Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (430733)	10/28/2008 10:53:15 AM
From: combjelly	3 Recommendations Read Replies (5) of 1573829

"CJ is just repeating himself. No way Joe the Plumber could ever hope to acquire a small business." And the Tenchu signature straw man strides out to do battle... I dunno what kind of fairyland you inhabit, but in the real world opportunities to make $250k or more a year take things like hard work or rich relatives. They just aren't laying around on the ground to be picked up like pebbles. A business that generates $250k in net profits has sales of in excess of $1 million, probably closer to $2 million. And probably has more than 10 employees, maybe a lot more depending on exactly what the business is. In other words, we aren't talking about a mom and pop. Look at it this way. Say you could buy such a business for $1 million. With a net income of $250k, you have a ROI of 25% per year. That just doesn't happen.

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