Opening a new business?
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My brothers thinking of opening a pawnshop in todays climate, and thinks that if he sets up his shop and a website, he can be making in excess of £7k per month. Im just wondering if he's being realistic, or needs a bit of a wake up call? He has been running an internet business, and been making roughly £1k a month, so does have some experience. I want to try and finds out some facts / statistics for him about new businesses?
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Answer:
Might need a bit of a wake up call, especially if hes thinking about opening up a shop because there are 100 different pawn shops out there who will be his competition. And, he may not make as much when he first opens it. It just depends.
Tyler Wilks at Yahoo! Answers Visit the source
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