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re: If you had $60k cash to start a business
Posted on 7/14/13 at 10:46 pm to ThaBigFella
Posted on 7/14/13 at 10:46 pm to ThaBigFella
Very interesting. He says he shows 1.2 mil on his taxes. I can't get a solid number on what he puts in his pocket. This is why i am looking around
This post was edited on 7/14/13 at 10:48 pm
1
Posted on 7/14/13 at 10:54 pm to offshoretrash
That's also why stores are hard to finance.....the asking prices are high and the books show low profits....there's too much cash involved, only the owner knows what it really makes. 10-20% of sales will be cash and what's reported really is up to the owner....
This post was edited on 7/14/13 at 10:55 pm
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