I actually haven't made any progress except for scouting locations (I want to find a great one for a great deal, aka something I can afford). I know I may be going about things a little different from the normal, but I have a plan and it makes sense to me. I'm interesting in starting a health food/general store. The building I looked at today is definetly a "fixer-upper" but I think it has real potential and the price is reasonable, unlike the $1 million place I saw earlier this week for .3 acres with a run-down tiny building on it.
I have had it in my head for a long time to start a business so I have done lots of research and will soon begin work on my kick-ass business plan. So, any advice would be much appreciated. I'm terrified, and possibly the most excited that I have ever been!
I'm thinking about purchasing this property, keeping my full-time job for now while I work on fixing it up and getting it ready for business (will take a while), moving back in with my parents (Oh my) and using what I would have payed in apartment rent as my monthly payment on the property. All the while thoroughly planning this business out and putting money away for my initial investment until I am fully ready to make the jump. Also I want to turn the back part of the building into a small "apartment" for myself so I won't have to keep living with the 'rents (love 'em to death, but I also love my freedom and the idea of rolling out of bed and already being at work).
Guess I better get busy . . . sounds like I've got a LOT to do!
2 years ago
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