Imagine if a Jet Turbine Engine could go on indefinatelty and only cost as much as it needs for maintenance and replacement parts. An aircraft would be limited only by the pilots fatigue. I have such a design and envision it on every future aircra 
What is your business, service, product, etc? - A jet engine that requires no external fuel input beyond the initial electrical start.
How long has your company been established? - It is a new company.
What expertise or experience do you have in this field? - I have a good understanding of how appliances work and could describe in detail how any engine works plus the principle behind the said engine.
What are your strengths? - I am dedicated to getting this design off the ground, so to speak, and am very confident in my own abilities to understand the workings of any appliance.
Who is in the team? - I am on my own.
What is the state of the market? - The market for such an engine is ready to be blown wide open with the right product. Couple that with the current recession that is affecting every one to some degree or other. The market is very fertile for any money saving product.
What is the competition? - The competition consists of the big engine companies like Roles Royce, British Aerospace, and a few others.
Do you have any figures (financial history or forecasts)? - As this is a new company I have no history of trading.
What are your short and long term goals? - To make as much money as I possibly can and to transform the current aviation propulsion industry to a more green friendly industry.
What is the investment going to be spent on? - Producing a working prototype in order to acquire the sales and to set up a factory to produce the engines.
What are you offering the investor in return for the investment? - An equal share of 59% of the total business income and/or profits.
What is the expected return on investment or breakeven period? - The expected return would be in the sum of billions. The break even period would be between three to six months on a good forecast and between 18 to 24 months on a bad forecast.
So, would you invest?
Some people in business are simply mad fools.
Today we received a letter from a potential NHS hospital client that we had been unsuccessful in our tender to design and manage the refurbishment of a ward. Now, understanding that work was thin on the ground we decided to go in, as we called it, “very tight”.
But we were soundly beaten to the contract by a firm that bid close to 25% less than us. Now we run a tight ship and our fee bid was, we thought, very very competitive even in today’s market. So I ask myself – should we have discounted heavily to ensure that we won the contract?
Well, if we had done, that is taking 25% off of our fee bid, I would be entering a contract where I knew we would be making a loss.
More and more I hear of people loosing tenders to companies that seem to have submitted bids that are economic suicide. This is not good for anyone and certainly not the client. In our work we manage tenders for construction projects of all shapes and sizes but we know that each job “has a price”. That is a price where the supplier can actually afford to supply the service, produce the deliverables and keep to the required quality and specification. Employing someone who you know will loose money can result in only one result – poor quality work that will cause additional costs as sure as eggs are eggs!
Well it was a packed evening for the Leisure Property Forum's early evening seminar on "How robust is the hotel industry?" A packed audience of about 60 leisure professional gathered at the wonderful offices of Lawrence Graham LLP on the banks of the Thames with it's great views of the Tower of London.
In these days of business and economic ups and downs we are all advised to talk to the experts for guidance. With this in mind we should all look to the FT on Tuesday 26th May 2009 for their predictions...
As we see the start of summer, the Saturn Group is expanding, so we can offer the full range of services that our clients keep asking for.
This is The Saturn Blog where you will be able to find out our latest news, hear about some of our current projects, and also read our take on what is making the headlines.
