Welsh broker Moorhouse is soon to launch its first business under Moorhouse Enterprise, set up to support the next generation of broker start-ups.
Subject to regulatory approval Mike Callard will lead Optin as director of the Taunton-based freight and haulage commercial broker as an appointed representative of the Moorhouse Group Ltd. The initial product range will include fleet, transit and property.
Moorhouse has facilitated the start up of Optin by providing a suitable software system, infrastructure and compliance support. Mike has also received one-to-one help, guidance and business advice from Moorhouse chairman Lyndon on all aspects of the project.
The shareholding split is Mike Callard 60%; Moorhouse 20% and Lyndon Wood 20%. Although the shareholding split and specific support were as stated in this case, under the Moorhouse Enterprise’s offering both are negotiable and completely flexible to assist individuals or teams as required.
Lyndon Wood said: “I really enjoy helping businesses generally so it has been great to see the first Moorhouse Enterprise project get off the ground. There are a lot of people who would like to start up their own business but are put off by the various hurdles to be overcome and the economic climate. But this shows that with the right support it can be done, in fact Moorhouse itself was launched in a recession 20 years ago. There are several other prospects in play for Moorhouse Enterprise which aims to help many realise their ambitions.”
