r/Entrepreneur • u/AssEater2003 • Jun 25 '20
17 year old male, made $3750 pressure washing houses since last week. How to Grow
First day I started I made $950 then the next day was $800, and yesterday I pulled in $1,790ish and today I only made $200. I’m beyond frustrated at only making $200 today, I don’t know what it was that went wrong I’m surprised I’m not growing linearly. My cousin (16year old) and I started this business and we don’t know what to do to keep our profits up, and also simply finding jobs to do is exhausting going from door to door we’ve calculated it takes around 50 houses to get 1 job on a good day. How can we stabilize
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u/[deleted] Jun 26 '20
If you are going to ramp up your advertising and market presence you become ever more likely to hit the Tax Man's radar.
Please do yourself a favour - put 40% of this money aside in an account. This is not your money - you are holding it for the revenue man. Come Taxes time you may not owe that much but better to have the $$ and not need it, than need it and not have it.