The whole point of buying a franchise business is making money with which to sustain yourself. If you can do that successfully for under $20,000 at the outset, it seems foolish to get tens of thousands of dollars in debt to purchase a seemingly more impressive business that will just get you to the same end. Of course, the more expensive franchises can also be great investments, but they aren for everyone..
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There have always been rumours about the Casellas in Griffith: bags of money buried in vineyards, some of them still there; tins full of cash that never saw the bank; capital the family had but no one could explain. It may be that those same rumours that left them vulnerable to De Dominicis. But the family’s incredible success has been no secret..
According to the Bureau of Labor Statistics, in St. Louis, the median wage for a machinist is $22 an hour. Bockerstett says there are several ways for young people to get their foot in the door and taking on excessive debt to get a four year degree doesn’t have to be one of them.”The best route would be get into a tech school.
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