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Old 09-29-2006, 12:17 PM   #21
Desert_Seg

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Join Date: Apr 2005
Location: Dubai, United Arab Emirates.
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Tom,

In many countries, including in the US, the importer of a product assumes a liability risk just for having brought the product in. It is not uncommon for distributors (aka importer) to allow their dealers to be on their general import for resale coverage.

Nickyboy may (I don't know insurance regs in the UK) only have to get a rider (add on coverage) to cover the rental portion.

Even more important is that he get a great liability statement for the riders to sign!

Steven
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Old 09-30-2006, 01:28 AM   #22
Jet
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Segway Tours of San Antonio just posted recently saying thanks and 2700 tours in 18 months.... so

2700 x $60 = $160K = $100K/pa
-
Cost of machines - say 10 machines pa x $5K = $50K


$50K -
Insurance
Rent
Phones/Computers
Lawyer
Accountant
Hired Help

Good luck - and I really mean it. It's tough.
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