12-17-2003, 06:11 PM
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Fuck Checks, CASH only!
Join Date: May 2002
Location: New York City
Posts: 19,422
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Recently an opportunity came across to buy a software business, they sell software that many small business buy.
In short the following is how the company looked.
Gross income for 2002 $4,220,000
Net Income for 2002 $47,000.00
The software is developed and updated every 6 months, they have 1 tech support guy spend on office space $6,000 a month.
Total Employees 19 when in fact they can run on 4!
In this industry even the largest players don?t maintain huge staffs or extremely overpriced offices.
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