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re: Would you start a business right now

Posted on 7/31/21 at 12:48 pm to
Posted by Ed Osteen
Member since Oct 2007
59224 posts
Posted on 7/31/21 at 12:48 pm to
Please don’t tell me you are trying to open up a real rehab but make it seasonal, they don’t work like that for a reason
This post was edited on 7/31/21 at 12:50 pm
Posted by MrWalkingMan
Republic of West Florida
Member since Aug 2010
8518 posts
Posted on 7/31/21 at 12:49 pm to
quote:

It’s seasonal and would start in earnest around Jan

Your king cake baking operation should be fine
Posted by olgoi khorkhoi
priapism survivor
Member since May 2011
16741 posts
Posted on 7/31/21 at 1:14 pm to
quote:

Please don’t tell me you are trying to open up a real rehab but make it seasonal, they don’t work like that for a reason






It’s outdoors. Camping. From late spring to early fall, but the pieces have to all be in place by Jan and money outlay to get the pieces in place begins this fall.
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 7/31/21 at 1:14 pm to
Without knowing what it is it's hard to say.

What I can say is that we have blown our 2019 and 2020 numbers out of the water already. At least in our sector it is a boom economy.
Posted by BayouBengal23
BR
Member since Mar 2019
633 posts
Posted on 7/31/21 at 1:21 pm to
Need advice regarding this subject from the OT elite. I have a solid business idea, business plan, numbers, and data to prove good results. Next step is talk to a bank and get the SBA loan for about 400-500k. The only issue is they need 20% down. And I don’t have 100k lying around. What are the options here
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 7/31/21 at 1:24 pm to
Honestly, the OP and your question should be on the Money Board. You'll get the best responses there.
Posted by olgoi khorkhoi
priapism survivor
Member since May 2011
16741 posts
Posted on 7/31/21 at 1:25 pm to
Mine’s not a money question, it’s a fear question.
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 7/31/21 at 1:45 pm to
Leap of faith. You have to believe in yourself.

ETA: I started my current business 12 years ago with an $8000 deposit check from a client.
This post was edited on 7/31/21 at 1:56 pm
Posted by turnpiketiger
Member since May 2020
12243 posts
Posted on 4/27/22 at 12:31 pm to
quote:

more lockdowns looking increasingly likely by the day?


Based on what? I’ve seen nothing to even remotely indicate this. I would love to know where you are getting your info. Sounds made up.
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