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Ace Midnight
LSU Fan
Between sanity and madness
Member since Dec 2006
46752 posts

re: If you had $60k cash to start a business
Mobile school and youth sports uniform supply.


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RedStickBR
LSU Fan
Member since Sep 2009
10626 posts

re: If you had $60k cash to start a business
Something that leverages skills I have that I know a majority of other people in the area don't have.


Volvagia
LSU Fan
Baton Rouge
Member since Mar 2006
42356 posts

re: If you had $60k cash to start a business
The easiest one for that is "financial responsibility" and have a shop that enables self destructive behavior.



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SmackoverHawg
Arkansas Fan
Member since Oct 2011
17472 posts

re: If you had $60k cash to start a business
In my area, lawn care. Everyone is overpriced and does a shitty job. When I was is Jr High and Highschool, I made some serious cash cutting grass. I was cheaper and better. Coulda made more but I just had a push mower. Low overhead and I really enjoyed it.


jimbeam
USA Fan
University of LSU
Member since Oct 2011
40001 posts
 Online 

re: If you had $60k cash to start a business
quote:

In my area, lawn care
: kige :

quote:

Low overhead and I really enjoyed it.
only problem, is now you have bills like the rest of the big boys. When I was in high school, I made GOOD money, for a high schooler.


foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
33602 posts

re: If you had $60k cash to start a business
Definitely a new airplane manufacturer since Boeings are going up in flames. 60k ought to do it.


SmackoverHawg
Arkansas Fan
Member since Oct 2011
17472 posts

re: If you had $60k cash to start a business
The guy that used to do mine was making over a 100k/yr. Took him a few yrs and had a crew working for him. He did year round maintenance and made sure it was done right. Since he sold his business, the new guy charges more and does a shitty job. Hell, they trimmed some artificial shrubs the wife had on our front porch.


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TyOconner
Troy Fan
NOLA
Member since Nov 2009
10283 posts

re: If you had $60k cash to start a business
quote:

60k ought to do it


He'll be the proud new owner of a cockpit toggle switch.


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SmackoverHawg
Arkansas Fan
Member since Oct 2011
17472 posts

re: If you had $60k cash to start a business
quote:

only problem, is now you have bills like the rest of the big boys. When I was in high school, I made GOOD money, for a high schooler.

FYI. I was making 1500k wk then (1986-94). Granted that's not yr round work, but then you got leaves etc. I also put in food plots and bush hogged for some deer camps. Rich guys pay well not to have to do this shite. I know I would now if I didn't have all the shite and my FIL and nephew to do it. I think someone could make a helluva living doing camp work, bush hogging, food plots, keeping feed out, predator control etc.


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SmackoverHawg
Arkansas Fan
Member since Oct 2011
17472 posts

re: If you had $60k cash to start a business
quote:

What business would you start?

What kinda income you looking to make?


eng08
LSU Fan
Member since Jan 2013
2727 posts

re: If you had $60k cash to start a business
Here's an article in today's BR Paper on a lawn business.

LINK


jimbeam
USA Fan
University of LSU
Member since Oct 2011
40001 posts
 Online 

re: If you had $60k cash to start a business
I just think that the market is way too saturated. I'd take whatever knowledge I had about a certain area and find a way to let people pay for it.


I Love Bama
Alabama Fan
Alabama
Member since Nov 2007
34716 posts

re: If you had $60k cash to start a business
If anyone has any knowledge on starting a payday loan business I would really like to talk to you.

<---------------1@gmail


eng08
LSU Fan
Member since Jan 2013
2727 posts

re: If you had $60k cash to start a business
Bama how's that ice machine business going for you?
This post was edited on 7/14 at 3:33 pm


Overbrook
Tulane Fan
Member since May 2013
3517 posts

re: If you had $60k cash to start a business
quote:

one of my employees showed me a ticket for a $60 loan at 20%/week.....charge 15% you'll still profit...


15% a week is the rate for pawn loan? I thought it was 15% for the 3 month period.
Do you sell much stuff or does it just get stacked up.
Payday loan operations just print money, but that's a tough way to earn. I know they serve a purpose, but people get addicted to them. Pawn loans are a great service, imo.
This post was edited on 7/14 at 2:14 pm


ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: If you had $60k cash to start a business
I pulled up the photo of the ticket on my phone it says

Amount financed - $60
Finance Charge - $12
Total of Payments - $72
Annual Percentage Rate - 240%

I guess it's by the month not week....

This post was edited on 7/14 at 2:17 pm


Meauxjeaux
Memphis Fan
90248 posts including my alters
Member since Jun 2005
20743 posts

re: If you had $60k cash to start a business
Do you have good credit?

$60k and good credit and I'd look at rehabbing starter level homes.

Buy the home, $60k is alot of money to update/remodel it. Sell it.

You could make $30k on that $60k money within a few months.

I'm looking forward to doing that someday myself.


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Meauxjeaux
Memphis Fan
90248 posts including my alters
Member since Jun 2005
20743 posts

re: If you had $60k cash to start a business
Big Fella - email me on the car thing. Got a question about salvage titles. Thanks.

genejr at bayou d0t net


whodatigahbait
LSU Fan
Uptown
Member since Oct 2007
1433 posts

re: If you had $60k cash to start a business
Cab company in B R.


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Fat Bastard
LA-Lafayette Fan
Paradise
Member since Mar 2009
20611 posts

re: If you had $60k cash to start a business
quote:

What business would you start?


invest in fabricating submarines/semi submersibles the colombians use on the west coast to smuggle cocaine to other countries.
This post was edited on 7/14 at 3:32 pm


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