Business Owners - What type of business do you have?

bigtendominator · Aug 21, 2013

I am looking to invest or open up a new business. I have been looking at some franchise opportunities. Was wondering your thoughts on franchises and what types of business you all have. Single in my late 30s and willing to move any where on the globe for the right opportunity.

milwaukeemike · Aug 21, 2013

cpa firm here

what you want is a business with LOW cost of sales, something where you are essentially selling your time. plumber, accountant, tech guy, etc

buying a franchise is usually a good way to work a lot and make a little, and one bad year is all it takes to bury you

Betallsports · Aug 21, 2013

Have looked at franchises for years. The only type that I like out of all of them is the Snack ones. Routes...
because they are cheaper than a store, ie, subway, 7/11, etc...

have owned a few businesses in my lifetime. Own a few web sites, and earn extra money with them.
one supports me and my family..

Defying · Aug 21, 2013

bigtendominator said:
I willing to move any where on the globe for the right opportunity.

Location is everything... that's quite a task you have ahead of yourself if your willing to go to basically anyway to open anything...

Your first option should be to commit or eliminate food, as that's the biggest and most obvious

good luck

SoCal · Aug 21, 2013

I was a partner in a financing group for prospective small business owners. We had approved lenders with very high interest rates willing to help small businesses get off the ground when they had no other options. We started our group just before the economy crash and ... we crashed along with it unfortunatly. But I worked with a ton of clients who needed financing for restaurants. The lenders were very strict with wannabe restaurant owners. Business plans had to be air tight. Restaurants fail more than any other business by far. Stay away from that notion. And stay away from creative financing groups if you have ESP and you know the economy is about to crash ##)

aceduecetrey · Aug 21, 2013

I have owned a bar and it was not the right fit for me. Made good money, but definitely took 10 years off my life. Also owned a car wash and a lawn service. Presently own a direct sales cookware distributorship. Doing pretty good presently, but need to take it up a notch and trying some new things and seems like I am spinning my wheels a bit right now.

SoCal · Aug 21, 2013

aceduecetrey said:
I have owned a bar and it was not the right fit for me. Made good money, but definitely took 10 years off my life. Also owned a car wash and a lawn service. Presently own a direct sales cookware distributorship. Doing pretty good presently, but need to take it up a notch and trying some new things and seems like I am spinning my wheels a bit right now.

I have always wanted to own a car wash. The kind with 4 to 6 bays.. 7 minutes for 5 bucks and a dial to choose foam brush, etc... Seems like these are busy all day long. If you can get a good spot in a growing community.. seems like a winner. I need to research it more.

CHOPTALK · Aug 21, 2013

I wanted to start a carwash 2 or 3 years ago and almost did.
Started a thread about it.
But the kind I wanted to open cost over 2 million.
Was not willing to stress myself out like that.

Especially after hearing some of the scary stories people like ACEDUECETREY told me.

bigtendominator · Aug 21, 2013

aceduecetrey said:
I have owned a bar and it was not the right fit for me. Made good money, but definitely took 10 years off my life. Also owned a car wash and a lawn service. Presently own a direct sales cookware distributorship. Doing pretty good presently, but need to take it up a notch and trying some new things and seems like I am spinning my wheels a bit right now.

check your pm

NickPappagiorgio · Aug 21, 2013

Just started my own recruiting firm

bigtendominator · Aug 21, 2013

NickPappagiorgio said:
Just started my own recruiting firm

what type of recruiting do you do?

NickPappagiorgio · Aug 21, 2013

bigtendominator said:
what type of recruiting do you do?

Sales and IT. At the moment, I am only doing permanent placement as I am not set up to do consulting/contract positions.

bigtendominator · Aug 21, 2013

NickPappagiorgio said:
Sales and IT. At the moment, I am only doing permanent placement as I am not set up to do consulting/contract positions.

Please check your PM.

mplastered · Aug 21, 2013

Own a small interior construction company. I am mostly a plastering sub, but will do most anything small. Currently redoing a small bathroom in the evening after work.

awmllc2000 · Aug 21, 2013

I am a reo broker. Not something you can jump into though. It takes years of building the right relationships.

aceduecetrey · Aug 22, 2013

SoCal said:
I have always wanted to own a car wash. The kind with 4 to 6 bays.. 7 minutes for 5 bucks and a dial to choose foam brush, etc... Seems like these are busy all day long. If you can get a good spot in a growing community.. seems like a winner. I need to research it more.

They are a nice cash flow business, but I would not recommend it to someone like myself who does not know how to fix shit as everything breaks on a regular basis. Also be prepared to become very jaded against your fellow humans as they have no respect for other peoples property!

Mr_Mark · Aug 22, 2013

Professional Cuddler

Betallsports · Aug 22, 2013

CHOPTALK said:
I wanted to start a carwash 2 or 3 years ago and almost did.
Started a thread about it.
But the kind I wanted to open cost over 2 million.
Was not willing to stress myself out like that.

Especially after hearing some of the scary stories people like ACEDUECETREY told me.

Me Too. I was All High and Mighty about 10 years ago, then got hit with a $1 Million price tag... and I was like WTF ?? For What ?
The water Recycling system .. The Equipment... etc.. I couldn't believe the prices they were throwing me.

well that brought my High and Mighty Right the Fuk down !

treece · Aug 22, 2013

most businesses fail.

milwaukeemike · Aug 22, 2013

Mr_Mark said:
Professional Cuddler

i would much rather go with the "double cuddle"
although her friend isn't very attractive to me...

THE DOUBLE CUDDLE:
The Double Cuddle allows clients to cuddle with two Cuddlers concurrently.

45 minute session: $100
60 minute session: $120
90 minute session: $180

Business Owners - What type of business do you have?

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