Log in
Register
Home
Forums
New posts
Search forums
What's new
New posts
New profile posts
Latest activity
News
Members
Current visitors
New profile posts
Search profile posts
Features
Log in
Register
Search
Search titles only
By:
Search titles only
By:
New posts
Search forums
Menu
Install the app
Install
Reply to thread
Home
Forums
Pro Audio
Junior Varsity
At a crossroad...........
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
<blockquote data-quote="Gus Housen" data-source="post: 16631" data-attributes="member: 245"><p>Re: At a crossroad...........</p><p></p><p>There is no way in this economy I would invest in 100K of gear @ least not in my market. Your best bet would be to approach and establish a relationship with another larger provider, perhaps offer to work as a commision sales person, or rent racks and stacks as needed. (I would at least do a few shows with the promoter this way, to make sure everyone gets along and remeber it usually only takes one bad show for a promoter to fold)</p><p></p><p></p><p></p><p>Personally I think Perhaps a smaller investment say 30-40K would be a better move. There are lots of good deals out there.</p><p></p><p>Look @ it this way no matter what you buy for $100K, if you go to sell it a year later its worth maybe 75% of what you paid for it.</p><p></p><p></p><p></p><p>Really I would consider myself lucky if I were you. You say spending 5K now and 3K in couple more months can be a strain, I aggree but why not look in to a Line of credit or some kind of pre aproved leasing capital. Buying a bunch of stuff and then having it sit or having to work just to make lease payments is a huge grind. </p><p></p><p></p><p></p><p>@ 100k you are not just jumping a level but more like 2 or 3 and that can really complicate things. Right now you a are a 1 man show, jump up a couple levels and administrive costs start to get out of hand.</p></blockquote><p></p>
[QUOTE="Gus Housen, post: 16631, member: 245"] Re: At a crossroad........... There is no way in this economy I would invest in 100K of gear @ least not in my market. Your best bet would be to approach and establish a relationship with another larger provider, perhaps offer to work as a commision sales person, or rent racks and stacks as needed. (I would at least do a few shows with the promoter this way, to make sure everyone gets along and remeber it usually only takes one bad show for a promoter to fold) Personally I think Perhaps a smaller investment say 30-40K would be a better move. There are lots of good deals out there. Look @ it this way no matter what you buy for $100K, if you go to sell it a year later its worth maybe 75% of what you paid for it. Really I would consider myself lucky if I were you. You say spending 5K now and 3K in couple more months can be a strain, I aggree but why not look in to a Line of credit or some kind of pre aproved leasing capital. Buying a bunch of stuff and then having it sit or having to work just to make lease payments is a huge grind. @ 100k you are not just jumping a level but more like 2 or 3 and that can really complicate things. Right now you a are a 1 man show, jump up a couple levels and administrive costs start to get out of hand. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Pro Audio
Junior Varsity
At a crossroad...........
Top
Bottom
Sign-up
or
log in
to join the discussion today!