You will get it figured out eventually man. That is if you decide to stay in buisness long. I know of guys that have just trown in the towl because of what it takes to run it. 50% down is what I ask for, if people dont have it I will work with them . Most have been pretty good about making payments, some havent. I'm actually to leanient on down payments, but I do get most of them. Pretty much all the taxi's on here gave great advice. You will change your toon when you start getting customers, and I dont mean just 20. When you start getting to that 75-100 mark and you are still trying to pay all the tanning , forms and what not out of pocket. That is when you will realize that down payments are a must . I can tell you that buisness expenses are EXPENSIVE! I could show you sometime the program I run all my buisness expenses through. It breaks down everything so I can see where I need to make improvements . You start adding all of it up and it makes a guy wonder why Im even trying to be in buisness
I may take 60,000+ dollers woth of work in but thats not what Im getting out of it
Mark this down as a lesson learned and take what was said on here for the "experiance people" and run with it. Trust me when I say this, listen to the Taxi's that have a legitament buisness running and learn from what they are saying. It will make your buisness work alot smoother faster then trying "you way" of doing it. Dont nesecarily model it after another buisness, but take what everyone does and put it all together . Trust me, I wish I would have listened to the few world class taxis I have met and talked to over the years about running a legit buisness that actually makes a good amount of money. You are learning as you go, just like we all did . It will all come together one day IF you have the patients
