Good questions.They look great.
Some stupid questions - where would she have gotten the money to set up a bakery store? They are not cheap, at all, to set up. How would she have obtained financing? Neither she nor Marty have jobs from what I know.
Where did she learn to bake commercially? this probably sounds like one of those "duh' questions but knocking out a family recipe for a bundt cake is majorly different from baking many different things commercially - it is why chefs and bakers do apprenticeships or work their way up. This is not something that you just start doing - well not unless you are doing something incredibly specialized - and even then it takes a LONG time to set these things up. Learning to bake well is a long process - my wife is a great baker and makes some great stuff but I doubt that she could sustain a commercial activity with it.
And back, once again - to costs. What is paying for the supplies, the professional grade ovens, the rent the advertizing?
CUSTOMER REVIEW: "Wow, the cake was beyond my wildest dreams! It totally handled my charge on cakes! It was truly an Ideal Cake that created unprecedented levels of wins and we intend to buy MEST cakes from Monique for eternity, on this planet!" -B.Blowdown
She could have done, indeed.She could have gotten an inheritance you know - there are lejit ways to come into money.
What does Marty's company do BTW? Mimsey
Under Texas law, she's not allowed commercial equipment. She's using the oven that came with the house. All she needed was some flour, eggs, sugar ... whatever.She could have done, indeed.
But it has been my experience that inheritances are very few and far between. (Alas)
It is , seriously, a bug bear of mine, that I cannot just see things like this and just assume some magical solution. That somehow Marty and Monique just "made it go right".
It just does not work like that - Mike Laws would be an ideal person to talk to on this - he knows far, far more than I do about business and company financing.
There are things I do know - commercial equipment costs a LOT of money. A refrigerator for a food business can easily exceed 5K. Ovens are similarly priced. Learning how to bake takes a lot of time - something i have not seen that Monique has done.
So how did this get sold to investors or banks? I am assuming that they do not have the cash on hand (having just stiffed their lawyers) so it must have been credit of some kind - but how can you get credit for something like this without proven expertise and your own money? No bank in their right mind is going to lend money to someone to start a business that they have no track record in and absolutely no credit standing. If there is such a bank please send me the name of the loan officer there is a bridge in London I wish to buy.
It is just not possible. This whole thing does not make sense
Hmm.Under Texas law, she's not allowed commercial equipment. She's using the oven that came with the house. All she needed was some flour, eggs, sugar ... whatever.
Who is controlling if one can make DAILY 100 cakes for LA and 100 cakes for Clearwater with his home equipment or not if ona pays the taxes for the profit made with these (imaginary) cakes ? And the invoice for these (imaginery) cakes should be posssible to write on ones (home-)Personal-Computer in ones living room......... trying to make a commercial baking business using your own oven would not work.
If you really want to see something funny, look at the very amateur source code. Here is a screen shot... take a look at the top couple of lines:So I went to the newly register homepage of Wimoma.com to see what this company has to offer. Maybe some coffee for the cakes ? Or maybe butter for the rolls ?
The startpage has the title:
Then follows a lot of unimportant "Maaaaty's standard vomit" (which I didn't read). At the left are ads for Maaaatys worthless elaborates and at the bottom of the main page can be found this:
View attachment 13885
Coming soon ? .... Hmmmm, what will come soon ? Curious as I am I clicked the link and here is the answer what will come soon from WIMOMA LLC:
View attachment 13886
Scientology reloaded.... I kill myself laughing.
Marty the COB of Scientology 2.0 ? And maybe Alanzo will become the new prophet ? And "The Oracle" ?
.
.
The link given above your post details what she can and cannot do with a cottage business. She can deliver, or people can come to her house and get cakes, and so on. It's all at the link. I didn't know what the laws regarding cottage business' in Texas were either, so I looked it up.Hmm.
I do not know Texas law. I do know the laws of physics - trying to make a commercial baking business using your own oven would not work. I am not sure if you have tried to cook Thanksgiving for your family in your own home but it is something most people would only try once or twice a year. Not every day. The lack of professional washing equipment, tables, counters, refrigerators is daunting.
I'd be shocked if she sold 10 cakes month, with her only advertising being a Facebook page. It is also unlawful to make a "Buy button" on her page, so t's basically word-of-mouth. Like I said in an earlier post, it's the kind of thing suited to the life of a retired grandmother. It's not a career, or money maker.
I truly believed in Marty Rathbun back in the day.
I thought his whistleblowing was outstanding.
When he moved to near San Antonio, I sent him this Thomas Kinkade called "Garden of Promise" as housewarming gift.
I thought it symbolized a future of promise...who knows what would happen walking through those gates in the mist.
Recently this rare sold out image sold for $3500.
And I looked back at how Rathbun trashed me for 2 days solid on his blog and on Facebook for days...Of course he kept this Kinkade gift and all the generous cash donations....
So I have concluded that I am generous to a fault and sometimes beyond stupid. Oh well.
Hey, just because we talk about riding Harley's, that's not reason you couldn't have asked me. LOL. I've been setting up businesses and funding them (myself or with partners/investors) for 4 decades, so I might know a few tricks, lol.Originally Posted by Mick Wenlock
Mike Laws would be an ideal person to talk to on this - he knows far, far more than I do about business and company financing.
There are things I do know - commercial equipment costs a LOT of money. A refrigerator for a food business can easily exceed 5K. Ovens are similarly priced. Learning how to bake takes a lot of time - something i have not seen that Monique has done.
So how did this get sold to investors or banks? I am assuming that they do not have the cash on hand (having just stiffed their lawyers) so it must have been credit of some kind - but how can you get credit for something like this without proven expertise and your own money? No bank in their right mind is going to lend money to someone to start a business that they have no track record in and absolutely no credit standing. If there is such a bank please send me the name of the loan officer there is a bridge in London I wish to buy. It is just not possible. This whole thing does not make sense
What a lovely gift and what magnificent generosity that you supported Rathbun's activities (in part) with multiple cash endowments!I truly believed in Marty Rathbun back in the day.
I thought his whistleblowing was outstanding.
When he moved to near San Antonio, I sent him this Thomas Kinkade called "Garden of Promise" as housewarming gift.
I thought it symbolized a future of promise...who knows what would happen walking through those gates in the mist.
Recently this rare sold out image sold for $3500.
And I looked back at how Rathbun trashed me for 2 days solid on his blog and on Facebook for days...Of course he kept this Kinkade gift and all the generous cash donations....
So I have concluded that I am generous to a fault and sometimes beyond stupid. Oh well.
Hmm.
I do not know Texas law. I do know the laws of physics - trying to make a commercial baking business using your own oven would not work. I am not sure if you have tried to cook Thanksgiving for your family in your own home but it is something most people would only try once or twice a year. Not every day. The lack of professional washing equipment, tables, counters, refrigerators is daunting.
Exactly.The link given above your post details what she can and cannot do with a cottage business. She can deliver, or people can come to her house and get cakes, and so on. It's all at the link. I didn't know what the laws regarding cottage business' in Texas were either, so I looked it up.
I'd be shocked if she sold 10 cakes month, with her only advertising being a Facebook page. It is also unlawful to make a "Buy button" on her page, so t's basically word-of-mouth. Like I said in an earlier post, it's the kind of thing suited to the life of a retired grandmother. It's not a career, or money maker.