UPS Store franchises of United Parcel Service require only a $7,500 initial cash investment, but the company screens out applicants with a net worth below $150,000 and lacking less than $50,000 in cash or liquid assets.
Goodyear said that the moves would have no effect on cash flow but that they did put the company's net worth below the level required by covenants in its bank loan agreements.
It ought to be read as a companion piece to The Rector's Daughter and Worth (below), all three speaking volumes about the joys and pains that await cultured types who attempt a permanent life in the East Anglian countryside.
The next potential step for Indiegogo is a move into equity crowdfunding following a change to Title III of the US's Jobs Act, which now allows unaccredited investors earning less than $200,000 a year and with a net worth below $1m to invest in private companies.
The applicant must have a net worth below $250,000 (at the start of the contract)–and the right parentage.
They say that plenty of their target voters, in their 60s, give away assets and rearrange their affairs to get their net worth below the tax threshold.
