Cleanworks
Moderator
Scott already did.So..............can anybody answer his actual question?
Scott already did.So..............can anybody answer his actual question?
I thought there might be some input by people who did it adding some of the details Scott mentionedScott already did.
Well, you know what thought did.I thought there might be some input by people who did it adding some of the details Scott mentioned
no........but I was hoping......being the guy that has to promote this forum as being professional and chock-full of industry geniuses............Really?
That’s what I looking for. I’ll just try what I mentioned above. If it works great. If not, I’ll still sleep good at night.I thought there might be some input by people who did it adding some of the details Scott mentioned
I have no idea what's deductible or what but if the guy was a creditable carpet cleaner and his customers liked him, chances are his customers will give you first kick at the can. His customer list can be a gold mine. I would send out a mailer to all customers explaining what has happened and who you are and I bet you will get a flood of work. If they like you as much as the last guy, you're golden. Half of the customers won't even remember who he was or care. After 30 years, I still have customers calling me Ray. The name of the prior owner.That’s what I looking for. I’ll just try what I mentioned above. If it works great. If not, I’ll still sleep good at night.
Yeah I missed that sorry.the question is about taxes Steve........and may hep someone here in the future
I think he gets that some of you view buying customer list as bad ........and that getting first dibs on commercial accounts that will not have a cleaner, a possibly well ranking site, and that guys repeats for $6.50 would be stupid
So..............can anybody answer his actual question?
You need to learn how to vacuumI come here to lern
In this case you're not buying any tangible assets, so account for it just like you would any other lead fee you pay.So... I am going to offer a 10% six month commission on the commercial accounts. I have no interest in the residential clients. They will call whoever they want. Maybe me?
Maybe not?
In this case you're not buying any tangible assets, so account for it just like you would any other lead fee you pay.
I think only a really desperate person would take this offer though, as taking it would mean they know their business isn't worth anything. Good luck!
Then in THAT scenario.......that wouldA local competitor that is similar in size and gross income has offered to sell their website, phone number, repeat customer list. Residential and Commercial repeat customers.
Company that is wanting to sell is moving family three States away and are taking equipment with them.
My concern is not with customer retention or handling volume. My question how is buying what’s mentioned above a deductible exspense?
Do you think their business would still be open if they weren’t ladders?So the company that wanted me to buy their customer list eventually closed up shop and moved out of town. They were unable to talk anyone into buying their list. Come to find out they have been referring several customers to me. Which is great. What is better, is that I have figured out that they were padders. Needless to say, impressing their old customers has not been too difficult.
I’m maxed out anyway. Much more I’ll have to put another truck on the road. I don’t want to cross that bridge yet.Buying a customer list can be very profitable sometimes as long as you don't pay too much. It's a shame to see it go to waste.
If you want, wait for their old phone number to become available and have it point to your main number. It can be a cheap way to pick up some of their old customers.So the company that wanted me to buy their customer list eventually closed up shop and moved out of town. They were unable to talk anyone into buying their list. Come to find out they have been referring several customers to me. Which is great. What is better, is that I have figured out that they were padders. Needless to say, impressing their old customers has not been too difficult.
Nice!!If you want, wait for their old phone number to become available and have it point to your main number. It can be a cheap way to pick up some of their old customers.