ANSWERS: 4
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What kind of business? Did the person with the money not have any time or ideas?
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Most business models say to expect it to take one to two years to break even, in other words to start turning a profit. Up until that time, all the income will be spent on expenses, including paying back the original investor.
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The business is a massage therapy clinic and oxygen bar. The other partners have brought ideas, as much time as i have, and all of the money. I am still working my way through college, and do not have a job, so i was not able to help financially.
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I've had a Country Store/Cafe for almost 5 years now and it's only been making a small profit for the last 2 years. And during this recession I've had to rely on other income to pay big bills several times. Just the light bill is $1500 per month.
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