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Help answer this question below.
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.
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.
What kind of business? Did the person with the money not have any time or ideas?
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.
Looking for a payroll compny 4 a very small business w/ very small staff. We don't want to deal with the headache of payroll. Suggestions?
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You're reading In a new business, how much of a percentage of the business can i expect bringing none of the cash to get the business up and running. I did bring my time and ideas but was not able to help financially.
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