I'm trying to start a business. I have no equity I can call my own except for a financed car.

[Yo_Mama]

42. If somebody is going to put up all the capital they'll want a hell of a lot more than that

I'm not saying you shouldn't do it. I'm not saying that it won't work. I am trying to gently say that you don't have a good business plan because you don't really have anything of value to offer an investor.

How much in annual sales/gross profit do you expect to clear annually? Deduct whatever you were planning to use to live on.

Also, be aware that you are buying a 12-14 hour a day job seven days a week.

Also, if you and your dad have a business venture together, wouldn't you just be leaving him flat? Don't think you can hire someone to do what needs to be done for the franchise. You can't.

The way these things work is that you take {investment + (net investment return)}/expected loss ratio. So in two years, if 50%-60% of such ventures fail (and they do fail at about that rate), and the expected return the investor can get on his money is 10-15%, it's a bad deal for anyone who would put up the money. The investor is taking all the risks and you are getting 50% of the rewards? Why would ANYONE do that?

Also, the house flipping biz is currently a competitor, and the expected loss ratios are a lot lower for that, plus the expected returns are either better or similar.

I agree with those who suggest you start small. That is more realistic.