Thinking about starting my own company

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Aug 12, 2009 | 12:29 AM

#31

PappyDan

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From: Texas

Quote:

Originally Posted by Spoolin

I'd say go for it but make a business plan before you spend a cent on anything else. What is it like 85% of all small business fail withing on year of opening. And 95% of those did not have a business plan. Think about it.

i would not say 95%, more like 45% did not have a plan, the other 50%,
got stupid with their money, charging cards out to the max, picking up new cars, buying stuff they realy did not need with the hope that the money will always keep flowing in.
every business has it's ups and downs, it's on and off seasons.
for the stupid, a moutain of debt will kill your dreams quick.