I am near the final stages of putting my business together :dance: and the final outlay, although compaired to London prices, my start up costs are negligable but I am taking a risk because the business will be a new one, and not an already established going concern.
However, the analysis and research that I have carried out so far indicates that I should loan enough money to allow me to live on, pay and run the business before I can expect any profit back for atleast 4 months. :confused: :confused: Probably opt for 6 months just be be on the safe side.
So the question is, do I use the Z as a promotional car and plaster it in graphics for the business, or do I cut my losses, sell it and wait to see how the business goes and buy another one later?
I know ultimately the decision will be down to numbers but I don't know whether to keep it and ride the waves and hope I come out the other end victorious, or whether to sell and play it safe. i.e. minimum expenses/greater control/lesser risk!
The answer is so obvious but it is so hard to let go! :cry: :cry:
I am near the final stages of putting my business together :dance: and the final outlay, although compaired to London prices, my start up costs are negligable but I am taking a risk because the business will be a new one, and not an already established going concern.
However, the analysis and research that I have carried out so far indicates that I should loan enough money to allow me to live on, pay and run the business before I can expect any profit back for atleast 4 months. :confused: :confused: Probably opt for 6 months just be be on the safe side.
So the question is, do I use the Z as a promotional car and plaster it in graphics for the business, or do I cut my losses, sell it and wait to see how the business goes and buy another one later?
I know ultimately the decision will be down to numbers but I don't know whether to keep it and ride the waves and hope I come out the other end victorious, or whether to sell and play it safe. i.e. minimum expenses/greater control/lesser risk!
The answer is so obvious but it is so hard to let go! :cry: :cry: