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re: Starting Your Own Business: Early questions

Posted on 1/14/14 at 8:18 pm to
Posted by GregYoureMyBoyBlue
Member since Apr 2011
2963 posts
Posted on 1/14/14 at 8:18 pm to
quote:

I decided going in I would give my business 6 months to be self-sustaining.


I assume this is referring to a lifestyle business and not a venture business right?

To OP: Depending on what your goals are for the business should narrow down what you need to have from a cash flow perspective. Brewery/Distilleries are popping up everywhere so be sure to look at your market and see if it's saturated or not. I vet business plans daily and have seen at least 4-5 distillery shops just in the past month or so.
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