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Side Hustle School

#2913 - Q&A: “How do I understand ROI when buying a local business?”

Side Hustle School

Chris Guillebeau / Onward Project

Business, Entrepreneurship, Careers

4.83.3K Ratings

🗓️ 22 December 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

In today’s episode, we help a listener understand how to calculate ROI when considering buying a local business. We’ll cover how to estimate the payoff period, factors that impact profitability, and tools to make the analysis easier. Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week. Show notes: SideHustleSchool.com Email: [email protected] Be on the show: SideHustleSchool.com/questions Connect on Instagram: @193countries Visit Chris's main site: ChrisGuillebeau.com Read A Year of Mental Health: yearofmentalhealth.substack.com If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼  To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0

This episode is brought to you by B-streamwise.

0:03.0

As we get underway, the stakes couldn't be higher.

0:05.0

All he's left himself exposed.

0:07.0

There goes the attacker.

0:08.0

The defense is nowhere.

0:10.0

They're in on his laptop.

0:11.0

Criminal!

0:13.0

They've tucked that malware away beautifully.

0:16.0

And scored his house deposit and personal photos.

0:20.0

When you watch illegal streams, you risk letting criminals into your laptop or phone,

0:24.4

making it easy to steal from you.

0:26.4

Illegal streams let criminals in.

0:28.5

BeStreamwise.com.

0:30.6

This episode is brought to you by Shopify.

0:33.0

Looking to start a side hustle or become your own boss?

0:35.8

Do it with Shopify.

0:37.0

Whether you're selling succulence or stilettos,

0:39.3

Shopify has the industry leading tools to help you create, control and grow your own business.

0:43.9

So get serious about selling and get Shopify today.

0:47.0

Sign up for a £1 per month trial period at Shopify.com.

0:50.6

com slash special offer or lowercase.

0:53.2

That's Shopify.comaek slash special offer or lowercase that's shopify dot k k slash special offer

...

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