Lease Purchase through (insert company here) is bad!

It takes alot of work to make it, my wife an I stay out around 3-4months at a time go home for at most a week.

 

I will kind of agree with that to a certain degree and that is why I say that a lot is from recruiting. But even without recruiting I would still be averaging over $1300 a week. The OP said you can't make any money in a lease purchase which is wrong. I was in 2 truck lease programs before this lease purchase I am in now and I made money in all of them. I just love when people say you can't do something when truth is you can do it and people do it every day. Truth is that he can't do it because he decided he can't.

 

I'd like to see financial statements to support that.

 

I've known BigKid for some time now, and its my opinion that his character is such that he is not prone to making material misstatments of fact.

Any given settlement statement is only a snapshot. You can cherry-pick one that is sterling, or hide the ones that aren't so. It boils down to a long-term average. If he says 1300 is average, I'm sure BigKid is just as capable as you are of doing elementary-school arithmentic.

 

Opinions are great, but when you are talking a business and 6 digit incomes and expenses I don't want opinions, I want facts. Opinions lead to assumptions and that leads to bad decisions.

a bank will ask for a business for 3 years worth of financial statements.

if you are going to consider investing in a company, you would be prudent to ask for 3 years worth of financial statements.

If you are going to make claims for a business, you would be wise to be able to support them with 3 years worth of financial statements.


If he is claiming he is making $1300 a week and doing it without recruiting, then prove it with factual financial statements. It's a better sales pitch than just stating an opinion.


If you can't, business-wise, you are blowing smoke.

 

So how much are you investing in my business? The only way I could possibly do that is by giving the sign on info to my company payroll site to prove the numbers are not made up. I can't do that and neither would you.

 

consider it a recruitment effort on your part. Especially considering how big of a revenue source you state this is for you.

If it was really that important, you would figure a way out.

There are programs that allow you to print to PDF as well.

I am sure you can print records for yourself and your personal files as well.

How hard is that and then red-ink the personal information and then rescan with it all blocked out.

 

I have 2 ways to access the Internet on the road an iPhone and an IPad. No printer no scanner.

 

your company doesn't allow you to download your financials in a monthly or quarterly format?

Or even an annual?

 

Unlike most on here that seem to state leases are worthless, I do not always agree. I have known many who have done well.

But the accountant in me, tells me one thing and yet you present another.

If it is so "easy" to know the correct amount, why not report it?

No one is interested in the amount of income generated for recruiting. It certainly has nothing to do with the profitablity of a lease with that company.