what sort of business is it ?
about 4 years ago I tried similar figures for a toy shop and the bank wanted bricks and mortar
old rule of thumb is the cost of the business is 5 times the gross profit, meaning you recover the cost in 5 years, but that theory changes with cafes and other types
sounds a bit too good to be true, you recover in 2 years
- Forums
- General
- help needed business loan question
help needed business loan question, page-8
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online