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Slow Poke
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The Trinituner Entrepreneurship/Self Employed/ Side Hustle Thread

Postby Slow Poke » January 5th, 2009, 12:20 pm

just need a lil info folks to those who already or in the process of starting a magazine

#registration-legal affairs said use newspaper form, did a search for a name similar to another business but totally unrelated can i still use the name i want as a trade mark under another company?

*publisher-do i have to register as the publisher as well seeing as i may be setting the layout?

*printer-looking at internet options

and aslo what else is required or necessary thanks in advance

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Postby Maserati » January 5th, 2009, 12:52 pm

best bet is to contact Zorce and or the guys who are producing sixth speed magazines

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Postby Paradoxx » January 5th, 2009, 4:05 pm

you need employees...thats where I come in. I do advertising, journalism, graphic design and photography.

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MAZTUNE
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Postby MAZTUNE » January 5th, 2009, 4:11 pm

what kinda mag u wanna do? just look for d market dat not existing in Trinidad and go for it. like Zorce is car lifestyle and Sixth Speed is performance oriented.

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MG Man
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Postby MG Man » January 5th, 2009, 4:19 pm

MAZTUNE wrote:just look for d market dat not existing in Trinidad and go for it. .


men who love transvestites who abuse waterfowl

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.:PROZAC:..
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Postby .:PROZAC:.. » January 5th, 2009, 5:00 pm

you obviously never check the rack behind the bakery bread in Hi Lo south.

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Slow Poke
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Postby Slow Poke » January 5th, 2009, 5:41 pm

thanks it pertains to the health fitness and beauty industry throughout the caribbean

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Postby Paradoxx » January 5th, 2009, 6:42 pm

Slow Poke, I serious eh dread.....if you looking for help I dont mind because I plan on going into journalism and already have some experience in graphic design.

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15 Companies that might not Survive 2009

Postby equipped2ripp » February 9th, 2009, 1:37 pm

15 Companies That Might Not Survive 2009

* Rick Newman
* Friday February 6, 2009, 11:53 am EST

Who's next?

With consumers shutting their wallets and corporate revenues plunging, the business landscape may start to resemble a graveyard in 2009. Household names like Circuit City and Linens 'n Things have already perished. And chances are, those bankruptcies were just an early warning sign of a much broader epidemic.

Moody's Investors Service, for instance, predicts that the default rate on corporate bonds - which foretells bankruptcies - will be three times higher in 2009 than in 2008, and 15 times higher than in 2007. That could equate to 25 significant bankruptcies per month.

We examined ratings from Moody's and data from other sources to develop a short list of potential victims that ought to be familiar to most consumers. Many of these firms are in industries directly hit by the slowdown in consumer spending, such as retail, automotive, housing and entertainment.

But there are other common threads. Most of these firms have limited cash for a rainy day, and a lot of debt, with large interest payments due over the next year. In ordinary times, it might not be so hard to refinance loans, or get new ones, to help keep the cash flowing. But in an acute credit crunch it's a different story, and at companies where sales are down and going lower, skittish lenders may refuse to grant any more credit. It's a terrible time to be cash-poor.


That's why Moody's assigns most of these firms its lowest rating for short-term liquidity. And all the firms on this list have long-term debt that Moody's rates Caa or lower, which means the borrower is considered at least a "very high" credit risk.

Once a company defaults on its debt, or fails to make a payment, the next step is usually a Chapter 11 bankruptcy filing. Some firms continue to operate while in Chapter 11, retaining many of their employees. Those firms often shed debt, restructure, and emerge from bankruptcy as healthier companies.

But it takes fresh financing to do that, and with money scarce, more bankrupt firms than usual are likely to liquidate - like Circuit City. That's why corporate failures are likely to be a major drag on the economy in 2009: In a liquidation, the entire workforce often gets axed, with little or no severance. That will only add to unemployment, which could hit 9 or even 10 percent by the end of the year.


It's possible that none of the firms on this list will liquidate, or even declare Chapter 11. Some may come up with unexpected revenue or creative financing that helps avert bankruptcy, while others could be purchased in whole or in part by creditors or other investors. But one way or another, the following 15 firms will probably look a lot different a year from now than they do today:


Rite Aid. (Ticker symbol: RAD; about 100,000 employees; 1-year stock-price decline: 92%). This drugstore chain tried to boost its performance by acquiring competitors Brooks and Eckerd in 2007. But there have been some nasty side effects, like a huge debt load that makes it the most leveraged drugstore chain in the U.S., according to Zacks Equity Research. That big retail investment came just as megadiscounter Wal-Mart was starting to sell prescription drugs, and consumers were starting to cut bank on spending. Management has twice lowered its outlook for 2009. Prognosis: Mounting losses, with no turnaround in sight.


Claire's Stores. (Privately owned; about 18,000 employees.) Leon Black's once-renowned private-equity firm, the Apollo Group, paid $3.1 billion for this trendy teen-focused accessory store in 2007, when buyout funds were bulging. But cash flow has been negative for much of the past year and analysts believe Claire's is close to defaulting on its debt. A horrible retail outlook for 2009 offers no relief, suggesting Claire's could follow Linens 'n Things - another Apollo purchase - and declare Chapter 11, possibly shuttering all of its 3,000-plus stores.


Chrysler. (Privately owned; about 55,000 employees). It's never a good sign when management insists the company is not going out of business, which is what CEO Bob Nardelli has been doing lately. Of the three Detroit automakers, Chrysler is the most endangered, with a product portfolio that's overreliant on gas-guzzling trucks and SUVs and almost totally devoid of compelling small cars. A recent deal with Fiat seems dubious, since the Italian automaker doesn't have to pony up any money, and Chrysler desperately needs cash. The company is quickly burning through $4 billion in government bailout money, and with car sales down 40 percent from recent peaks, Chrysler may be the weakling that can't cut it in tough times.


Dollar Thrifty Automotive Group. (DTG; about 7,000 employees; stock down 95%). This car-rental company is a small player compared to Enterprise, Hertz, and Avis Budget. It's also more reliant on leisure travelers, and therefore more susceptible to a downturn as consumers cut spending. Dollar Thrifty is also closely tied to Chrysler, which supplies 80 percent of its fleet. Moody's predicts that if Chrysler declares Chapter 11, Dollar Thrifty would suffer deeply as well.


Realogy Corp. (Privately owned; about 13,000 employees). It's the biggest real-estate brokerage firm in the country, but that's a bad thing when there are double-digit declines in both sales and prices, as there were in 2009. Realogy, which includes the Coldwell Banker, ERA, and Sotheby's franchises, also carries a high debt load, dating to its purchase by the Apollo Group in 2007 - the very moment when the housing market was starting to invert from a soaring ride into a sickening nosedive. Realogy has been trying to refinance much of its debt, prompting lawsuits. One deal was denied by a judge in December, reducing the firm's already tight wiggle room.


Station Casinos. (Privately owned, about 14,000 employees). Las Vegas has already been creamed by a biblical real-estate bust, and now it may face the loss of its home-grown gambling joints, too. Station - which runs 15 casinos off the strip that cater to locals - recently failed to make a key interest payment, which is often one of the last steps before a Chapter 11 filing. For once, the house seems likely to lose.


Loehmann's Capital Corp. (Privately owned; about 1,500 employees). This clothing chain has the right formula for lean times, offering women's clothing at discount prices. But the consumer pullback is hitting just about every retailer, and Loehmann's has a lot less cash to ride out a drought than competitors like Nordstrom Rack and TJ Maxx. If Loehmann's doesn't get additional financing in 2009 - a dicey proposition, given skyrocketing unemployment and plunging spending - the chain could run out of cash.


Sbarro. (Privately owned; about 5,500 employees). It's not the pizza that's the problem. Many of this chain's 1,100 storefronts are in malls, which is a double whammy: Traffic is down, since consumers have put away their wallets. Sbarro can't really boost revenue by adding a breakfast or late-night menu, like other chains have done. And competitors like Domino's and Pizza Hut have less debt and stronger cash flow, which could intensify pressure on Sbarro as key debt payments come due in 2009.


Six Flags. (SIX; about 30,000 employees; stock down 84%). This theme-park operator has been losing money for several years, and selling off properties to try to pay down debt and get back into the black. But the ride may end prematurely. Moody's expects cash flow to be negative in 2009, and if consumers aren't spending during the peak summer season, that could imperil the company's ability to pay debts coming due later this year and in 2010.

Blockbuster. (BBI; about 60,000 employees; stock down 57%). The video-rental chain has burned cash while trying to figure out how to maximize fees without alienating customers. Its operating income has started to improve just as consumers are cutting back, even on movies. Video stores in general are under pressure as they compete with cable and Internet operators offering the same titles. A key test of Blockbuster's viability will come when two credit lines expire in August. One possible outcome, according to Valueline, is that investors take the company private and then go public again when market conditions are better.


Krispy Kreme. (KKD; about 4,000 employees; stock down 50%). The donuts might be good, but Krispy Kreme overestimated Americans' appetite - and that's saying something. This chain overexpanded during the donut heyday of the 1990s - taking on a lot of debt - and now requires high volumes to meet expenses and interest payments. The company has cut costs and closed underperforming stores, but still hasn't earned an operating profit in three years. And now that consumers are cutting back on everything, such improvements may fail to offset top-line declines, leading Krispy Kreme to seek some kind of relief from lenders over the next year.


Landry's Restaurants. (LNY; about 17,000 employees; stock down 66%). This restaurant chain, which operates Chart House, Rainforest Café, and other eateries, needs $400 million in new financing to finalize a buyout deal dating to last June. If lenders come through, the company should have enough cash to ride out the recession. But at least two banks have already balked, leading to downgrades of the company's debt and the prospect of a cash-flow crunch.


Sirius Satellite Radio. (SIRI - parent company; about 1,000 employees; stock down 96%). The music rocks, but satellite radio has yet to be profitable, and huge contracts for performers like Howard Stern are looking unsustainable. Sirius is one of two satellite-radio services owned by parent company Sirius XM, which was formed when Sirius and XM merged last year. So far, the merger hasn't generated the savings needed to make the company profitable, and Moody's thinks there's a "high likelihood" that Sirius will fail to repay or refinance its debt in 2009. One outcome could be a takeover, at distressed prices, by other firms active in the satellite business.


Trump Entertainment Resorts Holdings. (TRMP; about 9,500 employees; stock down 94%). The casino company made famous by The Donald has received several extensions on interest payments, while it tries to sell at least one of its Atlantic City properties and pay down a stack of debt. But with casino buyers scarce, competition circling, and gamblers nursing their losses from the recession, Trump Entertainment may face long odds of skirting bankruptcy.


BearingPoint. (BGPT; about 16,000 employees; stock down 21%). This Virginia-based consulting firm, spun out of KPMG in 2001, is struggling to solve its own operating problems. The firm has consistently lost money, revenue has been falling, and management stopped issuing earnings guidance in 2008. Stable government contracts generate about 30 percent of the firm's business, but the firm may sell other divisions to help pay off debt. With a key interest payment due in April, management needs to hustle - or devise its own exit strategy.


http://finance.yahoo.com/news/15-Compan ... 79875.html

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SR
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Postby SR » February 9th, 2009, 2:32 pm

dollar car rental wont be able to compete with lower pricing on car rentals from bigger companines

at one pt in time they use to have some of the best rates out of miami airport

now when a comparison is done there are other companies beating them and have vehilces available

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Postby Rebelb14 » February 9th, 2009, 2:35 pm

NNNNNNNNNNNNNNNNNOOOOOOOOOOOOOOO not sbarro.... :shock:

So many wonderful memories :cry:

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Postby honda hoe » February 9th, 2009, 2:41 pm

blockbuster has been goin down the drain since the advent of netflix

same thing wit videogames since gamefly came out... its a wonder EBGames not on dat list

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ek4ever
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Postby ek4ever » February 9th, 2009, 3:26 pm

Interesting....no IT companies on that list.....hmmmmm

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ru$$ell
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Postby ru$$ell » February 9th, 2009, 3:38 pm

Krispy Kreme

THose motherbitches !!! :x :x :x :x

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Postby SmokeyGTi » February 9th, 2009, 3:50 pm

Haha, Satellite radio's goin DOWN!!

Tonio2000
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whats the best type of business to open?

Postby Tonio2000 » July 1st, 2009, 10:57 am

I like working even though i have only worked once but, i'd like to start a business now, since February i have been looking at the idea but i think i am ready to go into it, but i need help i have a few ideas but i wanna see if anyone else has anything that i can consider.

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Postby Greypatch » July 1st, 2009, 10:59 am

Grocery ,....man have to eat ah food

barber....must cut hair...

clothes store.....cya run round de place nakedd

rum shop....need i say more..

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rodfarva
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Postby rodfarva » July 1st, 2009, 10:59 am

sell mountain dew by the gb highway intersection

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Postby Hotxspicy » July 1st, 2009, 11:06 am

Honestly any food place...

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Postby Razkal » July 1st, 2009, 11:06 am

^sell cigarettes there :idea:

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Postby Spring Chkn » July 1st, 2009, 11:07 am

based on present market conditions..... a funeral home... in the morvant/laventille area.. you can offer group (gang) discounts.

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RASC
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Postby RASC » July 1st, 2009, 11:08 am

One that your heart is in :wink: Anything else you will tire of QUICKLY!

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Ignorant Ignis
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Postby Ignorant Ignis » July 1st, 2009, 11:08 am

rum shop ....... and not no nice sports bar crap ......

a dirty rumshop ......

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RASC
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Postby RASC » July 1st, 2009, 11:11 am

Ignorant Ignis wrote:rum shop ....... and not no nice sports bar crap ......

a dirty rumshop ......


Good advice...in the states they call them "DIVE BARS" they almost always stay in business for EONS :!:

When last you see a "RUMSHOP" shut down for lack of patronage? :lol: You see ppl don't go there because it's "cool" they go there cause they want to drink!

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Wolfie
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Postby Wolfie » July 1st, 2009, 11:15 am

depends on your capital.

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adri 2nr
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Postby adri 2nr » July 1st, 2009, 11:16 am

Guest house
put it about 5 mins from a club

sure to make money

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crazybalhead
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Postby crazybalhead » July 1st, 2009, 11:26 am

Make fares.

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nareshseep
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Postby nareshseep » July 1st, 2009, 11:31 am

adri 2nr wrote:Guest house
put it about 5 mins from a club

sure to make money


or put club next to guest house

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tourniquet
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Postby tourniquet » July 1st, 2009, 11:43 am

RASC wrote:
Ignorant Ignis wrote:rum shop ....... and not no nice sports bar crap ......

a dirty rumshop ......


Good advice...in the states they call them "DIVE BARS" they almost always stay in business for EONS :!:

When last you see a "RUMSHOP" shut down for lack of patronage? :lol: You see ppl don't go there because it's "cool" they go there cause they want to drink!
i love dive bars; there's no sense of pretentiousness, no one talks about how much money they made that month, and if you only try to hit on a girl by telling her how much your shiny new bmw cost, you're liable to get your ass kicked..........more than likely, from the girl :lol: :lol:
for me though, what really makes or breaks a dive bar are the bartenders; once they have a decent, sociable personality, people will keep coming back again and again. That doesn't apply to trini rumshops though, I've seen owners cuss and even throw people out, and a few days later the same people will return normal normal :? :lol: :lol:

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Kittles
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Postby Kittles » July 1st, 2009, 11:44 am

A rum n roti shop :o

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