Advertising. Low maintainence profit.

[darkshark]

Hey everyone,

I've been dreaming, brainstorming, planning, and growing this idea for quite a few months now, but it's time to begin taking action.

I want to start a billboard company...scratch that...I AM starting a billboard company. I've worked as a graphic designer, CAD designer, and web advertising developer over the years, I know the ad industry pretty well, and know how benignly profitable it can be.

In the next 2 months or so, I'll have enough to put up my very first board, but I want MORE. Much more. The first few are going to be completely out-of-pocket expenses, which could make things hard on me, but once I have 3 or 4 up, the business will be completely self sufficient (and by this, I mean, the revenue generated from the boards each month will cover the cost of putting up yet another board the next month) so the business will grow exponentially from there. However I have some questions for some of the experienced entrepreneurs here.

Starting this business with a friend, good or bad?
At what point do I start hiring employees?
Anything I should know about dealing with state/county building licenses?

After the company is established, and bringing in substantial revenue...being a CAD designer and all...I've invented a one of a kind digital billboard, which, if produced and setup, would be able to generate more than 100k a month on its own, but that's not til down the line. Unless of course I can get an investor or three to lend me 150k...but I plan on working from the ground up I guess haha.

Any pitfalls I should really watch out for in starting up a business like this? I'm only 22, I've still got lots to learn, and would love if any of you could offer insight on the not-so-good aspects of something like this.

 

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[Gymjunkie]

Og zua jewi tunivjoph hsiev xovj zuas pix fohovem commcuesf vsz eqqsuedjoph ephim opwitvust epf tii og vjiz dep mipf zua nupiz. O fup'v vjopl umf vzqi ug commcuesft xomm ci hsiev catopitt cav og zua dep oppuwevi vjin vjip hu gus ov

 

[BurnBright]

Og zua dep qsuwi zuas nevj up vji fohovem commcuesf hu egvis e jesf nupiz mipfis epf hu emm fohovem. Og ov edvaemmz qezt uav 100L e nupvj gus e 150L uavmez xjz puv qez uav 20 -25 % up ficv ev mietv apvom zua dep caomf zuas cuesft uav ug detj gmux.

 

[Smooth]

Miwisehi miwisehi miwisehi!

 

[johnj34]

Zua fupv piif wipvasi deqovem.. Siqmz xovj zuas dupvedv opgusnevoup epf O xomm dupvedv zua. O'wi ciip op vji Opvispiv neslivoph catopitt topdi 1996, O jewi iwiszvjoph zua'f piif, gushiv wipvasi deqovem. Qsowevi nittehi ni up jisi og zua dep.