The Entrepreneurs Club - Business Opportunities

Gone For Good

£250,000

 

Gone for Good, a commercial, profit-focused business that encourages re-use and recycling by helping people donate unwanted goods to charity.

There are around 11,000 charity shops in the UK selling second hand goods. Between them they make 7 million collections of goods from people’s homes each year, using a mixture of own vehicles and “white van men” 

There’s around 30 billion pounds of unworn clothing in wardrobes across the UK.  And we spend nearly half a billion pounds a year on self-storage - mainly household items no longer needed.

But the charity collection services is problematic:-

•    Donors struggle to find charities that will collect 
•    And the ones that do collect are not professional. 

Gone for Good set out in 2016 to tackle the problem, by launching the Gone for Good app to connect donors of goods with charities that would collect their items for free. 

On many levels the App has been a huge success:

•    Over 60,000 app downloads
•    Over 20,000 donation offers
•    £1 million raised for good causes.

The app was recognised as being named one of “The Best of 2017” apps by Apple itself.


Building on the success of the App, Gone For Good plan to launch a pan-charity collection service, using their own vehicles, in towns and cities across the UK. 

By servicing multiple charities, they can maximise utilisation of the vehicles in a way charities can’t on their own.

Gone For Good will have a tech platform that will both allow “ DPD -level” service and tracking for donors, and further maximise efficiencies.


The service will be cheaper to charities – at just over £20 -  than they currently pay per collection. 

On-Van tablets and barcode label printers, coupled with “sign-on-glass” Gift Aiding, means much of the cost to charities will be offset by higher Gift Aid income. So, it will be an added incentive for charities, many of whom struggle with managing collections.

Gone For Good have  well-established relationships with Charities. Their partners have nearly 5,000 shops - over 40% of all the charity shops in the UK. Half of these don’t currently have collection capability - so the service is scaleable.

Gone For Good will launch in London where donations via the app are higher. The initial plan is start with up to 20 Vans, with 8 major charities (including Cancer Research UK, Barnardos, Shelter and the YMCA). That small presence alone should generate over £2m of sales annually.

There is scope for up to 500 vans nationally, which would give Gone For Good around a quarter of the market. With each Van forecast to generate c £25k of annual contribution, Profit potential is well over £10 million, off sales of £50m.

The team have many years of experience in logistics, sales and technology. The MD of the Van business is an ex-Army Major, with 20+ years of logistics experience. Gone For Good intend to staff the vans using ex-service men and women.


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Gone For Good are looking to raise £250k to fund the initial work and London roll-out. 

This an opportunity for investors to be involved with something that:-

•    Has the potential to be a household name, 
•    Can potentially raise up to £3m a week for good causes
•    Make a huge positive impact on encouraging re-use and re-cycling




 

Whichlawyer Ltd

£300,000

 
Introducing transparency into the legal market for legal firms, individual lawyers and their clients. By doing so, Whichlawyer would become the first legal comparison site containing a database of every law practice in the UK.


The UK legal market is worth £30 billion a year with an excess of 30 thousand law firms and 150 thousand solicitors. Whichlawyer want to democratise this market and allow everyone in the UK to find the perfect lawyer for their circumstances. 

Whichlawyer.com is the first and only comparison website with a database of every law firm and solicitor in the UK. Via reviews and ratings, we are bringing the legal sector into the 21st century.

The purpose of Whichlawyer is not to disrupt the market, as it works as much for the benefit of the clients as it does for the legal profession. The opportunities for the legal profession to advertise their services on the internet are costly, time consuming, and they can lack the necessary experience to do this effectively. Try making simple google searches in your own area for a solicitor. 

It’s just cluttered with ads! Are these solicitors good at what they do? Who knows! 

Whichlawyer provides a platform allowing firms of any size to be seen, no matter what their marketing budget. 

Whichlawyer forcast  10% of this market within 5 years. £300k investment is sought in the first round of capital funding for which in return Whichlawyer are offering a 3rd stake in the business.

The 300k will be used to employ 3 web developers, operating from a small office in Leeds, within a time frame of 6 months, to have a fully functional website, ready for stage 2 of capital investing. 

Whichlawyer is an on-line exchange that matches consumer and business legal requirements with law firms that fit their requirements in terms of skill, experience, spoken language, price, service levels and location.

Whichlawyer additionally offers an interface where users can relay their experiences with a law firm or individual lawyer or both.
Users are able to rate their experience, leave comments and a star score.



 

Veroccio

£500,000

 

The website building industy is more than a £100 billion industry.  This includes web builders and CMS (Content Management System) platforms.  The market size has been increasing steadily and is reaching the 23 Billionth website mark.  The CMS platforms (Wordpress, Drupal, Joomia etc) are mainly used by developers, designers and web agencies.  The web builders on the other hand are more DIY and commonly used by untrained users eg.  small business owners and designers.

Three directors established their branding and web development agency in 2011 under the name Veroccio.  Throughout many years of experience they now intend to convert all their knowledge from service into web products that will change the website market drastically.

The first product will be a unique web builder that helps create websites faster without additional external professionals.  The website will act as the business digital home for all communications with clients, employees and other businesses.  The next level products will expand the websites functionality with collaborations, advanced design and branding tools and 3rd party integrations.

USP’s
1.    Platform is fit for BIG DATA functionality.  
2.    Easy to replace a design completely for any site without having to rebuild the entire site.

Using today’s best technologies on the web, the product will be built with a unique content-based architecture unlike any other similar solution, enabling the accurate handling of big data.  This will give profound ability for creating many unique business collaborations and content manipulation.

Competitive landscape
The competition comes from four main players: SquareSpace, GoDaddy, Weebly and Wix.  

Investment
£500,000 initial seed capital to complete platform development.

 

 

 

North Leeds Life

£350,000 turnover with £83,000 projected profit this year

 

North Leeds Life magazine is the only dedicated monthly community lifestyle magazine serving affluent North Leeds.

•    Published monthly for 13 years

•    Over 100,000 readers per month

•    Delivered free to thousands of homes in desirable postcodes in North Leeds

•    Also distributed through Waitrose, Sainsburys, Tesco, ASDA and Morrisons supermarkets

•    Available at many local pick-up points including libraries, community centres, cafes, health clubs and shops


Income is generated through advertising.  

•    An average of 140 advertisers per month with 85% retention rate

•    15-20 advertising enquiries per month; over 75% converted


A truly local magazine with a strong arts and community focus.

•    Highly valued by readers, advertisers and community groups, reflected in the magazine strapline: ‘Connecting you to the community’

•    Welcomes community groups, schools & charities 

•    Regularly features local arts organisations including Leeds Playhouse, Opera North, Northern Ballet and Leeds Grand Theatre

•    Often approached by advertising & PR agencies in London, Manchester and through the UK -  and even from France & Spain

•    Website (www.northleedslife.co.uk) attracts 35,000 visitors per month; over 16,000 followers on Twitter


Profitable and debt-free with excellent expansion potential.

•    Owners wish to retire and sell the business as a going concern

•    Long-standing relationships with a network of community contacts and suppliers

•    £350,000 turnover with £83,000 projected profit this year

 

 


 


FOR FURTHER INFORMATION ABOUT ANY OF THE ABOVE OPPORTUNITIES CONTACT THE ENTREPRENEURS CLUB:

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Tel : 0113 288 6898 or 07791 848 386
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