Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
FedEx Discussions
Independent contractor routes that net over 1,000,000 a year
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="dmac1" data-source="post: 1852803" data-attributes="member: 60252"><p>You support my point that looking at just one or even two years of tax returns or net income means almost nothing. Generally, new buyers, especially of single routes, aren't relly educated in bookkeeping. Suggesting to a newbie that cash flow is most important is not very nice without the caveat that you need to look at more than one years cashflow. Someone buying a route for one year and then selling after netting $60,000 may see that reduced by an easy 20% when he sells the business assets remaining after the sale. And absent extreme appreciation, his business will be worth less every year, based on the value of the assets.</p></blockquote><p></p>
[QUOTE="dmac1, post: 1852803, member: 60252"] You support my point that looking at just one or even two years of tax returns or net income means almost nothing. Generally, new buyers, especially of single routes, aren't relly educated in bookkeeping. Suggesting to a newbie that cash flow is most important is not very nice without the caveat that you need to look at more than one years cashflow. Someone buying a route for one year and then selling after netting $60,000 may see that reduced by an easy 20% when he sells the business assets remaining after the sale. And absent extreme appreciation, his business will be worth less every year, based on the value of the assets. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
FedEx Discussions
Independent contractor routes that net over 1,000,000 a year
Top