RE: SEC-S20W2 | My Business Ideas |Capital Management

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SEC-S20W2 | My Business Ideas |Capital Management

in dtt-sc20w2 •  5 months ago 

Hello @yousafharoonkhan ,

Thanks for sharing your post in "Dev's Teaching Team"

Here are the feedback and evaluation results:

Point 1You are planning to open your own store. This is a very good thing, but in the beginning, we do not earn enough to save something for ourselves after paying rent, employees, electricity bill etc. Therefore, we should open a store at a place whose rent is a little less. In which we can save something after earning. 1.5 /2

Point2 While starting any business, we should plan our expenses according to how much money we will be able to earn in the beginning. Rent, electricity bill and employees, because you will pay for one month from your pocket or from your capital. But the same expenses will be incurred again in the next month, so if you keep paying from your pocket or from your capital, then how will you be able to fill the shop's products. So in such a situation there will be a possibility of loss. 1.75 /2

Point3 I absolutely agree with you that doing business by taking a loan is a very difficult task. Because interest is charged on it and sometimes it turns into compound interest, so there is not much earning in the beginning of the business. So after paying off the shop expenses and interest, we will not have anything left for ourselves. 1.9 /2

Point4 Selling your property and starting a business is a very difficult situation. Because there is no guarantee that our business will work or not.
So before starting a business, it is better if the arrangement of capital is done from your savings./1.752

Quality 1.75/2

Score 8.65 /10

AI Free ☑️

Plagiarism free ☑️

Goodluck for your business.


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Checked by <@aviral123>

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respected thank you so much for kind review , feedback and evaluation of my article .

TEAM 5

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