There are quite a lot of profitable small enterprise concepts you can contemplate. It is a good suggestion to talk to banks, financial advisors, and other business owners so you can in the end make the perfect choice in your retail business. I don’t have a solution for you, however my level is that it’s a must to give you a plan before investing your life’s financial savings into this new venture.
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The actuality is that unless you will have actual background in finance, you will be unable to build a 5-10 year projected Discounted Cash Flow Model and determine your WACC, however having some type of rough concept of your money circulate is better than nothing.
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