Quote:
Originally Posted by fostereast
If you think it will cost 250K to get started, you probably should be ready to back it up with another 500k or so.
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Quote:
Originally Posted by patrickt
Never go in to business because it would be fun to do.  Business is about making money; hobbies are for fun. |
Great advice on both counts. Most businesses run out of working capital before they can "get over the hump." I do M&A work for a living (domestically and internationally). I've seen what this recession can do to what appeared to be a solid business model.
Good luck with your venture...I hope it brings you prosperity and satisfaction.
-Dean