I know of someone who invested a good 6 numbers in a food business: pares in multi storey commercial condominium. It was all go go go. Rah rah affair. Group prressure. A gang cheering to go ahead
You guess it right - there was not enough traffic, not enough revenue, and the business collapsed in a matter of months. The poor investor who borrowed most of the investment now could not even afford to pay living expenses.
Plan think through your business carefully before going into one.
For inquiries into business plan preparation, contact 0908 - 928 7888 or gmail profjorgeentrep@gmail.com
