jc100
join:2002-04-10
1 edit | reply to doesnt matter
Re: shareholders
Well I broke it down on a monthly scale anyway. You can multiple that x 12 ONLY if it's assumed to be a constant. Either way, I think they will do OK.
P.S. I did type year instead of month. OOPS. Corrected. |
|
jc100
join:2002-04-10 | reply to S_engineer
That's what bankruptcy and an LLC is for. If you file bankruptcy then they can only settle with what you have left. Furthermore, if you are an LLC, they can only sue the company and not you. Presto. |
|
S_engineer
join:2007-05-16
Chicago, IL | reply to jc100
They need to leave 20k around just in case they need to close. Closing a business is very expensive too! |
|
doesnt matter
| reply to jc100
check your math, customers pay every month. $1.4 million that sounds much better |
|
jc100
join:2002-04-10
2 edits | reply to captain456
Well all start ups are a financial loss. There are few companies that open their doors and hit the ground running into the black. It just takes time to build a customer base, market, etc. However, this company has the right idea. Right now, 150 isn't a lot but if they can expand, then I am sure they can make a good deal of money. If your service is say 40 dollars a month and you can net even 3,000 customers, thats 120,000 a *Month*. Figuring this is a small few man operation, then that isn't bad. Consider maybe 20,000 for taxes. 100,000 left. 4 Employees (20K each salary monthly if all are partners and even split). Then around 20K left for future investments (monthly). It's feasible if they can build their subscriber base anyway. The monthly assumes a constant. |
|
