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What is the most amount of money you have lost as a business? - Printable Version

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What is the most amount of money you have lost as a business? - Shortie - 12-24-2022

When you start a business, even a small business you will always run into the issue of either losing money as well as making money. Every business will have a downfall eventually and end up losing more than they make at some point even if they don't always expect it. 

Has your business ever lost more money than it has gained? If so, how much did you lose, and do you know what caused it? Were you able to pull back from it?


RE: What is the most amount of money you have lost as a business? - deucher - 12-28-2023

No matter how strange it may seem, I did not lose the largest amount at the beginning, when I first started, on the contrary, there was a good profit that I did not even count on. And the biggest loss was the entire monthly profit due to the competition that opened, and therefore many clients left me, but I had to pay salaries, so I spent all the funds that were only for me on salaries.