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  1. #1
    BROGUNHIL is offline Junior Member
    Join Date
    Nov 2007
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    2

    Which business should I choose?

    Hello, all


    I have been in business for a long time, and each business has not had the growth which I would like, due to lack of funding, I have always worked a full time job, so these business have always been part-time. Now my fulltime job is gone and I'm left with a meat business which pays 8 to 1 so for every $1.00 I spend I make $8.00 I'm also a licensed pest control operator, so I am also thinking pest control,Ii have 17 years experience, then there is the travel business where I sell certificates and vacation packages, it can be successful, so the problem is capitol (investors), I have a strong sells back ground and I am wonderful with people. I have sold over $200,000.00 in meat in a year. Should I be looking for a new job. There is no unemployment. Or should I be looking for investors
    Last edited by BROGUNHIL; 11-26-2007 at 04:57 PM.

  2. #2
    ltressel is offline YE Veteran
    Join Date
    May 2007
    Location
    LA
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    528
    Brogunhil,

    I think that your meat business is a good business if you had made $200,000 (gross assuming) in a year. Unemployment and lack of funding should be scratched off the equation.

    Here's what you can do:

    Armed with supporting documents (receipts and orders/ or letter of intents) current invoice and receipts. I would convince your meat suppliers to give you a net 30 or 60 for your invoices. This way you can get your meat to supply to your customers and you can get paid plus cover your costs.

    Build your supply lists also-being a good sales man you shouldn't have any problems in the business development area.

    good luck,

    LT

  3. #3
    AstarothSolutions's Avatar
    AstarothSolutions is offline Junior Member
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    Apr 2007
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    London
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    If you have sold $200,000 and by your figures therefore only cost you $25,000 and so made a $175,000 profit it seems clear cut that you have an exceptional business there.

    The work that you need to do now is to analyse what has been the block to prevent you break the $200k barrier? What do you need to do to break through it and what will this do to your running costs?
    Astaroth Solutions - Bespoke web development

  4. #4
    artistport's Avatar
    artistport is offline Member
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    May 2007
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    Calera, Al
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    55
    Keep working with what you have and dont give up, search for investors

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