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Started By
Message
How much cash on hand to start this business
Posted on 7/7/18 at 3:19 pm
Posted on 7/7/18 at 3:19 pm
Land- 100k
Building- 250k
Equipment- 40k
1st year payroll- 100k
Inventory- 200k per 20 day turn
What’s an expected amount of cash needed for the first year to start this business MB?
Building- 250k
Equipment- 40k
1st year payroll- 100k
Inventory- 200k per 20 day turn
What’s an expected amount of cash needed for the first year to start this business MB?
12
Posted on 7/7/18 at 3:19 pm to Retrograde
288
Posted on 7/7/18 at 3:20 pm to Retrograde
$350k
Duh
Duh
Posted on 7/7/18 at 3:20 pm to Retrograde
quote:
What’s an expected amount of cash needed for the first year to start this business MB?
quote:
O-T Lounge
Posted on 7/7/18 at 3:20 pm to Retrograde
$3,500,000
Posted on 7/7/18 at 3:20 pm to Retrograde
900,000
Posted on 7/7/18 at 3:24 pm to deeprig9
Whoops money board
Posted on 7/7/18 at 3:26 pm to Retrograde
Maybe if you can't get posting on the money board vs. the OT straight, sinking your cash into a startup just isn't for you.
Posted on 7/7/18 at 3:26 pm to Retrograde
bout tree fitty
Posted on 7/7/18 at 3:36 pm to Retrograde
Knowing what type of business would be a start.
Posted on 7/7/18 at 3:36 pm to Retrograde
Is your inventory perishable?
Can you sit some of your inventory on the shelf on a “consignment” basis?
Do your customers pay at the point of sale or is there a lengthy po and invoicing process that requires you to float cash?
Can you sit some of your inventory on the shelf on a “consignment” basis?
Do your customers pay at the point of sale or is there a lengthy po and invoicing process that requires you to float cash?
Posted on 7/7/18 at 3:40 pm to VABuckeye
quote:fricking this
Knowing what type of business would be a start.
such a broad question. I just assumed it was a pickled pig foot business. 
Posted on 7/7/18 at 3:49 pm to Retrograde
700k
Posted on 7/7/18 at 4:03 pm to TheMailman
If you are on this board asking this question, I don’t see it happening.
Posted on 7/7/18 at 4:10 pm to Retrograde
For a reasonable fee I can give you an in depth break down or what you’re looking for.
Posted on 7/7/18 at 4:19 pm to whit
Half of the business would be a wrecker service, and I would wholesale cars using the dealer license, mechanics and wreckers. Already have the wreckers, lifts and TDLR license. Mechanic and wrecker driver works on the auction cars in their downtime.
Posted on 7/7/18 at 6:35 pm to Retrograde
Do you have any goons on the payroll?? The wrecker business is shady af
Posted on 7/7/18 at 8:04 pm to deeprig9
$785,000
Posted on 7/7/18 at 8:08 pm to Paul Allen
If I learned anything from Shark Tank, you value your bisness 4x the cash flow?
Posted on 7/8/18 at 7:20 pm to Retrograde
690k
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