3 Mistakes Offline Small Business Owners Make
Disastrous Decisions Impulsively Made by Frustration
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Narrated by:
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Virtual Voice
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By:
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Brad Kong
This title uses virtual voice narration
Virtual voice is computer-generated narration for audiobooks.
"Keeping a small business profitable is an extremely hard thing. There are tons of expenses starting from rent, while the income it can generate is not limitless. Statistically, 70% of American businesses do not survive within the first 5 years, especially after COVID pandemic from 2021. Which doesn’t mean it can sustain easily afterward. I used to own a video game store for 8 years and barely exited it without losing much in 2014. Personally, rent had been the most horrible enemy, even though I was able to pay all without skipping a month (probably the landlord wouldn’t have allowed it). I couldn’t hire anyone, so there was no labor fee to pay, but this could be the highest expense in many businesses like restaurants."
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