Quote from nutmeg:
Currently a slight problem in this dept. Most start ups fund with home equity and/or CC cards. Tough situation for obvious reasons.
Quote from the1:
No doubt. If you are in that category you'd better learn entrepreneurship. Sooooo many people are sitting around waiting for the phone to ring with an offer of a job. Shit, get out there and create your own job. Develop a product or service and toss a price tag on it. Start as a Schedule C reporter and if you're successful Incorporate and grow. There's plenty of money to be made out there for the creative and willing.
Quote from hippie:
Not only that, many business take some years before bring in a livelihood - most fail within 18 months. If you do not have the starting capital and a couple of years of living expense, forget it.
1) That's a deceptive statement. A franchise can remain in business but its ownership can turnover.Quote from drcha:
----Most franchises succeed.
Quote from nazzdack:
1) That's a deceptive statement. A franchise can remain in business but its ownership can turnover.
2) The franchisor will tell you that the franchise is 100% successful because of that.
3) The real fact of the matter is that the failure rate is "high", ~100%, if you focus on the franchisee. :eek:![]()
bottom line get into dry clean or car wash the rest dont make any money. Note; Lenny âNailsâ Dykstra started a successful car wash business.Quote from TGregg:
Speaking of franchises, does anybody know where to see Behind the Counter that was on CNBC over Christmas? Doesn't seem to be on Usenet, Youtube, Hulu or the CNBC site.