Has it received any "cease and desist" letters? Job Function Email List Does it have a checkered past? Check it out yourself. Labor Issues-You need full disclosure on the employees Job Function Email List' salaries, benefits, contracts (even verbal promises made), history, etc. Property-Do they own the property or rent? How long is the lease for? This Job Function Email List expense can mean the difference between profitability and poverty, so make sure you can Job Function Email List afford it. Beware of a lease that may be expiring soon.
You'll need to negotiate a reasonable Job Function Email List new contract in writing so that you don't get whacked with an increase that you cannot afford. You just can't be too Job Function Email List thorough when you're determining a business's viability. So take your time and get it right. Remember, don't wait until you are up and running to find out Job Function Email List what is wrong. It's better to walk away than to make a mistake that has lifelong ramifications. Don't rush it! 2. Is it recession proof? You may be thinking that there is no such thing as a recession-proof business. I suppose Job Function Email List if the world economy were to permanently collapse and there were no recourse, it would be true. But somehow, somewhere across the globe I think we'd find a way to get through it.
The point is that there are some Job Function Email List businesses that are more recession proof than others. It's really a continuum. One extreme would be a business that is highly susceptible to economic conditions, for example, construction. It seems that one of the first Job Function Email List things people do is stop unnecessary projects. The other extreme would be food as in a grocery store or a restaurant. People have to eat. And the way our society is right now, most people can't grow or catch or raise enough to feed themselves.