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re: Start up failure options
Posted on 3/28/24 at 9:26 am to BayouBengal23
Posted on 3/28/24 at 9:26 am to BayouBengal23
quote:
Rather not spill the beans but it’s a service based business for large commercial properties. Similar to a cleaning company
If they are going with the "local guy every time" then there are no beans to spill. Others are obviously doing that.
Having said that and in being a business owner, I would say it takes 1 to 2 years to become profitable. We purchased another business about a year ago that was horribly managed. It was going to close. In about a years time, We are still not paying ourselves from it even though it appears we have turned that business around.
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