LeninGHOLA
Vladimir Hayt
- Joined
- Aug 26, 2009
- Messages
- 18,416
HA.
The only business owners that ever "go down" when their business are ones to fail to understand the volatility of business now a days.
The old "mom and pop" family business is a relic of the past. Once you invest your life and savings into is a fools errand for sure.
Usually the owners pay themselves a huge salary often way out of line with profits to insure they can escape scott-free when the business goes under. The employees are the ones who go hungry.
This type does their best to HIDE the fact they are losing money until there is nothing left.
You hear stories of employees going to work, like a normal day only to be shocked to find the company they worked for is closed and filed for bankruptcy.
This isn't some sort of corporation. The company operates out of a residential home zoned as commercial.