+- Business, Investment, & Insurance Forum (https://investmentforums.net)
+-- Forum: Business Forums (https://investmentforums.net/forumdisplay.php?fid=5)
+--- Forum: Small Businesses (https://investmentforums.net/forumdisplay.php?fid=19)
+--- Thread: Biggest loss as a business owner? (/showthread.php?tid=301)
Biggest loss as a business owner? - Henrywrites - 08-26-2023
Most business owners will want to go into business because they want to make profit. The profit maximization is the key factor to a lot of people starting businesses. However, have you thought about the loss that can come in business? What can you say was your biggest loss as a business owner?
RE: Biggest loss as a business owner? - deucher - 12-28-2023
For me, losses are a very common phenomenon and it is much easier for me to lose something than to earn, so before that I was normal. At the beginning of my career, the losses were many times greater than the profit, but I knew that soon everything would change and I just tried to implement my idea. For me, the biggest loss was the fact that six months after the opening, the tax authorities decided to additionally take away 2 months' profit from me for services they allegedly forgot about, and for non-payment they threatened to make me close the business.