What's The Worst Piece Of Business Advice You've Been Given?

Good morning!

It feels as though its been a while since I spoke to anybody on here - we've been super-busy responding to enquiries and building quotes for potential customers. 

Here's a conversation starter though - what's the worst piece of business-related advice you've ever been given?  Did you follow it? What happened?

 

Votes: 0
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Peter sellers replied to Ian Stanton's discussion lawn repair soil
"Ian, we have bought some utter crap over the last 40 years in the trade. The words " screened" and to " British Standard" are meaningless and appear to cover up screened demolition waste mixed with green waste or just green waste.
For the amount you…"
1 hour ago
David Benson replied to Peter sellers's discussion New for old insurance
"I forgot to add your premiums will go up as you have had a claim "
9 hours ago
David Benson replied to Peter sellers's discussion New for old insurance
"Peter, thats how it works with them and its on your purchace price not the current RRP and will want purchace receipt. as a exsample a £600 machine in 4 years time will be valued at £190 but the new price could have gon up £100 in the 4 years since…"
10 hours ago
John F replied to Ian Stanton's discussion lawn repair soil
"I tend to buy whatever top soil the local nursery has on offer usually in 25 litre bags , screened where possible and check it's not damp .
Store it in a dry place before use .
Have had the bulk bags where it's more viable to purchase in bulk but…"
15 hours ago
Marc Piechocki posted a discussion
21 hours ago
Ian Stanton posted a discussion
Hello, I have a approx 110 square meter shady lawn that I need to repair.  It was turfed two years ago, I think fairly badly, and doesn't seem to have been watered through the summer.It is patchy with 70% green, 30% dead.The client is only renting,…
22 hours ago
Peter sellers replied to Peter sellers's discussion New for old insurance
"Hiscox are market value  but thanks. It seems to me that with insurers its heads they win and tails you lose"
23 hours ago
John F replied to Peter sellers's discussion New for old insurance
"Have you tried Hiscox business insurance , not with them myself but they say rapid tool replacement to keep a business running in the event of a mishap . 
Bit of a minefield though when it comes to machine brand choice replacement , right tool for…"
23 hours ago
Peter sellers replied to Peter sellers's discussion New for old insurance
"Yes I wholly appreciate that, but with a car there are price guides eg cap or glass's to gauge a value . Not aware of any such guide for grounds kit. 
The issue I have is the insurer expects me to replicate our losses by sourcing used kit from…"
yesterday
Peter sellers replied to Peter sellers's discussion New for old insurance
"On that basis anything 4yrs old is worthless so is not worth insuring which is clearly not correct."
yesterday
David Benson replied to Peter sellers's discussion New for old insurance
"as a genral rule of thumb it will devalue at 25% each year. if you do manage to find one that do new for old your premiums are going to be sky high "
yesterday
Graham Taylor replied to Peter sellers's discussion New for old insurance
"market value sounds quite fair really.  If your car gets nicked, you won't get a brandnew one back!! 
 "
yesterday
Peter sellers posted a discussion
We are struggling to get new for old insurance for our equipment, all insurers we have tried are saying "market value" and expect us to get quotes from dealers for used equipment of comparable age and condition. This is going to be nigh on…
yesterday
Graham Mitchell posted a discussion
We have been looking to fill a number of positions within our company but struggling to find experienced staff for both the Gardening & Landscape sides of our business ! Has anyone else had issues and does anyone have any tips to snagging our…
yesterday
Graham Mitchell updated their profile photo
yesterday
Graham Mitchell updated their profile
yesterday
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lawn repair soil

Hello, I have a approx 110 square meter shady lawn that I need to repair.  It was turfed two years ago, I think fairly badly, and doesn't seem to have been watered through the summer.It is patchy with 70% green, 30% dead.The client is only renting,…

Read more…
2 Replies · Reply by Peter sellers 1 hour ago
Views: 56

New for old insurance

We are struggling to get new for old insurance for our equipment, all insurers we have tried are saying "market value" and expect us to get quotes from dealers for used equipment of comparable age and condition. This is going to be nigh on…

Read more…
8 Replies · Reply by David Benson 9 hours ago
Views: 66