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For those that own your own business

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UTAHCANCHASER
Reg. Jul 2004
Posted 2016-03-02 10:35 AM
Subject: For those that own your own business



Party Girl


Posts: 12293
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Location: Buffalo, Wyoming
What do you do?  Not looking at the MLM business but something brick and mortar or something mobile.
 
?How did you go about starting it or buying it?    We are looking at multiple different avenues right now, just kind of getting an idea of what other people do. 
 
Also what kind of businesses would you love to see come to your town or somewhere close to you?
 
 
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1left2right
Reg. Dec 2003
Posted 2016-03-02 3:24 PM
Subject: RE: For those that own your own business


Mrs. Txdad


Posts: 14084
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Location: the fantasy txdad married
 I own a small cafe. I got lucky when I bought it because the seller was very desperate, lowered the price and offered to carry the note with half down. Sold a horse trailer to get the down payment. 
It is a LOT of work! I've had less than a week off in almost two years and have only got two days in a row off a couple times. 
Ive not been able to go to a barrel race or rodeo since we opened. 
We still struggle even though the business has picked up over 300%. 
Every time I think I'm really doing well, it's tax time again and my account goes back to zero 


This small town we live in has pretty much everything you could want except they closed the book store and the theatre :
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FlyingJT
Reg. Jan 2014
Posted 2016-03-02 3:45 PM
Subject: RE: For those that own your own business



Expert


Posts: 1857
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Liquor store..... can never have to many liquor stores
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UTAHCANCHASER
Reg. Jul 2004
Posted 2016-03-02 4:09 PM
Subject: RE: For those that own your own business



Party Girl


Posts: 12293
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Location: Buffalo, Wyoming
FlyingJT - 2016-03-02 2:45 PM Liquor store..... can never have to many liquor stores

We live in "damp" county...  That is what our waitress called it the other night.  They sell beer at the stores and gas stations but you can only get liquor at a bar or resturant.  This is in Texas
 
?I really wanted to buy one when we live in Wyoming since they are on every corner.
 
If I were back in Utah it would be a no go as they only have state liquor stores.
 
I am really looking for something I can expand into different states.  We currently live in Texas but are wanting to get back to Wyoming and we travel to Utah a lot since all of my family is here.
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Lucylouwon
Reg. Jun 2004
Posted 2016-03-02 4:21 PM
Subject: RE: For those that own your own business



Just a Yankee


Posts: 1239
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Location: Some where I haven't left yet
DON'T Do it it's a TRAP...   Seriously though I've got my late husbands trucking company.... I'll sell it cheap... Free.99 
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UTAHCANCHASER
Reg. Jul 2004
Posted 2016-03-02 4:29 PM
Subject: RE: For those that own your own business



Party Girl


Posts: 12293
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Location: Buffalo, Wyoming
Lucylouwon - 2016-03-02 3:21 PM

DON'T Do it it's a TRAP...   Seriously though I've got my late husbands trucking company.... I'll sell it cheap... Free.99 

Is it a trucking company or a brokerage? We had a hot shot company last year but when the oil field slowed down so did we, plus we both had very full time jobs.
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FlyingJT
Reg. Jan 2014
Posted 2016-03-02 4:30 PM
Subject: RE: For those that own your own business



Expert


Posts: 1857
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UTAHCANCHASER - 2016-03-02 4:09 PM

FlyingJT - 2016-03-02 2:45 PM Liquor store..... can never have to many liquor stores

We live in "damp" county...  That is what our waitress called it the other night.  They sell beer at the stores and gas stations but you can only get liquor at a bar or resturant.  This is in Texas
 
?I really wanted to buy one when we live in Wyoming since they are on every corner.
 
If I were back in Utah it would be a no go as they only have state liquor stores.
 
I am really looking for something I can expand into different states.  We currently live in Texas but are wanting to get back to Wyoming and we travel to Utah a lot since all of my family is here.

Car washes, Laundromats, Vending machines(beverage, snack, quarter machines)

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Three 4 Luck
Reg. Sep 2003
Posted 2016-03-02 5:11 PM
Subject: RE: For those that own your own business



Accident Prone


Posts: 22277
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Location: 100 miles from Nowhere, AR
Lucylouwon - 2016-03-02 4:21 PM DON'T Do it it's a TRAP...   Seriously though I've got my late husbands trucking company.... I'll sell it cheap... Free.99 

 You must have recently received your tax bill. 
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FlyingJT
Reg. Jan 2014
Posted 2016-03-02 5:16 PM
Subject: RE: For those that own your own business



Expert


Posts: 1857
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A bed and breakfast... I've always wanted to open one.
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UTAHCANCHASER
Reg. Jul 2004
Posted 2016-03-02 8:26 PM
Subject: RE: For those that own your own business



Party Girl


Posts: 12293
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Location: Buffalo, Wyoming
FlyingJT - 2016-03-02 4:16 PM A bed and breakfast... I've always wanted to open one.

It isn't a BB but my SO's parents own cabins on a lake in Arkansas.  I don't think I could do it after watching what they have gone through the last 6-7 years.


 
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3canstorun
Reg. May 2007
Posted 2016-03-03 8:34 PM
Subject: RE: For those that own your own business



Hugs to You


Posts: 7551
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Location: In The Land of Cotton
 I have thought about you often and your restaurant and wondered how you were.  
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missroselee
Reg. Jul 2006
Posted 2016-03-03 8:48 PM
Subject: RE: For those that own your own business


Military family

Damn Yankee


Posts: 12390
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Location: Somewhere between raising hell and Amazing Grace
I want to open a MOD Pizza or a Real Deals home decor store..... 
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3canstorun
Reg. May 2007
Posted 2016-03-04 7:41 AM
Subject: RE: For those that own your own business



Hugs to You


Posts: 7551
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Location: In The Land of Cotton
1left2right - 2016-03-02 4:24 PM  I own a small cafe. I got lucky when I bought it because the seller was very desperate, lowered the price and offered to carry the note with half down. Sold a horse trailer to get the down payment. 

It is a LOT of work! I've had less than a week off in almost two years and have only got two days in a row off a couple times. 

Ive not been able to go to a barrel race or rodeo since we opened. 

We still struggle even though the business has picked up over 300%. 

Every time I think I'm really doing well, it's tax time again and my account goes back to zero 




This small town we live in has pretty much everything you could want except they closed the book store and the theatre :

I meanto to quote you.  I have wondered how you were doing.  Hard work owning a food establishment.  I hate you work so hard.   
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ruggedchica
Reg. Oct 2003
Posted 2016-03-04 8:19 AM
Subject: RE: For those that own your own business



Life Saver


Posts: 10477
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Location: MT
Owning your own business is tough.  I started mine a year ago and the only way I've been able to keep mine going is because my husband has a stable income.   Don't plan on making a great income for awhile, especially when it's in the developing stages!  

Edited to add:  Every cent I have made this first year has gone right back into the business.  



 

Edited by ruggedchica 2016-03-04 8:21 AM
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vjls
Reg. Mar 2005
Posted 2016-03-04 8:21 AM
Subject: RE: For those that own your own business


Miracle in the Making


Posts: 4013
20002000
lucky me i am agent for trucking company  so aafter i got hurt i can still work but no longer make sales calls as physcially impossable

but its  great i love it totall commission been doing 30years and i still like  down side of course its is my injury last vacation 2009 
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UTAHCANCHASER
Reg. Jul 2004
Posted 2016-03-04 8:22 AM
Subject: RE: For those that own your own business



Party Girl


Posts: 12293
500050002000100100252525
Location: Buffalo, Wyoming
ruggedchica - 2016-03-04 7:19 AM Owning your own business is tough.  I started mine a year ago and the only way I've been able to keep mine going is because my husband has a stable income.   Don't plan on making a great income for awhile, especially when it's in the developing stages!  



Edited to add:  Every cent I have made this first year has gone right back into the business.  






 

We both will for sure be keeping our day jobs for awhile we can't afford not to.  If it wouldn't have been for our real jobs our Hotshot business wouldn't have last as long as it did but then oil prices crashed and we just couldn't handle it after that. The trucking business is a hard one to be in and make money.  
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UTAHCANCHASER
Reg. Jul 2004
Posted 2016-03-04 8:23 AM
Subject: RE: For those that own your own business



Party Girl


Posts: 12293
500050002000100100252525
Location: Buffalo, Wyoming
vjls - 2016-03-04 7:21 AM lucky me i am agent for trucking company  so aafter i got hurt i can still work but no longer make sales calls as physcially impossable



but its  great i love it totall commission been doing 30years and i still like  down side of course its is my injury last vacation 2009 

What do you do for them? 
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1left2right
Reg. Dec 2003
Posted 2016-03-04 10:36 AM
Subject: RE: For those that own your own business


Mrs. Txdad


Posts: 14084
5000500020002000252525
Location: the fantasy txdad married
3canstorun - 2016-03-04 6:41 AM
1left2right - 2016-03-02 4:24 PM  I own a small cafe. I got lucky when I bought it because the seller was very desperate, lowered the price and offered to carry the note with half down. Sold a horse trailer to get the down payment. 

It is a LOT of work! I've had less than a week off in almost two years and have only got two days in a row off a couple times. 

Ive not been able to go to a barrel race or rodeo since we opened. 

We still struggle even though the business has picked up over 300%. 

Every time I think I'm really doing well, it's tax time again and my account goes back to zero 




This small town we live in has pretty much everything you could want except they closed the book store and the theatre :
I meanto to quote you.  I have wondered how you were doing.  Hard work owning a food establishment.  I hate you work so hard.   

 Aww, thanks!! It is very hard work! It is just now starting to pay for itself, thank goodness!! I had to put all of my own money (sold a couple nice horses) into the business and then jimmy had to get an outside job to get us by. But, he just left that job and is back working with me in the cafe. 
And even though I haven't had to put my own money in lately, I've still not been able to take any of that money back out so, I didn't get to buy that new trailer I was going to when I sold those horses, lol
it will all come later though :)
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just4fun
Reg. Mar 2007
Posted 2016-03-04 2:16 PM
Subject: RE: For those that own your own business



Worst.Housekeeper.EVER.


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Location: Missouri
Lucylouwon - 2016-03-02 4:21 PM DON'T Do it it's a TRAP...   Seriously though I've got my late husbands trucking company.... I'll sell it cheap... Free.99 

  
 This is me, every year about now, working on taxes...
Also, consider health insurance. It's unbelievably expensive when you are self-pay. 
Oh, but follow your dreams! It will be fun, they said!

 
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Running Roan
Reg. Feb 2005
Posted 2016-03-04 2:36 PM
Subject: RE: For those that own your own business



Roan On The Range


Posts: 7889
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Location: Stephenville, TX
UTAHCANCHASER - 2016-03-02 4:09 PM
FlyingJT - 2016-03-02 2:45 PM Liquor store..... can never have to many liquor stores

We live in "damp" county...  That is what our waitress called it the other night.  They sell beer at the stores and gas stations but you can only get liquor at a bar or resturant.  This is in Texas


 


?I really wanted to buy one when we live in Wyoming since they are on every corner.


 


If I were back in Utah it would be a no go as they only have state liquor stores.


 


I am really looking for something I can expand into different states.  We currently live in Texas but are wanting to get back to Wyoming and we travel to Utah a lot since all of my family is here.


We NEED a liquor store in Stephenville so I don't have to leave the county to buy bottles of booze.
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