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cpw13154

05/15/14 12:57 PM

#15563 RE: DD2Gain #15562

What makes you wonder about his business plan is why would you continue to expand when by the numbers we are seeing the last dozen or so places are not coming close to holding there own. Looks like numbers are getting worse. As for the payroll taxes the one thing working in his favor with the more places he has open the more in payroll taxes he has to use for 90 days. Look at it this way he collects payroll taxes lets say in January, February and March but has until the middle of to pay them in. By then he has already started collecting for next quarter. Trouble is the only way to keep ahead is increase the amount of payroll taxes you take in.As soon as you have 6 months of the same or similar amounts of tax money coming in your sunk. The prisons are full of CEO who got caught in that game. Not saying that's what he is doing but its tempting when you need to come up with cash to look at the restricted funds and see you have $200,000 in tax money that won't have to be sent for months and use it knowing you will have more coming in.