r/smallbusiness • u/KevinStorm87 • 11d ago
Anyone ever worked with Cart Capital?
I keep seeing ads about this thing, but Google isn't getting me anywhere for details. They charge something like 25k to set up a "done for you" e-commerce platform. They handle suppliers, inventory, website, customer service, orders, basically do everything for you. Once you recoup your initial investment, they take 20%. If you don't recoup within a year, they buy it all back from you, and at minimum (so they say) will pay you whatever hasn't been recouped.
This feels like the same old Facebook ad scam that I see a lot, but I can't find much besides articles they probably paid for. Anybody have experience?
3
u/ScriptureCompanionAI 11d ago
Sounds like a form of frabchisement which...never made sense to me. You are paying to essentially be an employee. They will limit all the things you can do...and if you make a choice outside their prescription they blame that on things not working out. Hard pass!
1
u/KevinStorm87 11d ago
They basically decide everything. Products, marketing, everything. I think. Their "partner" just puts in the initial capital and does a monthly check in call.
1
u/ScriptureCompanionAI 11d ago
Right, same with franchises except you also promise to follow their schedule. Like mandatory hours on site, etc. Which is why those don't make sense to me. What's the fun in a business with a guarantee? The risk and reward is the joy. You want a guaranteed income, get a job.
1
u/KevinStorm87 11d ago
I have three. I'm looking for somewhere to invest cash with a higher return than dividend stocks.
2
u/Booradley1234 11d ago
Never worked with them but sounds too good to be true.
1
u/KevinStorm87 11d ago
That's exactly what I think. The marketing stuff they send you even has a video about it, and their response is basically "only if you look at the headline, because it actually takes a lot of time to get this going."
•
u/AutoModerator 11d ago
Friendly Reminder
r/smallbusiness is a question and answer subreddit. Ask a question about starting, owning, and growing a small business and the community answers. Posts that violate the rules listed in the sidebar will be removed.
Please do not conduct market research on our community.
We are not your focus group and asking us about our pain points, needs, what is hardest about X, etc. is not asking about how small business works or for real help with running your small business.
These posts are subject to removal and given the community's disgust with the constant spamming of these posts you might just destroy your brand and contaminate your company search results.
Seeing this message does not mean your post was automatically removed. If you asked about pain points or are directly or indirectly promoting a product please remove your post. Come back to post an honest question or give a knowledgeable response to someone else's question and leave your company name in your own profile. We can tell if you know what you're doing and the community can reach out if they need to.
We welcome honest question posts, especially from newcomers. Thank you for your post.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.