First real attempt to break out of the wagecage

Just signed an offer to buy a business. Deposit due tomorrow. Fucken nervous.

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What business?

>Just signed an offer to buy a business.
Damn, the jews got you. You really should have run this by us first.

cigar store. 10k deposit, and 130k for the store + inventory. Good financials, 2 employees. I got great terms on a line of credit and decided it was time.

Cool. How do you find businesses for sale?

>Just signed an offer to buy a business.

Smartest guy on Zig Forums

i googled businesses for sale in my city.

Do you have experience with cigar stores? I worked in one for a while. Where is it? US?

nice, how big is the lounger area? Hope you don't get forced to close. What is your montly cost gonna be?

>owning your own cigar store.
Based as fuck. You're gonna make it. You have space heaters so people can smoke outside? It's so nice to be warm smoking cigars outside in the winter.

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No, I'm a mechanical engineer. I'll figure it out.

Buying a small business That caters to white men right before the great reset.

Well good luck with that

Can i use code RUDY20 to get 20% off at your establishment

Buying a business right now is major retarded. The great rest is going to crush all small business owners. Shouldve just bought link with that money

fucking based my friend. goodluck

monthly costs are ~35k, monthly revenue is ~40k. pulls about 50-60k a year, including a ~60k payroll which is the first thing I'm going to reduce.

This is the best time to buy a business you retarded nigger

I recommend that you set up an online shop as well and list everything. Pay a couple grand to a reputable web design company and make sure it is on Shopify, the best storefront there is. Don't fuck around on this, make sure you are target local keywords through organic search and paid search. You'll be amazed at what a $500/month ad campaign can do for you if it is done correctly.

So there's 2 employees, you don't know anything about the business, and the first thing you're going to do is fire them? Are you sure about this?

I'm putting 10k in. line of credit is 2.35% APY. I can pay interest only and invest my profits in LINK or SPY or whatever.

Does the great reset include inflation? because I'm counting on it. I have no other debt at them moment. Why not leverage?

>which is the first thing I'm going to reduce.

lol nevermind you're a fucking retard. firing the employees when you don't even have shit down or cutting their pay during a pandemic. what the fuck

Aaaaaand he's about to run it into the ground. Great.

What if he runs an oracle related to cigars at his establishment? At the very least he could run an inventory oracle to feed data to the blockchain.

I'll keep the manager on for 6 months. She is the bulk of the payroll, the other a part time min wagie.

Can I trouble you for some advice? I am going to launch middle of next year, and I would like to take the time to learn about seo / google ads / social media marketing. What are the best resources to self learn? Is tai lopez's program a whole crock of shit? Thank you in advance.

If it is some unbearably complicated operation, I'll keep the manager on.

>She
I think your business might be short-lived, user.

Good luck man, takes balls to do this. How did you come to pick cigars?

I've been to the store several times to buy snus. It caught my eye when I was browsing listings.

Btw, do you mean cigar store as in literal baller cigars, or do you mean a smoke shop / cigarettes and tobacco etc?

is weed legal in your state? I'd seriously consider adding a marijuana component

Both? It doesn't carry anything ridiculously expensive, but has 5 large humidors with a pretty large selection. As well as specialty cigs, smokeless, accessories etc.

KING

good luck

I see, sounds like a niche offer servicing a particular customer. Sounds like something to be proud of user, focus on your customer / social aspect and make them feel like Kings, you won't fail. I only ask because here in Ausfailia, smoke shops are closing because of illegal (stronger) tobacco being sold cheap on the black market.

Lulz I meant stronger foreign (asian) cigs.

If you're the same user that posted before best of luck hope it works out for you