Message from @Deleted User
Discord ID: 728623803223113860
Just charge the cheap stuff 50% more so then you get profit
And for taxes you can commit tax fraud
Would not recommend committing tax fraud. You end up owing more than it is worth.
lmao ok
My location is relatively cheap for everything. I'd still have to get a loan, bit relatively speaking (Kansas) it ain't bad. I'm also thinking about a bar/grill to get the family business. Not a whole lot of demand for a sole bar.
Why not do both a bar and grill
Okay. I mean, it's a good idea if you can afford the fees.
I have $4 to my name.
It'd be a risk
But possibly worth it
Assets include my truck, my house, and my firearms collection
Don't think $4 is enough. It is definitely a risk. A family friend who is practically my uncle owns a bar that has the perfect location.
He took a risk starting it, but it has turned into a good investment.
$4 to your name?
Holdup
I would venture to guess, being thinking rationally for the time being, that at this moment in my life it's not a great idea.
@Deleted User I'm employed. I actually have less than that when it gets into debt (truck, school, e.t.c.). My job pays well but I did a stupid thing and got into trouble
Probably not. There is a lot that goes into starting a business that you need to be prepared for, so probably best to wait until you have a better footing.
Oof
**bruh**
@The SleepyDragon we wanna keep the general chats uncluttered. Please try to keep memes in any of the meme channels.
@Froski That was my line of thought, but I'm also trying to move forward in life, ya dig?
Noted sorry
Absolutely. @Deleted User Honestly, starting small with investments is really helpful. Maybe talk to a local bank about putting 10% of what you make in a pay period into investments. Allow them to build it up and down the road you may have the funds to start a bar up.
You want ETF funds.
Fidelity.
@Froski I think that smart. Now, what say you when it comes to business partners?
If.you aren't saving for retirement, you're making a mistake.
Are you asking me to be a business partner or are you asking about having partners?
Our fiat currency is on shaky ground, but shares in companies will be worth something.
@Froski I'm not asking you to invest. What're your thoughts on having partners
@Sugar Goat Bro, my savings went away with court costs and attorney fees. I did it to myself, I can't complain, but I'm gonna invest in precious metals starting anew
Partners are great, because it relieves stress from yourself, but you need to make sure it is somebody you trust. If you don't trust that person with 50k, do you really want to be in a potential business with them?
Yikes nooooo
Don't buy gold now
It's high
And gold's price is just measure of how well the US economy is doing compared to the Chinese economy right now lol
What experience do you have in the restaurant industry?
@Sugar Goat I'm not through the legal forest rn. When start anew I'll assess how all the metals are doing. It doesn't seem like you can lose too terribly much in that market, especially after paper currency crashes.
In terms of experience; none. But I ain't too terribky dumb, and my parents had a couple businesses for awhile, so I have at least someone to bounce ideas off of.
Yes, you can lose your shirt. People do all the time.