar questions to mine.
He states that he has had business advice, but still its really unclear from everything he has posted just what the business is. The crowdfunding is equally as unclear, again I tried to encourage him to expand this.
There is clearly a passion behind this and I hope he succeeds with whatever it is he is intending to do.
Re: Velo Advance Community E-bikes crowdfunding bid
*as admin* Tigerbay, I agree with Grumpy-B. Your original post does not state your business plan nor what you are actually trying to do. If you are asking for support or assistance from us then you need to tell us what your objective is. Grumpy-B has tried to give you guidance reasonably. Your response to that has been to tell him his advice is unwanted, and so he has respectfully withdrawn from the conversation. I am now closing your report on his comment. We really do wish you luck with your business venture.
Tim Crumpton
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