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Big toe,by any measure, is NOT an old hand or an experienced businessman/property investor.
What I can do is to share my thoughts and some of the things I went through. Different strokes for different folks.
As for property, it's very much part of most businesses. You will need space to run your business.
If you are good in managing the cost of the space you are operating in, you have an added advantage.
How many days a month are you taking in order to pay off all your overheads? Do you break even in 10days? 15days? or longer?
The trick is to get the break-even day shorter. Best if you can get $X profit even before the start of every month.
How you are able to do that is up to your own smarts.
Being in business, any extra commercial space that we acquire can either be converted to expand our business or rented out.
This is unlike the usual property investor where the only way is to rent out or sell.
I think i have said enough. Cant say too much, if everyone starts to do the same, my business will be in trouble.
What I can do is to share my thoughts and some of the things I went through. Different strokes for different folks.
As for property, it's very much part of most businesses. You will need space to run your business.
If you are good in managing the cost of the space you are operating in, you have an added advantage.
How many days a month are you taking in order to pay off all your overheads? Do you break even in 10days? 15days? or longer?
The trick is to get the break-even day shorter. Best if you can get $X profit even before the start of every month.
How you are able to do that is up to your own smarts.
Being in business, any extra commercial space that we acquire can either be converted to expand our business or rented out.
This is unlike the usual property investor where the only way is to rent out or sell.
I think i have said enough. Cant say too much, if everyone starts to do the same, my business will be in trouble.