Got some ideas for starting my own business need advice.

VMAX  Forum

Help Support VMAX Forum:

This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Some free advice from a CPA...don't go too big initially. I often see small business owners fail because they try to do too much too soon. Most large successful companies started very small and for good reason...they could afford it. If you buy assets you want to ensure those assets are being utilized all the time. Try to match anticipated volume (customers) with capacity (both assets and labor). I'd rather see 1 bike on a lift and 3 stacked behind it than 3 lifts with 1 bike on it. This can easily be gauged by visiting local shops in the area. Remember, you can always expand when you have the funds.
 
Back
Top