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Re: fixer up buisnes
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Posted by Dave from MN on May 03, 2007 at 13:42:33 from (67.133.91.236):
In Reply to: fixer up buisnes posted by james in mo on May 03, 2007 at 08:59:56:
Can you make money, sure. If you want a small business I would not recomend buying , fixing, and reselling. You'll never make a decent living at it. Get a education, make sure you get some Small business educationa also, if that is your passion. Larger newer equipment will get you the biggest bang for the buck, unless you have access to alot of very rare machinery. I thought about the same thing, but I have a good steady income coming in already, too many people trying to get into the same thing so older machinery is going high, which really will leave me no profits, so I am doing as a hobby. If you really want to fixing up, do it for others, they buy it, they bring it to you and they pay you alot of money to do something they cant. Then you do not have to worry about paying too much, not being able to sell what you have lots of $$ invested. You can set your prices compared to other s in the business, focus on quality, so word gets around that you are the guy to go to. Any way you look at it, you need an education for anything these days.
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