Business Overview

Name of Business: (Mikes Bikes)

Nature of Business: Buying and selling motorsport vehicles.

Operational Period: Started in 2005 and I continue looking for opportunities to resell.

Location: Gander, NL

Key Responsibilities:

• Sourcing motorsport vehicles out of season.

• Assessing the condition and value of each vehicle.

• Strategically timing the sale of vehicles to maximize profit (selling in spring when prices are higher).

Achievements and Milestones

• Successfully capitalized on seasonal price variations to generate

  profit.

• The profit average per vehicle was $500-$1500.

Skills Developed:

• Market analysis to understand pricing trends.

• Negotiation skills with buyers and sellers.

Solutions and Learnings:

• Developed a keen insight into the seasonal dynamics of the

  motorsport vehicle market.

• Enhanced ability to manage business risks and make informed decisions.

MOTORSPORTS