Goodalls Lawn Care
Region: US
Monday 29 November 2021 14:55:55 GMT
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user7427415760567 :
W business W business owner
2021-11-29 15:29:29
165
Rob N Angela :
My guy must be a Dave Ramsay followerrrrrrr
2021-11-29 16:24:49
95
Carl Richardson :
I have to disagree to an extent. Debt can be used to scale quickly. I don’t build businesses slow. I used debt to help speed things up.
2021-11-29 19:55:12
39
Fred Sanford :
debt isn't a bad thing if 0 interest then invest cash elsewhere and you technically are making more. keeps business more liquid as well.
2021-11-29 16:16:21
36
Zach Tiry :
lawn care is a relatively low capital business though, some businesses take alot more input up front, like a building
2021-11-29 15:42:30
13
B :
BORROW - your invested money makes you 8% and your debt is 4% so you make 4% net AND have the asset and depreciate the asset for tax purposes.
2021-11-30 01:52:50
7
Jacob Johnson43680 :
Debt is tax free.
2021-11-29 17:57:33
7
Gavindimartino47 :
Depends on occupation. Who has 600,000 cash for a tree machine?
2021-11-29 20:49:43
4
Rich and Nick :
Definitely depends but can see both ways. Definitely no need for debt in the first few years at all. At a certain point it may make sense.
2021-11-29 16:36:23
4
Kyle Hensley :
There’s no “need” for debt but it just allows you to scale faster and bigger. Goals aren’t big enough that’s all
2021-11-30 17:17:18
3
Boudreaux.Ryan :
Depreciation is the best deduction a business can have. I’m a commercial lender. Debt js a good thing for companies to expand and reduce AGI
2021-11-29 20:24:54
3
Austin hensley :
Truck tour/ equipment tour
2021-11-29 20:08:20
2
hardcory710 :
You suck
2021-11-29 17:37:58
2
Sam Snyder :
Agreed! Debt seems smart when things are good. Debt hurts when business is down
2021-11-29 16:14:54
2
Flip it Ginger :
Using debt builds credit and you are actually saving your money due to inflation being at 6% when you lock in a loan at a low interest rate
2021-11-29 16:12:14
2
user5204742816821 :
That is the biggest hat bill I’ve ever seen, other than the comical Disney hats
2021-11-29 22:04:31
1
Bob Teed :
where do you get your coke from?
2021-11-29 21:05:08
1
Hamza Jamal :
@Tyler Hern tell me if he is right
2021-11-30 02:56:34
1
My name is Jeff :
Good message. I shared it with my son who is just learning about money
2021-11-29 16:41:23
1
Travisw3m :
Why not have your own company hat on all the time?
2021-11-29 16:47:22
1
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