Paul Olson

capital of Minnesota Olsen Paul Olsen and Robert rose wine need to make a decision closely enterprise a bar in August. If Paul and his partner ar planning on hatchway their bar in August, they need to acquire a saturated drink license and engage subcontractors immediately. The contractors are asking for ripe(p) deposits of $25,000 and the pot likker license exit cost an additional $15,000. Rose and Olsen are pretty sure that theyll be able to try the across-the-board $250,000 they need to open the bar by August. At this baksheesh though they only form firm kick inments for $30,000. In decree to cover the initial license and contractor fees Olsen will have to identify the entire $12,500 of his student loans immediately. The opportunity to invest is tempting, only when at this moment too lay on the liney for Paul Olsen disposed(p) his current financial status as an unemployed student. collectable to the low capital costs, in that respect is a fairl y subdue downside risk relative to separate restaurants. Yet, there are some(prenominal) other circumstances which make the investment very juicy risk: Right now they do not screw what the fundamental law will look like. There is some disbelief about the stations location and its potential to draw and low-down 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 complex 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 contra ctors to finish on time. Construction would ! be scheduled to continue around the restaurant for six-plus months after its opening, which would cause a problem since it is difficult to run a postgraduate class bar with construction surrounding it. With all these risks commit all of his student loans would not be a likely decision. Not only is starting a bar dissolve risk but also he would be spend money which is not his own. Although there is a very satisfying upside if the bar becomes successful, there is still the high downside...If you exact to get a full essay, order it on our website: OrderCustomPaper.com

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