[TheForge] Somewhat OT question...

Grover Richardson grover.richardson at gtri.gatech.edu
Thu Sep 16 16:38:22 EDT 2004


Get a cpa to review their records.  See what their take home pay is.
What has the business trend been for the last 10 years, ie is it declining
or increasing?
Visit them a couple of days and see if you like that type of work.
Consider if you want to be doing the same work in 20 years, every day for 20
years.
Are their customers based upon personal relationships that won't transfer to
you.

If all is good.  Excellent.

Businesses like that tend to vary on location (small mom and pop
businesses), generic statement.  

Good luck.

-----Original Message-----
From: theforge-bounces at mailman.qth.net
[mailto:theforge-bounces at mailman.qth.net] On Behalf Of Andy Vida
Sent: Thursday, September 16, 2004 2:40 PM
To: artmetal at wugate.wustl.edu; theforge at mailman.qth.net
Subject: [TheForge] Somewhat OT question...


Folks,

I have a rather serious question to ask you all, since there are so many
experienced and smart people here ( how's that for buttering up?).

My bid for a senior position at IBM just got shitcanned, which leaves me
even less hope than I had earlier this morning, so I guess I have to get
serious about finding a new way to make a living.  

Be that as it may, here is my question: does anyone know if uphostery 
restorations/rehupholstering is a decent business to get into?  There 
is a family in NJ that my mom knows that is getting out of their 
business because they are getting old but would like to have the 
business survive and are looking for someone to take it over.  I guess 
my quesiton is whether this is something I could make a decent living 
at it or would I just be wasting my time, assuming I'm capable at it and
actually work the business semi-intelligently?  

Any help would be very greatly appreciated.  

	-Andy
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