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an offer was made to purchase my shell business and make me the RME

Does anyone know what a typical RME salary is?
 

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Well it is a shell business.....

so how about 3 pukka shells......

or.....:whistling:whistling






















tree fiddy cash.....:whistling:laughing::laughing:
 

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I'm a Mac
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Why do you one post wonders come on here looking for the answers that don't exist?

I'll give you hint, RME - Responsible Managing Employee, First word, Responsible - if these guys you RME for **** up, guess who's responsible?

My answer - You can't afford me if I am the responsible one
 

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Don't blame me if this doesn't work - it's just what I've been told:

R = target revenues, in $1Ks.
A = Risk Aversion Ratio, your highest percentage risk that you will accept for the loss of your personal assets.
K = Estimated risk that your personal assets will be lost.
T = Contract length
E = Estimated discount rate for your investments during the contract term.

Approximate target salary in dollars = (SQRT(R^2*A^2))^2 * e^(LN(K*T/E))/(((R/E)*(R/(1/A))*A)/(1/(K*T))/3.5)
 

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You are willing to sell a business yet you don't know what your time is worth?

The company buying your business needs to figure out the total cost including you, that's really what they are buying.
 

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Don't blame me if this doesn't work - it's just what I've been told:

R = target revenues, in $1Ks.
A = Risk Aversion Ratio, your highest percentage risk that you will accept for the loss of your personal assets.
K = Estimated risk that your personal assets will be lost.
T = Contract length
E = Estimated discount rate for your investments during the contract term.

Approximate target salary in dollars = (SQRT(R^2*A^2))^2 * e^(LN(K*T/E))/(((R/E)*(R/(1/A))*A)/(1/(K*T))/3.5)
Soooooo... A whole [email protected] ton of money? :laughing:
 

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BusinessValuationTalk.com?

I wondered if anyone plugged any numbers into that formula. Straight from the mathematician's mouth for anyone doing so: e (small e) is the base of the natural logarithms.
I was going to try, but I got lost after about four calculations and gave up.

:wallbash:
 
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