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Originally Posted by Sly
Don't forget you'll probably have to upgrade the electric system. That can be expensive but I'm sure your $50k will cover it. You'll probably make your money selling things through the vending machine, detergent and such.
Oh, don't fuck the IRS. It isn't worth the risk. They can and will make your life a living hell.
Oh, and I wouldn't start a business for a "friend". Its trouble waiting to happen, unless you're prepared to take over operations.
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i'm prepared to gift the money to help em out and if it got tossed on me i would hang the closed sign and sell the equipment off. and i've been audited before with no problems, a compentent CPA will let you know what you can and can't do.