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Help some buddies form a biz together. No buddy bands.

I pretty much only have 2 non-family friends but i am really close with those two friends. We are all low to mid 30s living in different cities in the southeast. Two of us are lawyers, the third is in sales. None of us are breaking the bank but we live comfortably. The problem is (1) we dont work together and (2) none of are particularly in love with our jobs. We have been talking about forming a business together for years but we have thought of any idea as sad as that sounds. We just need some practical but that we could do together. It would be a side gig for us all unless it got big enough to replace our current jobs (the ultimate goal). Looking for suggestions on business ideas or just importantly suggestions on where to find some business ideas. They do not have to be sexy biz ideas but i should say we would probably not be interested in paid blogging, or similar 'work from home' business ideas. I would appreciate any thoughts! Best
posted by frednorton on Jun 27, 2014 - 17 answers

My friends paid me for a gift and it hurt my feelings. now what?

At a picnic with some friends, I gave everyone ten-ish minute massages (I am a massage therapist). It was a spontaneous gesture and I really enjoyed doing it. As I was leaving, a friend slipped an envelope in my bag. When I got home and opened it, there was a card with money inside, thanking me for their "first session". I feel like this turned a spontaneous act of goodwill and friendship into a business transaction. I'm hurt, saddened, and a little offended. I didn't want money or ask for it, and I don't think that I said or did anything implying otherwise. Now I feel like I'm not their friend, I'm hired help. How do I address this?
posted by windykites on May 24, 2014 - 22 answers

Buying materials for my job through my own company?

I work for a medium size 40 employee company in a management capacity. I'm responsible for purchasing equipment and software. What sort of legal issues could arise from purchasing the equipment myself and reselling it to the company? [more inside]
posted by dozo on Mar 10, 2014 - 10 answers

Unlocking Contracted Recurring Revenues to use for Debt Collateral

Every month my company sells roughly $15,000 worth of monthly recurring revenue contracts with five year term lengths. The service sells for $1,000 per month so every month we sign on 15 new customers. $15,000 * 12months * 5 years = $900,000 (total contract revenue for all 15 contracts sold during the month) We've maxed out our borrowing on physical assets held by the company and I need to find a way to unlock these revenue streams to use as collateral for further growth. What's the best way to do this? I would prefer to not have to go to every customer and amend their contracts in any way. Thanks!
posted by Paalen on Jan 24, 2014 - 16 answers

How do I buy a business? I have an opportunity, but not a f*cking clue.

Hi, metafilter. Been a long time. I find myself in a very weird position, because I have a potential chance to buy a business that already has a very successful foothold in my industry. The weird position comes from not having a single clue as to where to start. [more inside]
posted by Jim On Light on Feb 3, 2013 - 13 answers

Please help me learn more about online adjunct teaching opportunities?

Finishing my MBA and would really like to know what adjunct or introductory online teaching opportunities are out there. What resources are out there? What would I be qualified to teach? Are there any other additional certifications that I should obtain? [more inside]
posted by Paalen on Nov 21, 2012 - 6 answers

Does it really take that long to cough up $500?

Freelance/small business filter: How to handle clients that you are ambivalent about working with? [more inside]
posted by anonymous on Nov 6, 2012 - 5 answers

Entrepreneural Advice - What business to start?

Advice Wanted: I'm a MBA graduate with 10 years of business experience and $50,000 in cash and am looking to start my own business. What would you do in my situation? Advice? [more inside]
posted by Paalen on Oct 30, 2012 - 23 answers

Should I teach guitar lessons "under the table" or create a legitimate business?

Should I teach guitar lessons "under the table" or create a legitimate business? [more inside]
posted by Eradicator! on Oct 23, 2012 - 8 answers

How do you turn your business into a company?

Do you have to know how to cook to own a restaurant? [more inside]
posted by azn_hunnie on Jun 13, 2012 - 26 answers

Can this deny me unemployment insurances? Is the company being sneaky?

May be let go for sales performance, company wrote "general misconduct for not achieving monthly target"...is this a play on words to deny me unemployment insurance? [more inside]
posted by Wazooga on May 26, 2012 - 17 answers

30 something seeking career advice

Help a thirty-something year old find his way (back) in his career [more inside]
posted by vincentv on Apr 6, 2012 - 9 answers

Help me get money!

Need investors for a restaurant/bar, but don't know how to get them. [more inside]
posted by bryanthecook on Apr 4, 2012 - 13 answers

Salary Vs experience analysis

Need to do a simple analysis around pay and experience fairness. Example: Two project managers managing exactly same kind of projects and have similar performance levels: PM 1 -> Pay $130,000 ; Experience 15 years; PM2-> Pay $80,000 ; Experience 3 years; I want a mathematical way of analyzing if the person getting paid $80,000 is being under payed. Now I know there are industry standards and charts available. I want to do something that may not be perfect but gives a sense. How much weight should be given to experience and can this be factored in mathematically? Please dont get hung up on accuracy. I want a logical analysis method that does not need to be entirely accurate. Also, where can I find industry charts comparing pay and experience
posted by r2d2 on Mar 3, 2012 - 12 answers

Affordable, multi-currency small business/accounting software for dummies?

Affordable, multi-currency small business/accounting software for dummies? [more inside]
posted by wingless_angel on Dec 8, 2011 - 6 answers

Advice for starting a student dog-walking business?

Advice for starting a student dog-walking business? [more inside]
posted by Spamfactor on Sep 6, 2011 - 3 answers

Is the Cost Truly a Benefit?

Charles Munger mentions in his USC speech the danger of harnessing technology and to recognize when it can hurt you. Are there any articles or books I can read that go in to depth on this concept? (Speech excerpt after the jump.) [more inside]
posted by mungaman on Sep 5, 2011 - 3 answers

What to do with a fairly substantial business sale that is life changing but not enough to retire on?

What to do with a fairly substantial business sale that is life changing but not enough to retire on? [more inside]
posted by anonymous on Aug 31, 2011 - 14 answers

CDS for stocks

Is there something like a Credit Default Swap for stocks? Or, could I have gotten rich somehow by betting against Borders? Is there a way to bet that Groupon fails, for example?
posted by shotgunbooty on Jul 19, 2011 - 25 answers

Most important small business finance data?

For small business owners, freelancers, and finance managers in small enterprises, what financial data is important to have easy access to? [more inside]
posted by pallen123 on May 3, 2011 - 5 answers

Setting up an ATM machine: Is it a relatively simple process? What's the catch?

The site that I'm valeting at right now has plenty of foot traffic. Almost every time I'm at work, I get asked if there's an ATM machine around. I tell them that it's a half-mile away, and they just give up. I thought it would be a great opportunity to put up an ATM machine nearby. [more inside]
posted by RaDeuX on Apr 24, 2011 - 14 answers

Office Politics...

What would you do if your landlord was also your friend and client, and had violated all three relationships, all at one time? [more inside]
posted by She Talks To Angels on Mar 13, 2011 - 31 answers

Need quotes about lying and deception and ethics to convince a Mormon to do the right thing

Help me fight back against a swindler by appealing to his religious convictions. [more inside]
posted by vito90 on Feb 2, 2011 - 21 answers

Small Internet Stores Wave of the Future?

Overstock.com has just started something called the "Main Street Initiative" where they create and promote small business microsites. I have a few questions about this. [more inside]
posted by CollectiveMind on Oct 31, 2010 - 1 answer

Collecting on a Debt

Collecting money from a rogue client. Trying to be specific with information but vague with details. Desperately seeking advice. Let's get this out of the way: you are not my lawyer. [more inside]
posted by anonymous on Aug 21, 2010 - 9 answers

Making a Profit With a Fast Food Franchise

How long would it take to become profitable with a fast food franchise? [more inside]
posted by purefusion on Aug 15, 2010 - 11 answers

16 year old wants his own business

What advice can you give to a 16 year old that wants to start his own business? [more inside]
posted by NotSoSiniSter on Apr 26, 2010 - 25 answers

Is selling disposable flat shoes a good business idea?

Is selling disposable flat shoes to women struggling after a night in painful high-heels a good idea? [more inside]
posted by Spamfactor on Mar 9, 2010 - 50 answers

Mo money. no problems.

Asking for a raise. How do I backup my request with indisputable facts? [more inside]
posted by anonymous on Jan 27, 2010 - 6 answers

If you were almost 26 and got an interesting job in china...

If you were almost 26 and got an interesting job in china... [more inside]
posted by townster on Jan 17, 2010 - 42 answers

What metrics are sales professionals guided by?

What metrics are sales professionals guided by? [more inside]
posted by anonymous on Nov 10, 2009 - 6 answers

She works hard for the money...

A friend of mine wants to open a business, and is looking for information on business loans or grants specifically for women. [more inside]
posted by firei on Oct 10, 2009 - 3 answers

Economics' greatest hits? ... or... Where's the science in economics?

As a former scientist, help me gain some faith in economics. What were the great successes of economics as a tool for making better decisions in the last 100 years? [more inside]
posted by zaebiz on Jun 23, 2009 - 20 answers

Help find me a business model

Is there a realistic business model in personal finance advice/coaching? [more inside]
posted by junger on Apr 19, 2009 - 7 answers

Passive income stream which covers your mortgage

What would you do if you had a passive income stream which covered your mortgage? [more inside]
posted by lilyflower on Apr 12, 2009 - 29 answers

How much would you give up starting your own business?

How much would you give up starting your own business? [more inside]
posted by anonymous on Mar 26, 2009 - 7 answers

$50k for a small business, what do you got?

If you were starting a business in the current economic climate and you had $25k-50k start up capital, what type of business would you start? [more inside]
posted by ibechase on Mar 20, 2009 - 26 answers

Not just profit but organic profit

What is meant by the term "Organic Profit"?
posted by rongorongo on Feb 19, 2009 - 5 answers

What kind of records do most sole proprietors, freelancers and consultants keep?

What sort of state of organization are the financial records of most sole proprietorships in? [more inside]
posted by anonymous on Feb 17, 2009 - 5 answers

I never get into business with a friend - which is why I need help!

How do I deal with a friend involved in a collaborative project that I fear will not take it as seriously as I will? [more inside]
posted by anonymous on Jan 20, 2009 - 8 answers

Name That Loan Company

Help name my friend's finance business! [more inside]
posted by anonymous on Oct 17, 2008 - 13 answers

How does one make the transition between "college student" and business professional" without being wasteful?

How does one make the transition between "college student" and business professional" without being wasteful? [more inside]
posted by DonSlice on Sep 6, 2008 - 23 answers

Has anyone been convicted for murder where the motive was business?

Dick Jones from Robocop filter: Has there ever, in real life, been a convicted case of murder where a high profile, multi million/billion businessperson either killed or hired someone to kill a business competitor, either within the company or in another company? [more inside]
posted by arniec on Aug 7, 2008 - 16 answers

How can I work anonymously?

I have a good deal of experience as a phone sex operator. Recently, I decided I would like to go into business for myself rather than work for an agency. I don't think it's legally possible to incorporate anonymously, but still I'd like to keep my real legal identity as private as possible. Any tips? [more inside]
posted by anonymous on Jun 4, 2008 - 14 answers

Starting a teen business

Starting a teen business! Good idea or not? [more inside]
posted by freddymetz on May 9, 2008 - 16 answers

I am 21 and bored with life

I am 21, male, and I'm pretty bored with life, I feel stressed about doing nothing. I am having trouble figuring out what it is I really want to do with all of the time I have right now, and I've definitely been stagnating. Give me some advice! [more inside]
posted by thegmann on May 8, 2008 - 19 answers

The Economics of Financial Domination

How do financial dominatrices make their money? [more inside]
posted by divabat on Apr 23, 2008 - 9 answers

What is my next step? To business, or not to business..

I have a business idea. For the last 8 month I have day-dreamed about making it happen. I find myself ironing out all the details that would make the business run, but I lack the funding and experience of running a business. There are also personal issues that I keep me from moving on to the next step (not that I know what the next step is). Come on in for the rest… [more inside]
posted by anonymous on Apr 15, 2008 - 10 answers

Deductions for Bi-Coastal Business

I’m a writer who is spending more and more time in Los Angeles for work. I live in Florida, and am a Florida resident. My question is this: If I rent a place in LA, because I am spending roughly half of my time there, what deductions can I take advantage of? [more inside]
posted by vVCHAZVv on Mar 27, 2008 - 1 answer

I know the basics of money laundering. I need more in depth knowledge now.

I know the basics of money laundering. Now I want to read more about the various methods used in laundering money. [more inside]
posted by reenum on Mar 20, 2008 - 8 answers

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