I’m contemplating closing down a business and suffer the loss of 200k of my currency (about usd 50k). Redditors here talk about success stories, how about losses? What’s your biggest loss?
I’m contemplating closing down a business and suffer the loss of 200k of my currency (about usd 50k). Redditors here talk about success stories, how about losses? What’s your biggest loss?
One of my dad’s friends did this. We totaled up everything and he owes about $1.5m in total to various people. Friends, banks and even his parents. Wildest part was this was like is 4th failed business. 4/5 of them failed and soon to be 5/5 because he neglected the one that did work trying to get his next one going