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bhutocracy · 02-23-2004, 02:33 AM

Hi mate, I wanted to start this month, but i've put it off for a couple of months depending on one or two other biz investments, there were one or two things that were "surer" things and required less investment and time to try first, but it's definately still on the cards - it's been a bit of a thing of mine to own and run one, I just really need to make sure it's profitable enough to be able to pay an employee run it and still make a couple of hundred bucks a week. I know I can make money running it myself but there are far better uses for my time, and with the outlay required i don't want to get stuck running it 80% of the time for 3 years while it pays off equipment loans.

The other thing was I need to run it 5pm onwards as the council wanted to hit me up for 10k ea for parking spaces for the extra load it would put on the cbd's parking. Those aren't hours i want to babysit it during the early stages of getting it profitable depending on how long that would take.

So I need to see what these other investments do and whether it frees up more cash to put in so I don't have to worry so much about being totally hands on, I want to be able to throw 10k at it set it up and have it almost run itself - ie requiring no more than about 5-7 hours of my time a week.

02-23-2004, 02:33 AM
bhutocracy Not making A Comeback Industry Role: Join Date: Dec 2001 Posts: 10,218	Hi mate, I wanted to start this month, but i've put it off for a couple of months depending on one or two other biz investments, there were one or two things that were "surer" things and required less investment and time to try first, but it's definately still on the cards - it's been a bit of a thing of mine to own and run one, I just really need to make sure it's profitable enough to be able to pay an employee run it and still make a couple of hundred bucks a week. I know I can make money running it myself but there are far better uses for my time, and with the outlay required i don't want to get stuck running it 80% of the time for 3 years while it pays off equipment loans. The other thing was I need to run it 5pm onwards as the council wanted to hit me up for 10k ea for parking spaces for the extra load it would put on the cbd's parking. Those aren't hours i want to babysit it during the early stages of getting it profitable depending on how long that would take. So I need to see what these other investments do and whether it frees up more cash to put in so I don't have to worry so much about being totally hands on, I want to be able to throw 10k at it set it up and have it almost run itself - ie requiring no more than about 5-7 hours of my time a week.