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Forum nameStartup Stew
Topic subjectRE: how long until my new business sees a profit?
Topic URLhttps://www.businessownersideacafe.com/forums/dcboard.php?az=show_topic&forum=119&topic_id=2115&mesg_id=2121
2121, RE: how long until my new business sees a profit?
Posted by jkundert, Mon Jul-05-10 08:56 AM
The failure rate of businesses is very high in todays economy, most business take a minimum of 5 years to show a true profit, if you are running out of funds you could look for operating capital, maybe you could consider taking out a loan against your credit card sales, try some ways to increase revenue, do you deliver food to businesses for free this is a big thing many business people don't have time to take lunch and would like to have a sandwhich at their desk, maybe you could do that, also you could consider making copies of your menus and getting them out in all businesses, maybe you could offer a 10th sandwhich free program or something like that. hopefully some of these ides will help you, if you like you can contact me at josh@kundertenterprises.com i am always willing to work with new business entreprenuers