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Thread: buying busness vs. starting own
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06-08-2004, 05:42 AM #14
Professional Member
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- Jan 2003
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- Beaufort, SC
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Be careful on the non-compete, I wasn't, he had a brother start a so called business, then he tried to raid my customers. He knew our rates and pricing, luckily he got the tightwads that just wanted to go cheap. He got a couple of good ones.
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06-08-2004, 06:57 AM #15
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- Dec 2003
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- 397
At $35.00 per hour I would be asking how much is under the table the IRS does not see. I know a couple of guys here that take upwards of 50% under the table. At the rate he is charging after taxes and overhead he is only taking $10.00 - $12.00 an hour home.


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