MILWAUKEE, WI—Applauding the astute businessperson for seizing upon the market opportunity, sources confirmed Monday that a shrewd entrepreneur had opened a burrito place in the former site of a failed burrito place. “Well, it seems some enterprising go-getter saw that empty storefront where Taqueria Cinco de Mayo…
Another thing that kills businesses is not enough startup capital.
It takes time to build a customer base and you have to be able to operate in the red until that happens.
I’d say you’d need enough to survive for one year without earning a penny, although I personally would do 2 years.