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r/Business - Top Weekly Reddit

Brings you the best of your business section. From tips for running a business, to pitfalls to avoid, /r/business teaches you the smart moves and helps you dodge the foolish.

April 20, 2025  14:43:14

From everything from:

- Cars (Lamborghini, Ferrari, Maserati, etc.)

- Wine (Italy is the #1 exporter of wine)

- Fashion (Gucci, Prada, Dolce & Gabbana)

- Furniture (Longhi, Naos, Catellan)

- Eyewear (Luxxxotica owns 80% of this market)

Like why does Italy dominate this specific category and industry?

submitted by /u/ExotiquePlayboy
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April 23, 2025  14:04:28

They are now talking about 50% tariff. This will drive business owners crazy. How do you handle this roller coaster?

Market is loving it. Stocks are flying high.

submitted by /u/Morphius007
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April 23, 2025  14:50:15

I work in Financial Services and have done for years. I have enough capital behind me to be ok for a good couple of years if I earned nothing at all.

A business is up for sale, 25 yrs established, good revenue stream, reputation location and the vendor needs to sell due to health.

I’m looking at my next 10 -15 years of working life and need to make a decision on what I want.

Why should I not buy a business of this type? Ps I’ve always liked the idea of having my own business and I’m in a financial position where I could take a plunge….

submitted by /u/Unqwuntonqwanto
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April 23, 2025  21:29:01

They revert back to the norm instead of allowing remote work because they have no way to accurately measure productivity outside of metrics that can either be fudged or completely circumvented.

submitted by /u/tantamle
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April 22, 2025  00:43:06

I got an offer to buy an existing laundromat for 400 K. The Machines are about 10 years old. Space is about 3700 sq ft, and it's on lease. total machines: 30 washers and 31 dryers.

Space - 3700 sqft (current rent is based on very old lease terms and it is 18$ per sqft).

utilities about 100 K.

Payroll is 45K

Total expenses reported were 180K before the rent increase. After increase, it willbe at least 220K.

So, total revenue is not reported properly as per the owner, as he is taking salary out of the revenue. He does not have proper accounting. But with the help of agent, we were able to read the data from each machine and turn the data into a computer. We went through the last 14 days, and the total revenue came to about 9700$ for washers and 2400$ from dryers. So total revenue based on the data we ready is about 12100. Just to prorate per income ~ 26 x 12100 = 314600.

He has other vending machines for which we did not get any estimate. So that is not included here.

Cash flow with this coming to about 314600 - 220000 = 94600. (estimation based on the turns data read from each machine)

Not sure why, but the current owner has a price per wash at least 25% more than the nearest laundromat in 5 miles. Not sure if that is impacting his business.

The place is ok maintained. The owner does not address bad reviews on social media.

Almost no WDF and PUD service. I see some potential here based on the demographics around.

So given this situation. Is there anything I can ask him during due diligence?

Is the price of 400K right?. Is there any way the owner might be tampering with the turn's data as he is trying to sell?

If you have any questions, I will happily answer! Thank you

submitted by /u/Puzzleheaded_Bet7065
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April 19, 2025  05:43:16

Okay, is anyone else feeling the pain of shrinking merit budgets? This year, I had to stretch an already thin 3% pool, and convincing managers not to just give everyone the same percentage was like herding cats. Sure, we try to tie it to performance, but when the pool is this tight, it doesn't feel satisfying for anyone. Employees quietly grumble because 'no one's salary is actually moving,' and HR is stuck awkwardly explaining the company's 'budget priorities.' I'm starting to feel like we need to revisit the whole philosophy around annual raises. Motivating people with a less-than-inflation increase isn't working, especially when external offers look so tempting. Anyone else grappling with this? What are your organizations doing differently to address retention and motivation in this economic climate?

submitted by /u/StraightCategory2537
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April 20, 2025  20:51:38

I need help and advice, I haven’t been able to find a job in a year and I am struggling financially. I am applying to business analyst, financial analyst, business development rep, project manager, account manager, data analyst, pricing analyst positions and have found nothing. I get some interviews, interviewers like me, I get to the second sometimes the third and then I get ghosted. I don’t know what I am supposed to do. Is everyone struggling like this? My resume has over 4+ years of experience (I was working at my dad friend’s all throughout college) I have had my resume looked at by multiple experienced friends of mine who are also doing business. I feel so stuck.

submitted by /u/Every_Parking7495
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April 22, 2025  22:32:18

A crucial lesson from Benjamin Graham—the legendary investor who was a dear mentor to Warren Buffett—involves how different investing is from the other things we do.

April 21, 2025

submitted by /u/Choobeen
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April 18, 2025  02:13:55

I've been working on my fashion brand in China for nearly a year now (many ups and downs with different manufacturers). With the global trade tensions rising, I'm wondering if it is worth exploring other options.

China was ideal because it can scale fast + great materials + my 3PL was there so I don't need to ship it out of the country.

If you have a fashion brand or any advice what are you doing?

submitted by /u/babywitchesreign
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April 24, 2025  07:39:18

we are an international logistics company based in China, we have a lot of daily merchandise in our warehouse in LA, so we can sell it for a very cheap price like 2 dollars a piece, how can we create a small business to sell it directly from our warehouse

submitted by /u/Ilovemyseldandu98
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April 21, 2025  15:06:12

Really stupid question. I know I’m kinda stupid for doing this lol. I have an old corp that I haven’t done anything with and now would like to put it to good use. Incorporated 2017. It’s still active. I didn’t even have a bank account until today. Just opened it. Nor done taxes. I kinda need to “clean it up.” Taxes, etc. To get everything up to date. Can someone plz explain to me on where to start lol.

submitted by /u/LynxGeekNYC
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