Paul Olson

capital of Minnesota Olsen Paul Olsen and Robert come up need to make a decision nearly enterprise a bar in August. If Paul and his partner ar planning on inauguration their bar in August, they need to acquire a tight drink license and engage subcontractors immediately. The contractors are asking for progress deposits of $25,000 and the pot likker license go away cost an additional $15,000. Rose and Olsen are pretty sure that theyll be able to bawl out the across-the-board $250,000 they need to open the bar by August. At this baksheesh though they only form firm shoot downments for $30,000. In decree to cover the initial license and contractor fees Olsen will have to pose the entire $12,500 of his student loans immediately. The opportunity to invest is tempting, only when at this moment too pretendy for Paul Olsen disposed(p) his current financial status as an unemployed student. payable to the low capital costs, there is a fairly take hold do wnside risk relative to other restaurants. Yet, there are some(prenominal) other circumstances which make the investment very juicy risk: Right now they do not screw what the makeup will look like. There is some disbelief about the stations location and its potential to draw and billet the necessary clientele for a fine dining restaurant. They do not know what kinds of shops surround the restaurant or what types of customers the multifactorial would would attract. There is no guarantee that the station will be completed on time, or whether or not there are any incentives for the contractors to finish on time. Construction would be scheduled to continue around the restaurant for six-plus months after its opening, which would fount a problem since it is difficult to run a graduate(prenominal) class bar with construction surrounding it. With all these risks commit all of his student loans would not be a liable(p) decision. Not only is starting a bar laid-back ris k but also he would be place money which is! not his own. Although there is a very real upside if the bar becomes successful, there is still the high downside...If you fight to get a full essay, order it on our website: OrderCustomPaper.com

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