Liberals should be happy.....I have aborted my plans for a new venture.
I haven't. I don't know if what I want to do will work but I'm still looking into it. And if it works I plan to beat them at their own game.
I know my project will work..I have spent countless hours( and some dough) researching the variables I need to be successful. I've discussed it a few times here, before you joined the forum. I normally don't like to discuss money aspects or my personal goals, but believe I represent the views of successful small business owners and, in a small way, help people understand the plight of the small business owner. I am not GE, or Microsoft..Small business needs varibles to be solid, we do not (or I don't) have funds to weather long periods of sluggishness in our markets. Normal "slowdowns" last 12-16 months and unemployment doesn't hit, or stay, in the 10% range. Todays market has no sign of recovery, I don't care what a pundit states. The back of small business carries a large burden because we have not recovered. Large corps have cut employment and have re gained profitability....many small businesses cannot simply "get rid of the excess"....So, we are not hiring, we are surviving....and the future under these leaders appears bleak.
My project would be a compliment to my current business.... It is entertainment based, so I need my customers to have the discresinary money in thier budgets....Total cost is 800K. I studied the opportunity of a partial project and spoke of it here, but the start up costs, land, fees, designs, enviromental measures to meet, surveys, impact fees, lawyer, etc is a significient % of the total project. Partial equipment is 150K. Add in everything else and a partial project isn't profitable....it is either all..or in my case now...nothing.
I can't recommend anyone invest money in a business venture today. I can survive bad policy, but not the insanity effect this administration exhibits.
obama doesn't understand business, much less small business. And let me tell you, it is frustrating as hell to KNOW you have a business winner but feel you cannot "beat them at their own game". I can't beat them if no one has any extra coin in their pocket.