- - - - - - - -
>> nothing says loving like doing a startup with out proper funding or undercapitalization!
@mardigrasman:
How about a business plan? Small businesses
need to be aware that if they are going to cheat one of their most important assets
(their employees) then word will spread that they are a POS, especially today
when word can spread quickly on the web and in forums.
@BEVO: you are correct! I bet if you asked them if they had one, they would probably give you that deer with the headlights look ( that's what i get when i sit down with a new prospect and I ask them how much capital they have set aside to cover fixed expenses). The rule of thumb in the hospitality/restaurant industry is to have 6 months of working/liquid capital to cover fixed expenses while you establish your business/clientele. Too many times have i heard" if we could just get the doors open", only to see a location closed within 2-3 months after opening.I always tell them that you are not Kevin Kostner and if you build it, they may not come!Â
4951