1st Year Costs Opening Book Offshore

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  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388189

    #1
    1st Year Costs Opening Book Offshore
    • [*=1]$15,000 – Costs Rica license (one of the cheapest and least invasive)
      [*=1]$10,000 – Quarterly fees to Costa Rica ($2,500 per quarter)
      [*=1]$8,000 – Building website
      [*=1]$10,000 – Banking fees (i.e. ************, wire, eWallets)
      [*=1]$15,000 – Annual office rent
      [*=1]$8,000 – Utilities
      [*=1]$1,000 – Dedicated server
      [*=1]$100,000 – Costa Rican employees (customer service, IT, marketing)
      [*=1]Total for First Year = $167,000
  • KVB
    SBR Aristocracy
    • 05-29-14
    • 74817

    #2
    Wow that rent is cheap.
    Comment
    • jtoler
      BARRELED IN @ SBR!
      • 12-17-13
      • 30967

      #3
      great accounting just round everything up to the nearest thousand
      Comment
      • bonzaii
        SBR Hall of Famer
        • 07-07-17
        • 5000

        #4
        You thinking about going rogue JJ?
        Comment
        • jjgold
          SBR Aristocracy
          • 07-20-05
          • 388189

          #5
          no
          I have $50 to my name right now
          Comment
          • RudyRuetigger
            SBR Aristocracy
            • 08-24-10
            • 65086

            #6
            what is that in USD?

            $17.43?
            Comment
            • Outsider626
              SBR Wise Guy
              • 09-10-16
              • 855

              #7
              Forgot the huge chunk that will have to be paid to CR mafia for protection.
              Comment
              • jjgold
                SBR Aristocracy
                • 07-20-05
                • 388189

                #8
                USA 10x or more
                Comment
                • juicername
                  SBR Hall of Famer
                  • 10-14-15
                  • 6906

                  #9
                  Isn't $10,000 quarterly fee a rip off if it's $2,500 per month?
                  Comment
                  • jjgold
                    SBR Aristocracy
                    • 07-20-05
                    • 388189

                    #10
                    juicer I do not know

                    good question
                    Comment
                    • Reload
                      SBR Posting Legend
                      • 03-23-08
                      • 12244

                      #11
                      Have a feeling there will be more than the "quarterly fees" to operate. Ever see the "Runner Runner" movie?
                      Comment
                      • Big Bear
                        SBR Aristocracy
                        • 11-01-11
                        • 43253

                        #12
                        Originally posted by jjgold
                        • [*=1]$15,000 – Costs Rica license (one of the cheapest and least invasive)
                          [*=1]$10,000 – Quarterly fees to Costa Rica ($2,500 per quarter)
                          [*=1]$8,000 – Building website
                          [*=1]$10,000 – Banking fees (i.e. ************, wire, eWallets)
                          [*=1]$15,000 – Annual office rent
                          [*=1]$8,000 – Utilities
                          [*=1]$1,000 – Dedicated server
                          [*=1]$100,000 – Costa Rican employees (customer service, IT, marketing)
                          [*=1]Total for First Year = $167,000
                        Best thread you have ever made

                        now keep that thinking hat on

                        no crack for you today
                        Comment
                        • dark star
                          SBR MVP
                          • 01-04-09
                          • 3900

                          #13
                          I had a book there many years ago with an old time poster, (JJ)was great BANANA DEL SUR. sweat the game ,not the payout.
                          Comment
                          • mpaschal34
                            SBR Posting Legend
                            • 02-04-13
                            • 12084

                            #14
                            What about body guard costs?
                            Comment
                            • hubie69
                              SBR Hall of Famer
                              • 09-16-10
                              • 7329

                              #15
                              Server(s) are far more than 1000 bucks....
                              Comment
                              • tatehill2000
                                SBR High Roller
                                • 05-17-07
                                • 187

                                #16
                                what about Pina Colada Servers? How much is that a month?
                                Comment
                                • jjgold
                                  SBR Aristocracy
                                  • 07-20-05
                                  • 388189

                                  #17
                                  CR very cheap men

                                  it is a very very very poor country
                                  Comment
                                  • Smoke
                                    SBR Aristocracy
                                    • 10-09-09
                                    • 48111

                                    #18
                                    Wise investment

                                    You will make that money back quickly

                                    Many losing gamblers
                                    Comment
                                    • DroopyDog
                                      SBR MVP
                                      • 11-03-16
                                      • 1255

                                      #19
                                      8k for a website build
                                      Comment
                                      • Sam Odom
                                        SBR Aristocracy
                                        • 10-30-05
                                        • 58063

                                        #20
                                        Coke = $30K a week
                                        Comment
                                        • BuckyOne
                                          SBR MVP
                                          • 01-02-15
                                          • 2728

                                          #21
                                          Interesting topic. You did not mention advertising/promotions? How are you going to get the customers?
                                          Comment
                                          • SlickFazzer
                                            SBR Posting Legend
                                            • 05-22-08
                                            • 20209

                                            #22
                                            Stay away - better ways to invest your capital.
                                            Comment
                                            • jjgold
                                              SBR Aristocracy
                                              • 07-20-05
                                              • 388189

                                              #23
                                              Guys the bottom line not too much startup although you better get customers quick or your done
                                              Comment
                                              • allabout the $$$
                                                SBR Hall of Famer
                                                • 04-17-10
                                                • 9837

                                                #24
                                                use a pph way cheaper!
                                                Comment
                                                • Optional
                                                  Administrator
                                                  • 06-10-10
                                                  • 60800

                                                  #25
                                                  $50K turnkey Curacao licensed setup with everything.

                                                  Another 100k on some English football team shirt sponsor.

                                                  And spend your other 17k on some CS help and social media marketers.

                                                  What's the office for?
                                                  .
                                                  Comment
                                                  • jjgold
                                                    SBR Aristocracy
                                                    • 07-20-05
                                                    • 388189

                                                    #26
                                                    need an office to be professional and have transparency

                                                    Some books in UK like 75K meaning walk up shops
                                                    Comment
                                                    • sam9ball
                                                      SBR MVP
                                                      • 07-01-09
                                                      • 4454

                                                      #27
                                                      Too Low cost more then that.
                                                      Comment
                                                      • Optional
                                                        Administrator
                                                        • 06-10-10
                                                        • 60800

                                                        #28
                                                        Originally posted by sam9ball
                                                        Too Low cost more then that.
                                                        Do you know how much Tony had to win before it was better for the owner to give him 5Dimes instead of pay out?
                                                        .
                                                        Comment
                                                        • Joey Vigs
                                                          SBR MVP
                                                          • 06-10-18
                                                          • 1425

                                                          #29
                                                          Originally posted by jjgold
                                                          • [*=1]$15,000 – Costs Rica license (one of the cheapest and least invasive)
                                                            [*=1]$10,000 – Quarterly fees to Costa Rica ($2,500 per quarter)
                                                            [*=1]$8,000 – Building website
                                                            [*=1]$10,000 – Banking fees (i.e. ************, wire, eWallets)
                                                            [*=1]$15,000 – Annual office rent
                                                            [*=1]$8,000 – Utilities
                                                            [*=1]$1,000 – Dedicated server
                                                            [*=1]$100,000 – Costa Rican employees (customer service, IT, marketing)
                                                            [*=1]Total for First Year = $167,000
                                                          k..
                                                          Comment
                                                          • jjgold
                                                            SBR Aristocracy
                                                            • 07-20-05
                                                            • 388189

                                                            #30
                                                            I would think maybe another 50,000 the most to get this going down there
                                                            Comment
                                                            • Gaze73
                                                              SBR MVP
                                                              • 01-27-14
                                                              • 3291

                                                              #31
                                                              What about marketing costs? You can pay the 167k but it's worthless when nobody even knows you exist, and even if we did you'd have to offer something good that other A+ books don't.
                                                              Comment
                                                              • Chi_archie
                                                                SBR Aristocracy
                                                                • 07-22-08
                                                                • 63165

                                                                #32
                                                                What is Blackie from Rebate wager and Black Dog doing these days?


                                                                did he spend all his $ on bikini models for Sbr Videos?
                                                                Comment
                                                                • pavyracer
                                                                  SBR Aristocracy
                                                                  • 04-12-07
                                                                  • 82497

                                                                  #33
                                                                  $100,000 for employees? So do they have just 2 employees per book? No wonder customer service sucks.
                                                                  Comment
                                                                  • rm18
                                                                    SBR Posting Legend
                                                                    • 09-20-05
                                                                    • 22291

                                                                    #34
                                                                    Need a bankroll to pay winning players too
                                                                    Comment
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