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Originally Posted by MCWD
Excellent breakdown. I agree with you 100%. Additionally, I would like to add that your going to have to work crazy hours to make a decent buck. When your legit the bills are huge, and until you really make a name for yourself people are hard to come by. If you truly want to pursue the business, learn, practice, learn, and practice some more. Never stop learning, don't think that its going to be easy bc your the boss, make sure you set yourself up for a year of little to no profits, attend some expos to get your feet wet. I don't know what field your in and making money in, but I would suggest sticking with what you know... Maybe detail on the side to make some money, but todays maket is tough and starting a business although not impossible, it def will be a challenge. Best of luck to whatever you decide. Feel free to pm me to ask specific questions.
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I agree with what both of these guys said. I have been Mobile Detailing going on my 6th year. I still work a fulltime job too. I put my heart and soul into my business. I would like to quit my job too. But with the economy so bad right now I would not think of quiting. Plus I live in Ohio so my detailing is seasonal. I do not have a building either. I have some really good client's, and I will pick up more. The Detail industry says people are keeping their cars longer and having the paint corrected and having them detailed more. Consider the ups and downs of going fulltime. Overhead, employee insurance, utilities,business insurance, workers comp, rent, etc.
Do your homework and ask others in the business with fixed locations. Good Luck and keep us informed.