Entrepreneurs.... Big Business Decision.....
#12
Originally Posted by Gumball
Being where I work, I do know this... Hispanic/Mexicans familys are HUGE on sweet 16 b-day parties. I just seen one girls pics and they spend big bucks on them.
(not being hispanic) isnt there another biggy thing for the girls in the family?
(not being hispanic) isnt there another biggy thing for the girls in the family?
#13
Thread Starter
Senior Member
Certified GM nut
Joined: Mar 2007
Posts: 1,937
Likes: 0
From: Yuma, AZ.
Yes there is alot of Quinceañera'* here. Shadow I rather suffer now than later. Although I have a hefty 401k Plan for retirement that continues to take money from my paycheck :?. I am only 23 so I am still learning alot.
#14
Sounds like you've gotten plenty of words of encouragement; now for some sobering words of warning...
This limo business you're talking about seems 100% dependent on that one limo being up and going at all times.
As Henry Ford said, "you can put all your eggs in one basket...but watch that basket!"
If there'* enough business in town--and, more importantly, if there'* enough income in the business--that you could add to your fleet within a reasonable period--say, 4 to 5 years--I'd say it'* a good business. That would greatly reduce the risk of the business coming to a complete standstill due to one mechanical problem. But that first 4 or 5 years will be very risky indeed
This limo business you're talking about seems 100% dependent on that one limo being up and going at all times.
As Henry Ford said, "you can put all your eggs in one basket...but watch that basket!"
If there'* enough business in town--and, more importantly, if there'* enough income in the business--that you could add to your fleet within a reasonable period--say, 4 to 5 years--I'd say it'* a good business. That would greatly reduce the risk of the business coming to a complete standstill due to one mechanical problem. But that first 4 or 5 years will be very risky indeed