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Old 09-12-2013, 09:29 AM
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snomaha snomaha is offline
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Join Date: Jan 2004
Location: midwest
Posts: 517
Quote:
Originally Posted by djagusch View Post
I think this post is a eye opener. I would want the 15% of 3mil. Why? Its sustainable without myself in the field daily. It would have staff so everything gets done if I'm gone for a week. You become a manager compared to the worker.

The 60% of $100k is a solo set up, maybe with a trim boy. The 15% of 3mil is a biz.

if the solo guy paid himself a wage of $40k a year. The profit is 20%. Take the biz out of his house and to small shop the profit would be lower then the 3 mil company.
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You win the grand prize - .

The guy with the 3 million dollar company is probably paying himself a wage of 100k or more in addition to the $450k net.
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