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I worked for fourteen years at a family managed and family-owned business (27-years in the family) with both full-service car washes and self-service washes.
There is a STUPID amount of money in both but types of business but equally a bucket full of problems you don’t see from the outside or in the P/L accounting reports.
[Read more…] about The Unseen Challenges of Running a Car Wash Business
The siren song of instant riches is alluring, especially in the world of entrepreneurship. But there’s a hidden danger in building a business solely focused on making money. This approach, often dubbed the “get rich quick” mindset, creates a fundamental disconnect between you and your target market, ultimately hindering your long-term success.
[Read more…] about Focus on Solving People’s Problems When Starting a Business
How much does each machine make monthly? Gross vs net.
My numbers are going to be estimates, since I was dumb and didnt do much inventory management (each snack had a different profit margin)
Machines in my good locations (which weren’t great locations, just good ones) would gross about $300 and net about $240.
[Read more…] about Confessions of a Former Vending Machine Business Owner
This post is mostly for those who’re thinking about starting a landscaping business. If you have one, there may still be some values in it.
I started a landscaping business from 0 to 23k service appointments in 4 years.
Currently 19 years old, full-time college student studying Accounting. I started a knife sharpening service and make $50/hr
I run a knife sharpening service in my town out of my parents’ garage. I pick up kitchen knives for residential homes, sharpen them, and return them in under 2 hours. I’m not even trying to really scale up right now. I also run a (fairly successful) online ACT tutoring service and have been mowing a lot of lawns as well.
I started a mobile BRAKE mechanic business where I come to your home or office and fix your brakes on your vehicle. I operated for about 5 years and have been operating part/full time ever since.