Updated: Nov 10
There are many business that haven't turn a profit yet quoting the term zombie business. What's a zombie business? A zombie business is a business that is in huge debt and operates on credit.
The real question is are you operating a zombie business or close to one? Something that is overlooked is Operational cost.
A business's operational cost should be lowered as time progresses. We've seen many businesses expand before their time.
When we advise clients the operational cost is the third focus after business planning, and financial.
A way to avoid operational cost is to look not only for profitability but a vehicles to bring in more customers. If done early, can create more lucrative businesses.
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