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| 07:58 AM | ||
| Users Online Now: 1,818 (Who's On?) | Visitors Today: 693,299 | |
| Pageviews Today: 915,005 | Threads Today: 250 | Posts Today: 3,652 |
| 07:58 AM | ||
Failing Business Need Suggestions. | |
| No Mo Limo User ID: 31039519  United States01/31/2013 07:24 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 14286934 United States01/31/2013 07:31 PM Report Abusive Post Report Copyright Violation | |
Sammie  User ID: 930440 United States01/31/2013 07:32 PM Report Abusive Post Report Copyright Violation | S-corp, C-corp or Limited Liability Corp (LLC)? "Beware lest you lose the substance by grasping at the shadow". ~Aesop "Once in a dream I saw a snake swallowing its own tail, it swallowed and swallowed until it got halfway round, and there it stopped and there it stayed, it was stuffed with its own self. Some fix, that. We only have ourselves to go on, and it’s enough…" -Charles Bukowski "Grasping at things can only yield one of two results: Either the thing you are grasping at disappears, or you yourself disappear. It is only a matter of which occurs first." -Goenka |
| Useless Cookie Eater User ID: 29696048 United States01/31/2013 07:32 PM Report Abusive Post Report Copyright Violation | My friend has a Limo company, he's been in business for 15 years and done well for himself, until the past few years. Quoting: No Mo Limo 31039519 So far this year he has had 2 bookings in Jan and one booked for Mar. Nothing in Feb. Does anyone have any suggestions? He needs to close the doors but doesn't know how to go about it. Plus he's really depressed. He has no debt everything is paid off. He does have operating expenses that run about $2,500 a month including rent, advertising, insurance and such. He doesn't have the rent due now. The business is a corporation so nothing should hurt his credit right? I suggested an auction. He has other vehicles he needs to sell as well . Like a dune buggy and tricked out van. I have been listing the limos on craigslist and ebay with no luck. I have even been listing them in surrounding cities. He is going to try autotrader, has anyone had any luck with that? I am hoping GLP can give him some good suggestions. Suggestion...... [link to www.wisegeek.com] |
| Anonymous Coward (OP) User ID: 31039519 United States01/31/2013 07:36 PM Report Abusive Post Report Copyright Violation | there are auction houses who work with liquidating business, start there. Also if its a lack of work, try one of the social network deal sites like living social or groupon. Just a suggestion. Quoting: Anonymous Coward 14286934 Thanks I will try both. I briefly tried to make a listing on groupon but couldn't find a link. You don't have it by any chance? The problem he has with auctions is watching his hard earned money sell for pennies on the dollar. I try to tell him the limos paid for themselves a few times over. Thanks Again. |
| Anonymous Coward User ID: 33228951 United States01/31/2013 07:36 PM Report Abusive Post Report Copyright Violation | He has other vehicles he needs to sell as well . Like a dune buggy and tricked out van. Quoting: No Mo Limo 31039519 How is his personal life? I don't think he he should sell his sweet wheels unless he is already getting a solid flow of lovin'. The other assets, sure, but he should put this one in storage or loan it to somebody for a while to see if the sexy ladie(s) still dig him. you know? |
| Anonymous Coward (OP) User ID: 31039519 United States01/31/2013 07:37 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 31039519 United States01/31/2013 07:40 PM Report Abusive Post Report Copyright Violation | He has other vehicles he needs to sell as well . Like a dune buggy and tricked out van. Quoting: No Mo Limo 31039519 How is his personal life? I don't think he he should sell his sweet wheels unless he is already getting a solid flow of lovin'. The other assets, sure, but he should put this one in storage or loan it to somebody for a while to see if the sexy ladie(s) still dig him. you know? haha he's too messed up for a solid relationship right now. He has 2 buggies, an rv, boat, bike, scooter lot's of toys he won't sell. Plus a weird fascination with eggbeaters. lol He will LOL when he reads this. |
| Anonymous Coward (OP) User ID: 31039519 United States01/31/2013 07:42 PM Report Abusive Post Report Copyright Violation | |
| Renegade (Me too) User ID: 31680294 United States01/31/2013 07:46 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 31039519 United States01/31/2013 07:49 PM Report Abusive Post Report Copyright Violation | Let it go! This admin is not business friendly. Good time to get out - bankrupcy, chapter 11. He doesn't have any debt so no reason for bankruptcy. He paid cash for everything as he went along. He just can't pay the current bills. This is the first time he hasn't had the rent in 15 years. Kind of sad to see a man crushed this way. It's not a good time to go in debt either. |
| Useless Cookie Eater User ID: 29696048 United States01/31/2013 07:49 PM Report Abusive Post Report Copyright Violation | |
| Sammie User ID: 930440 United States01/31/2013 07:49 PM Report Abusive Post Report Copyright Violation | He should be fine from a personal credit stand point considering the fact that he has no outstanding debt and further protection is granted by the company being established as a c-corp. He may have liability, however, if he has contractual agreements (time-contracts) in which the contractual consent made clause for personal liability, and he does not wish to continue honoring those contracts once the business is closed. If he does have contracts which he does not wish, is not able or simply will not honor through their expiration date, I would suggest reading ALL of the FINE Print in the contracts to determine the exposure to personal liability that may have been signed Disclosure: I am not an attorney, nor do I represent myself as such. "Beware lest you lose the substance by grasping at the shadow". ~Aesop "Once in a dream I saw a snake swallowing its own tail, it swallowed and swallowed until it got halfway round, and there it stopped and there it stayed, it was stuffed with its own self. Some fix, that. We only have ourselves to go on, and it’s enough…" -Charles Bukowski "Grasping at things can only yield one of two results: Either the thing you are grasping at disappears, or you yourself disappear. It is only a matter of which occurs first." -Goenka |
| Anonymous Coward (OP) User ID: 31039519 United States01/31/2013 07:51 PM Report Abusive Post Report Copyright Violation | He should be fine from a personal credit stand point considering the fact that he has no outstanding debt and further protection is granted by the company being established as a c-corp. He may have liability, however, if he has contractual agreements (time-contracts) in which the contractual consent made clause for personal liability, and he does not wish to continue honoring those contracts once the business is closed. If he does have contracts which he does not wish, is not able or simply will not honor through their expiration date, I would suggest reading ALL of the FINE Print in the contracts to determine the exposure to personal liability that may have been signed Disclosure: I am not an attorney, nor do I represent myself as such. Thanks Sammie I will show him this soon. I really appreciate all the advise. |
| Butt Pincher User ID: 30750596 United States01/31/2013 07:53 PM Report Abusive Post Report Copyright Violation | My friend has a Limo company, he's been in business for 15 years and done well for himself, until the past few years. Quoting: No Mo Limo 31039519 So far this year he has had 2 bookings in Jan and one booked for Mar. Nothing in Feb. Does anyone have any suggestions? He needs to close the doors but doesn't know how to go about it. Plus he's really depressed. He has no debt everything is paid off. He does have operating expenses that run about $2,500 a month including rent, advertising, insurance and such. He doesn't have the rent due now. The business is a corporation so nothing should hurt his credit right? I suggested an auction. He has other vehicles he needs to sell as well . Like a dune buggy and tricked out van. I have been listing the limos on craigslist and ebay with no luck. I have even been listing them in surrounding cities. He is going to try autotrader, has anyone had any luck with that? I am hoping GLP can give him some good suggestions. Call COPART... they are a nationwide auction house for the vehicles.. they will make an offer over the phone.. |
| Anonymous Coward (OP) User ID: 31039519 United States01/31/2013 08:02 PM Report Abusive Post Report Copyright Violation | My friend has a Limo company, he's been in business for 15 years and done well for himself, until the past few years. Quoting: No Mo Limo 31039519 So far this year he has had 2 bookings in Jan and one booked for Mar. Nothing in Feb. Does anyone have any suggestions? He needs to close the doors but doesn't know how to go about it. Plus he's really depressed. He has no debt everything is paid off. He does have operating expenses that run about $2,500 a month including rent, advertising, insurance and such. He doesn't have the rent due now. The business is a corporation so nothing should hurt his credit right? I suggested an auction. He has other vehicles he needs to sell as well . Like a dune buggy and tricked out van. I have been listing the limos on craigslist and ebay with no luck. I have even been listing them in surrounding cities. He is going to try autotrader, has anyone had any luck with that? I am hoping GLP can give him some good suggestions. Call COPART... they are a nationwide auction house for the vehicles.. they will make an offer over the phone.. Thanks |
| Just A Thought User ID: 3497054 United States01/31/2013 08:05 PM Report Abusive Post Report Copyright Violation | Has he approached other limo companies or taxi companies to see if they will contract him and his limo out to them? Find out how the other limo companies are still getting business and copy them. He would need to adapt from what used to work to what works today with his advertising. |
| Anonymous Coward User ID: 33130922  Canada01/31/2013 08:10 PM Report Abusive Post Report Copyright Violation | Quitters never win. Winners never quit. One small bump in the road and he gives up. There's a long list of stuff that he can do to make that business fly, such as going to the local strip clubs or casinos to do a deal (some like to run contests, you buy a drink, get a free draw and the winner gets shown the city in a limo with a couple of adoring strippers, paid by the club). But no, he just gives up. What a loser! |
| Anonymous Coward (OP) User ID: 31039519 United States01/31/2013 08:18 PM Report Abusive Post Report Copyright Violation | Has he approached other limo companies or taxi companies to see if they will contract him and his limo out to them? Quoting: Just A Thought Find out how the other limo companies are still getting business and copy them. He would need to adapt from what used to work to what works today with his advertising. Thanks I will pass this on. Currently his advertising hasn't changed. He cut back on advertising this month because the bill is past due. But no one is calling even asking for quotes ... you maybe right. I believe the economy is just that bad. Who can even afford a limo now a days? He see this and knows it's time to walk away. |
| Anonymous Coward (OP) User ID: 31039519 United States01/31/2013 08:19 PM Report Abusive Post Report Copyright Violation | Quitters never win. Quoting: Anonymous Coward 33130922 Winners never quit. One small bump in the road and he gives up. There's a long list of stuff that he can do to make that business fly, such as going to the local strip clubs or casinos to do a deal (some like to run contests, you buy a drink, get a free draw and the winner gets shown the city in a limo with a couple of adoring strippers, paid by the club). But no, he just gives up. What a loser! He's not a loser, he's burned out. How about you buy the business? lol I will show him this post, he's a realist he can handle it |
| Anonymous Coward (OP) User ID: 31039519 United States01/31/2013 08:20 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 3195221 United States01/31/2013 08:22 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 10098396 United States01/31/2013 08:22 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 31039519 United States01/31/2013 08:26 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 31039519 United States02/01/2013 03:40 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 33454521  United Kingdom02/01/2013 03:46 PM Report Abusive Post Report Copyright Violation | just saying.. |
| Useless Cookie Eater User ID: 29696048 United States02/01/2013 03:47 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 31039519 United States02/01/2013 04:05 PM Report Abusive Post Report Copyright Violation | show him some reports of the childrens throats being slit in syria and libya and afghanistan and all the families that are homeless in the world and all the animals dieing off and the crazy weather killing and displacing millions etc etc and maybe he will shut the fuck up and change his attitude! Quoting: Anonymous Coward 33454521 just saying.. He knows all that and is really worried about the future and not just for himself. |
| Anonymous Coward User ID: 27212091 United States02/01/2013 04:15 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 4730959 United States02/01/2013 04:16 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 31039519 United States02/01/2013 04:16 PM Report Abusive Post Report Copyright Violation | |
