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| follow-up to long distance job search... |
netto |
09/24/03 |
I'm doing considerably more than 40 now, and even pulling 40, when you dole out x thousand a year for health insurance, and zero sick days, vacation, 401k, tuition reimbursment, etc., you ain't living too healthy.
Not familiar with the millionaire dude you mentioned, but it's always easy to make statements like his that are totally subjective.
I really can't see, in this economy, quitting a good paying job w/full benefits with absolutely nothing to go to.
What about purchasing an existing business in the area? |
Clarification/Follow-up by wvseagull on 09/24/03 3:07 pm:
What area? Why do you feel that it is necessary to move?
Clarification/Follow-up by wvseagull on 09/25/03 12:17 pm:
Netto, one easy way to see what a business is worth, roughly, is to find out how much profit it makes, and compare that to the amount invested, and compare that to the return you would get just buying CD's for the same amount of capital. For example, if it cost $300K to buy a business, and its profit is only $10, unless you could change a lot of things to increase the profit, it would not be worth buying at that price, since the same $300K would return $18K at 6% and no risk or work.
The higher the profit a business makes, the higher the selling price, generally speaking.
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