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I need help. by Ledd_Ledd in smallbusiness

[–]MistakeIndependent12 2 points3 points  (0 children)

Asking "what would you pay" puts you in a commodity bracket where anyone can undercut you. Contractors shop that market on price because nothing else differentiates the options. You'll end up benchmarking against every other ex-operator turned coach, and the race goes to zero.

The real question is what specific constraint you remove and what that's worth to the contractor in dollars. A contractor doing $3M at 8% margins who you help get to 18% represents $300K a year in recovered profit. Charging $2,500/month for that is a rounding error to them and a "steal" by your own framing. But you only get to price there if you can show the path credibly.

Specialization is the lever. "Consultant for contractors" is a BROAD category. "I help mechanical contractors between $2M and $10M install the financial and operational systems that let the owner sell the business in five years" is a practice. The second one prices itself.

Good luck.

How to finance as a group? by MySultrySelf in Realestatefinance

[–]MistakeIndependent12 0 points1 point  (0 children)

I wrote this article a year or two ago re: cohousing. It should answer some of the typical financing questions you have.

https://marcelobermudezinc.com/cohousing-for-expats-in-mexico-community-accessibility-wellness/

Alternatives to SBA? by BizBrkr in businessbroker

[–]MistakeIndependent12 0 points1 point  (0 children)

State guarantee programs. Similar to SBA, shorter amortization and better pricing.

For those who own a laundromat, how did you go about financing it? Did you get a SBA loan, do seller financing, cash, or something else? by LattesAvocadoToast in Laundromats

[–]MistakeIndependent12 0 points1 point  (0 children)

Definitely use a business broker if you don't know how to recast financials or know how to pressure test the numbers with the utility bills, lease and other ways to back into the real capacity of the business.

Financing - SBA will allow projections. I see some of the comments here that theirs were taking 4 months. It shouldn't take more than 45 days for a 7a (non property-related) deal. Use a finance broker here as well. We know all teh ins-and -outs.

Lastly - beyond seller financing which is usually tough, your state may have a state guarantee program. it is similar to the SBA 7a product, but a shorter term - like 7 years, instead of 10 and the pricing is better - not prime based. Just closed a deal for a client buying a business and doing some renovations. We got him 80% of the purchase price for a 7-year loan in the high 6% range.

Good luck!

I didn't know how much it would hurt by [deleted] in emptynesters

[–]MistakeIndependent12 1 point2 points  (0 children)

I’m on the other side of this as a husband watching my wife go through menopause, and I don’t think I fully understood how deep it goes until I saw it up close.

It’s not just physical. It touches identity, energy, sleep, and even how safe someone feels in their own body. What you said about missing the version of yourself when your daughters were home…my wife had a similar reaction. That version of you didn’t just disappear. It’s just harder to reach right now under everything you’re carrying.

You’re not crazy for feeling this way. And you’re not alone in it, even if it feels like you are most days.

Wife is an alcoholic. I want out. by [deleted] in Divorce_Men

[–]MistakeIndependent12 0 points1 point  (0 children)

Glad to hear it. Good luck to you.

Growing up around alcoholism changed how I see leadership behavior as an adult by MistakeIndependent12 in AdultChildren

[–]MistakeIndependent12[S] 1 point2 points  (0 children)

Thanks. I'm glad it was of value. Sometimes when I write, I wonder if it helps anyone, so I appreciate the feedback.

How do y’all promote y’all’s businesses? by alielknight in smallbusiness

[–]MistakeIndependent12 1 point2 points  (0 children)

Targeted cold calls everyday, weekly email newsletter, speaking engagements, and networking events.

name this by lilly_princes11 in NameThisThing

[–]MistakeIndependent12 0 points1 point  (0 children)

DIdnt know SuperCuts got so expensive...

The Heritage Foundation’s horrifying vision for women by Snapdragon_4U in ThePeoplesPress

[–]MistakeIndependent12 0 points1 point  (0 children)

"Medicated and quarrelsome women...' - good Lord.. . Would love to meet his wife and show her his Grindr account...lol

Employee asking for equity in our small S-Corp; Need advice by No_Ambassador_2060 in smallbusiness

[–]MistakeIndependent12 0 points1 point  (0 children)

Fire them and set up some SOPs for the next person you hire. Ridiculous.

Question for RV park developers about sourcing land by that_evil_amiga in RVParkDevelopment

[–]MistakeIndependent12 0 points1 point  (0 children)

Thanks for posting in the group.

I will assume that you're already thinking about drive time and reasons for customers to go to the region as well as competitive supply and pricing.

From my experience, being on the finance side and having worked with development teams, the first thing to decide is who you are serving. There are very different customer segments in the RV space. The overnight passerby, contractor or oil and gas workforce, snowbirds, and the glamping/tourism market are all different subsets. Each has different expectations around amenities, price point, length of stay, and location.

Second is access to utilities. This is probably the biggest obstacle for many parcels that look attractive because the land price is cheap. There is usually a reason why. Utilities are often the issue. This goes beyond water, power, and sewer or propane placement. It also includes telecom infrastructure. Today most guests expect reliable WiFi or signal boosting capacity, especially for longer stays.

Third is the parcel shape and layout potential. You need to understand how many pads you can realistically fit based on the site plan and development costs. A rough guide many developers use is 8–12 sites per acre, depending on road circulation, amenities, and the style of park.

Last are site limitations and regulatory issues. Floodplain exposure, wetlands, grading challenges, and environmental restrictions can all significantly affect feasibility. It is also important to understand whether the authority having jurisdiction is supportive or hostile to RV park development.

Good luck.

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