Originally Posted by
glassngrass
Franchises aside - it takes many years to weed out the pitas (who seek out newbies to scam, or just want cheaper than their existing) and grow a client base that appreciates your quality service at a decent rate.
Many start out really busy, but there is a huge diference between busy and profitable!
On reflection, I would have been better to have purchased an established client base with third/fourth year income in my first year, rather than build from scratch.
If I started again and could spend as little as $30K for van, trailer, branding, website, email, mobile number and established client base, I would do this rather than start from scratch.
Considering we generally place so little value value on our established businesses, it's no wonder we later have difficulty selling them!
Would you say to a newbie that they are better off starting from scratch, or do you really believe your business has value?
If you were wanting to retire, what's YOUR established business worth?