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Old 01-06-2006, 02:36 PM  
Sly
Let's do some business!
 
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Join Date: Sep 2004
Location: Austin, TX
Posts: 31,353
Quote:
Originally Posted by hershie
Well the two things that stood out most were a) no need to be involved in day-to-day stuff, b) 10K net.
I always find it entertaining when people say "I'll open up a shop and have someone else run it while I do nothing but collect the checks." Ha!

Yes, it is possible, but there are several key ingredients you need that are pretty rare. The main ingredient being: someone to run it! Where do people think they're going to find somebody that will pour their soul into a company they don't own? Nobody is going to do that. Now if you were to offer the right person a chunk of the profits you may find some good results, only problem is it would cut into your income. I think its a pretty fair trade though. Setup enough locations with enough of the right people and you just may be on to something.

Its everything BUT easy though.
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