Thursday, May 22, 2014

How much money will I need to start this business? -

I want to open a semi small smoothies and fruit store

I d guess about $200,000 minimum. Rent and security deposits, deposits for utilities, furniture, refrigerators and equipment, wages, licenses, advertising. And if your business is like most, you will probably lose money for the first year or two, so you need working capital to keep you going until revenues start to pick up.

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