Shane
October 12, 2007, 01:27 PM
Thanks, Rob. You got me thinking.
In fact, I'd go a 30% or 40% return. As long as the numbers work.
You see, during the first year I have to pay commissions, pay for the printing, and purchase the displays. But for the following years, for each advertiser that resigns (and on a payment program, most would) there is very little expenditure that I have to make.
The first year is all about getting it set up. So up to or even a bit beyond breakeven is fine by me, I'll make my profits during the next year, and the next, and the next.
A payment program would help me to get as many as possible up and going as quickly as possible, and an investor would give me the cash flow that I needed for the first year.
Hell, I'd even give away a part of the business.
10 salesreps completing just 1 location a month, would be 120 locations in a year. 120 locations times $1500 profit for each of the following years is $180,000 per year. Year after year.
These aren't figures I've just pulled from the air either. On my own, I'm doing a little better than 1 location a month and $1500 profit, and that's without monthly payments.
In fact, I'd go a 30% or 40% return. As long as the numbers work.
You see, during the first year I have to pay commissions, pay for the printing, and purchase the displays. But for the following years, for each advertiser that resigns (and on a payment program, most would) there is very little expenditure that I have to make.
The first year is all about getting it set up. So up to or even a bit beyond breakeven is fine by me, I'll make my profits during the next year, and the next, and the next.
A payment program would help me to get as many as possible up and going as quickly as possible, and an investor would give me the cash flow that I needed for the first year.
Hell, I'd even give away a part of the business.
10 salesreps completing just 1 location a month, would be 120 locations in a year. 120 locations times $1500 profit for each of the following years is $180,000 per year. Year after year.
These aren't figures I've just pulled from the air either. On my own, I'm doing a little better than 1 location a month and $1500 profit, and that's without monthly payments.
