Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Cattle Boards
Beginners Board
Business Plan
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="Running Arrow Bill" data-source="post: 328937" data-attributes="member: 9"><p>After several "successful" businesses over the past 40 years, I'd say start small and expand as you gain experience in that business. Otherwise, without "experience" (regardless of how much "information" you research and acquire, starting out large is a wreck waiting to happen...</p><p></p><p>An animal business is probably as or more volatile and unpredictable than the restaurant, retail store, or similar business ventures with many variables to deal with as well as unknowns.</p><p></p><p>The business should pay its own way without excessive amounts of start-up and entry periods (up to 5 years in business).</p><p></p><p>According to historical national statistics, "most" new businesses fail within the first 3-5 years due to lack of proper capitlization, cash flow, management skills, and marketing skills.</p></blockquote><p></p>
[QUOTE="Running Arrow Bill, post: 328937, member: 9"] After several "successful" businesses over the past 40 years, I'd say start small and expand as you gain experience in that business. Otherwise, without "experience" (regardless of how much "information" you research and acquire, starting out large is a wreck waiting to happen... An animal business is probably as or more volatile and unpredictable than the restaurant, retail store, or similar business ventures with many variables to deal with as well as unknowns. The business should pay its own way without excessive amounts of start-up and entry periods (up to 5 years in business). According to historical national statistics, "most" new businesses fail within the first 3-5 years due to lack of proper capitlization, cash flow, management skills, and marketing skills. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Cattle Boards
Beginners Board
Business Plan
Top