DTM Brian Posted January 1, 2010 Report Share Posted January 1, 2010 Be ready for it to take 5 years before you see any type of reward for your efforts. Quote Link to comment Share on other sites More sharing options...
Jcroz91 Posted January 1, 2010 Author Report Share Posted January 1, 2010 I call bullshit. There's so much wrong in this thread I can't begin.I will say "go to college". You might then know what "liquid assets" might be, what a good business model would be, and why restaurants as businesses usually fail. And why "hard work for myself when I wouldn't do it for someone else" won't cut it.And for God's sake use a spell checker. Your grammar and spelling are roughly 6th grade level. Don't feel bad, you aren't the only one. (Drunks and jokers excluded.)well yeah im only a freshman. iv only got 10 credit hours so far. theres i have a while to decide. just want to do my research first. Quote Link to comment Share on other sites More sharing options...
ReconRat Posted January 1, 2010 Report Share Posted January 1, 2010 well yeah im only a freshman. iv only got 10 credit hours so far. theres i have a while to decide. just want to do my research first.Business or accounting major, or both. That's where you're headed if you want to do this. Stick with it, it's a slow steady process to build up progress toward owning your own business. Quote Link to comment Share on other sites More sharing options...
jporter12 Posted January 1, 2010 Report Share Posted January 1, 2010 Open an IHOP franchise , preferably in NewarkSpeaking of trolls!!! Quote Link to comment Share on other sites More sharing options...
SAMBUSA Posted January 1, 2010 Report Share Posted January 1, 2010 Wow, are these threads that you start serious? My guess is that you aren't as stupid as you portray yourself to be. You are really just a member with 2 screen names. No one can really be that stupid, can they? Quote Link to comment Share on other sites More sharing options...
MidgetTodd Posted January 1, 2010 Report Share Posted January 1, 2010 Shouldnt you be pullin your train instead of posting ?? Quote Link to comment Share on other sites More sharing options...
SAMBUSA Posted January 1, 2010 Report Share Posted January 1, 2010 Shouldnt you be pullin your train instead of posting ??I can post and run a train at the same time via the cell. But I got an early quit, so I'm home now. Only 10 hours at double time:p Quote Link to comment Share on other sites More sharing options...
Likwid Posted January 1, 2010 Report Share Posted January 1, 2010 I can post and run a train at the same time via the cell. But I got an early quit, so I'm home now. Only 10 hours at double time:pSo that's what the kids are calling it these days... "don"t come in here! I'm pulling my train!"If jcoz was someone posting under another name one of the staff would have surely called him/her out... unless it is one of the staff. Quote Link to comment Share on other sites More sharing options...
Jcroz91 Posted January 1, 2010 Author Report Share Posted January 1, 2010 So that's what the kids are calling it these days... "don"t come in here! I'm pulling my train!"If jcoz was someone posting under another name one of the staff would have surely called him/her out... unless it is one of the staff.why would i have 2 names at the same time? idk what hes talking about Quote Link to comment Share on other sites More sharing options...
Benyen Soljax Posted January 1, 2010 Report Share Posted January 1, 2010 lol at thinking a car is a liquid asset.its more of a drain than an asset... Quote Link to comment Share on other sites More sharing options...
max power Posted January 1, 2010 Report Share Posted January 1, 2010 so a car or house. another words something the bank can hold over my head. that makes sense. wut? No, a car and house are not liquid assets. I call bullshit. There's so much wrong in this thread I can't begin.I will say "go to college". You might then know what "liquid assets" might be, what a good business model would be, and why restaurants as businesses usually fail. And why "hard work for myself when I wouldn't do it for someone else" won't cut it.And for God's sake use a spell checker. Your grammar and spelling are roughly 6th grade level. Quote Link to comment Share on other sites More sharing options...
Big Speazy Posted January 1, 2010 Report Share Posted January 1, 2010 Quote Link to comment Share on other sites More sharing options...
RSVDon Posted January 1, 2010 Report Share Posted January 1, 2010 I call bullshit. There's so much wrong in this thread I can't begin.I will say "go to college". You might then know what "liquid assets" might be, what a good business model would be, and why restaurants as businesses usually fail. And why "hard work for myself when I wouldn't do it for someone else" won't cut it.And for God's sake use a spell checker. Your grammar and spelling are roughly 6th grade level. Don't feel bad, you aren't the only one. (Drunks and jokers excluded.)This. But....he's too kool for skool. Quote Link to comment Share on other sites More sharing options...
Jcroz91 Posted January 1, 2010 Author Report Share Posted January 1, 2010 wut? No, a car and house are not liquid assets. ok so are u being sarcastic or not?lol at thinking a car is a liquid asset.its more of a drain than an asset...well idk what an asset is... kinda why i asked?This. But....he's too kool for skool.exactly... thats y im going to osu right now. Quote Link to comment Share on other sites More sharing options...
SAMBUSA Posted January 1, 2010 Report Share Posted January 1, 2010 ok so are u being sarcastic or not?well idk what an asset is... kinda why i asked?exactly... thats y im going to osu right now.Did you eat paint chips when you were younger? Live under power lines? Quote Link to comment Share on other sites More sharing options...
scottb Posted January 1, 2010 Report Share Posted January 1, 2010 I'll chime in.Asset = ANYTHING of value. Cash, stocks, your car, baseball card collection.Liquid asset = Cash, stocks, Money market account.Liquidation = converting assets into cash, like selling your car or bike. You might have seen stores that are going out of business having "liquidation sales"You have a lot of research to do. Alot of franchisses are owned by holding companies or management companies. You get a group of people together and each kick in about $200,000. So, upfront, not only will you need money be "awarded" a franchise, you'll need money for a location with room for seating and parking, (or build one), pay insurance, payroll, permits,utilities, menus,napkins, kitchen equipment, uniforms, the actual food and so on...Everything inside the 4 walls of the building is on you to provide/pay for.So the $150K is just a small part of the actual cost. To test the waters on your business ownership skills, start small, with like a lemonade stand or landscaping/snow plowing.If you plan everything out, and surround yourself with great, motivated people, you MIGHT do well for yourself. Quote Link to comment Share on other sites More sharing options...
conn-e-rot Posted January 1, 2010 Report Share Posted January 1, 2010 The hell with Subway open up a Taco John's Quote Link to comment Share on other sites More sharing options...
SAMBUSA Posted January 1, 2010 Report Share Posted January 1, 2010 Pink taco is better Quote Link to comment Share on other sites More sharing options...
Jcroz91 Posted January 1, 2010 Author Report Share Posted January 1, 2010 I'll chime in.Asset = ANYTHING of value. Cash, stocks, your car, baseball card collection.Liquid asset = Cash, stocks, Money market account.Liquidation = converting assets into cash, like selling your car or bike. You might have seen stores that are going out of business having "liquidation sales"You have a lot of research to do. Alot of franchisses are owned by holding companies or management companies. You get a group of people together and each kick in about $200,000. So, upfront, not only will you need money be "awarded" a franchise, you'll need money for a location with room for seating and parking, (or build one), pay insurance, payroll, permits,utilities, menus,napkins, kitchen equipment, uniforms, the actual food and so on...Everything inside the 4 walls of the building is on you to provide/pay for.So the $150K is just a small part of the actual cost. To test the waters on your business ownership skills, start small, with like a lemonade stand or landscaping/snow plowing.If you plan everything out, and surround yourself with great, motivated people, you MIGHT do well for yourself.yeah well i was considering doing a mobile oil changing type of thing. like people call me schedual and appt and ill come out and change their oil. but idk the surveys didnt show that too many people were interested. Quote Link to comment Share on other sites More sharing options...
DLN1223 Posted January 2, 2010 Report Share Posted January 2, 2010 http://www.subway.com/subwayroot/Development/05dev/financial/capital_US.pdf Quote Link to comment Share on other sites More sharing options...
scottb Posted January 2, 2010 Report Share Posted January 2, 2010 http://www.subway.com/subwayroot/Development/05dev/financial/capital_US.pdf Good find..... Quote Link to comment Share on other sites More sharing options...
Gump Posted January 2, 2010 Report Share Posted January 2, 2010 Jcroz,Life's going to teach you a whole lot....Pay attention and listen to smart people ignore the advice from ones that guess. As soon as you figure out which is which you'll be good to go. Quote Link to comment Share on other sites More sharing options...
Big Chief201 Posted January 2, 2010 Report Share Posted January 2, 2010 I call bullshit. There's so much wrong in this thread I can't begin.I will say "go to college". You might then know what "liquid assets" might be, what a good business model would be, and why restaurants as businesses usually fail. And why "hard work for myself when I wouldn't do it for someone else" won't cut it.And for God's sake use a spell checker. Your grammar and spelling are roughly 6th grade level. Don't feel bad, you aren't the only one. (Drunks and jokers excluded.)+1 Quote Link to comment Share on other sites More sharing options...
Disclaimer Posted January 2, 2010 Report Share Posted January 2, 2010 Can we just close this thread? Please... it's like a horse with 4 broken legs. It won't go anywhere. Quote Link to comment Share on other sites More sharing options...
that dude Posted January 2, 2010 Report Share Posted January 2, 2010 failboat has arrived Quote Link to comment Share on other sites More sharing options...
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