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To: HIDEK6
Since the insurance cost is $5,000, your business must be able to generate revenue in the 80K neighborhood before you can seriously consider renting the booth...a good lesson.

Who generates 80K of sales from a fair booth?? Its a good lesson, alright. A lesson that things have to change.

25 posted on 08/08/2005 6:59:40 AM PDT by jboot (Faith is not a work)
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To: jboot
My point is that you must consider how much revenue you must generate in order to cover your costs, then evaluate whether it is possible, before you embark on a business venture.

Your costs are not dependent upon the purity of your motives, the worthiness of your cause, nor your inability to generate revenue.

The cost exists above this.

From my perspective, most business failures are caused by the entrepreneur's failure to estimate what revenue will be required to make the business a success.

The example we are considering emphatically demonstrates this point.

The young blow-gun manufacturer should take the lesson to heart.

32 posted on 08/08/2005 7:12:10 AM PDT by HIDEK6
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