Adam and Adam
in business
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Trent
graduates Adam and Adam set up a computer recycling business
soon after leaving university.
They pay their own wages and expect £45,000 each in
the first year of trading.
They are now looking to take on part-time staff.
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Degree: Adam
Harris - June 2001, Business & Technology
Degree: Adam Brodie - June 2001, Business & Technology
Job titles:
AH: Senior Partner
AB: Senior Partner
How
did you get started?
AH:
Adam had started the business, and I wasnt really sure what
I wanted to do, I started helping him out to earn a bit of extra
money at the weekends.
Before too long we realised that we both had something to offer
the business if we worked together full-time and so maximise our
time and energy into a profitable business.
AB: I
started off last October on a very small basis, mainly selling second
user components at computer fairs. Decided to expand the business
by moving into a business premise so that we could expand.
What does
your job typically involve?
AH:
There is no typical day, as there is always different things to
be getting on with. I deal with more of the administrative side
of the business, marketing, advertising etc, Adam has the brains
and I have the bull!
AB: Keeping
an eye on the market so as to see what is selling well at that time.
Dealing with stock in terms of testing and repair, basically making
goods ready to be sold. And obviously selling goods on to the public
and trade.
Any plans
to expand - plans for the future?
AH:
We are expanding all the time, we have to be careful that we dont
expand too quickly, we are currently looking for part-time staff
to help with the selling of products. With new legislation coming
in September as far as IT recycling goes, we have a number of projects
in the pipeline.
AB: We
have a number of ideas about the recycling of computers. One of
our ideas that we are preparing to implement at the moment is selling
budget second user computers and laptops to students when they begin
university in September.
Salary bracket?
AH:
All the profits of the Business belong to myself and Adam (not forgetting
the tax mans cut!) so the potential is enormous, this is a
huge incentive for us, but a great risk at the same time. We have
forecasted for about £45,000 each in our first year of trading.
AB: As we are registered as a partnership it means that we
basically earn whatever goes into our business account. We are only
taking a modest wage from it at the moment though as we want to
put as much money back into the business as possible.
Any advice
to Trent graduates?
AH: Enjoy your time as a student. It's soon over and you'll
be wishing you are one forever more.
AB: Yeah,
if youre a bloke, dont go to the library to do work.
Theres far too many young ladies in there to distract you.
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