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Wood Craftsman
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7,324 Posts
Think about it....


We don't all have the same "cookie cutter " way of doing things-

We know absolutely nothing about you,..Zip....


You keep talking about credit cards .........obviously you don't have capital.....


Some run their business on credit, some don't........

So- can you understand why "the question " is not going to get a "winning answer"......


That is something your going to have to evaluate on your own.....personally, just on the information you gave,,,,,

Credit may be A VERY bad idea...:rolleyes:

Capital is what I believe in.....


But...


That's me....;)


Best of luck, sorry about my smart ass comments......just my nature ...


All in good fun....;)
 

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Wood Craftsman
Joined
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7,324 Posts
You'll be out of business next year. He needs to start job searching.

I've seen so many people do this and it ends up the same way. They run the ragged edge and forget that life happens, then when the sales tax and income tax man hit them with a monster bill and they owe estimated taxes now as well and have to start doing monthly payments on some of these, they just fold up. They forgot to save 40% for the tax man.

You need a war chest in your bank account big enough to cover your expenses for at least a couple of months and a major tax hit. How much that is depends on your business. It sounds to me that is probably on the order of $50k for you.

At least half of your profit should stay in the bank until you have a good war chest.


In a perfect world.....:rolleyes:


Why is it everyone wants to stamp an answer......:blink:


There is none........:blink:


What I DONT like the way the question was worded is....

The important aspect of our business is our clients.....


Where do you fall.....A - all the way down to fill in the blank, pick your letter......:laughing:


We live a roller coaster ride.......and there are so many factors that go into the ride.........


Most important (IMO),.....Who are your clients.... :blink:



If your not charging "what your goal is",.....constantly,,,,all your worried about is keeping the Schedual full....so....
Maybe,...move up a notch.......test the waters.....:blink:

There are so many variables.......:rolleyes:



That's why I say forget answering this thread....


There is no "logical" answer.....



JMPOV,....
 

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Wood Craftsman
Joined
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7,324 Posts
My solution to this troll....


Max out your credit, have a fling with your accountant....enjoy life.....





:rolleyes:




Trolls....


" someone on the internet told me to do this"......


:rolleyes:



Some people ....:rolleyes:,...
 
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