Biker Scout
New Member
What's wrong with my website? And what advice have I ever given that wasn't sound, logical and well thought out? It's just not good business practice to start going into debt unless you are already bringing in at least 3X the amount your monthly premium will be in the services you are already offering. How is this bad advice? It's simple Small Business 101, and Smart Economics, not rocket surgery.
So you think it's wise to finance a large equipment purchase on the hopes it will bring in more income and money... once you have it? I'm sorry, but that's not the way it works. Having the machine in-house will open up more doors, yes... but it's no guarantee of new and repeat business. Just look at how many wide format machines are on the used market now. You think all of those are upgrades from shops that just don't have the room, or have outgrown the capabilities of them? Or do you think it's possible that people's dreams were larger than their local realities of the sign market they are currently in?
So you think it's wise to finance a large equipment purchase on the hopes it will bring in more income and money... once you have it? I'm sorry, but that's not the way it works. Having the machine in-house will open up more doors, yes... but it's no guarantee of new and repeat business. Just look at how many wide format machines are on the used market now. You think all of those are upgrades from shops that just don't have the room, or have outgrown the capabilities of them? Or do you think it's possible that people's dreams were larger than their local realities of the sign market they are currently in?