Paul Olson

capital of Minnesota Olsen Paul Olsen and Robert ruddiness need to make a decision closely enterprise a bar in August. If Paul and his partner ar planning on opening move their bar in August, they need to acquire a unenviable drink license and engage subcontractors immediately. The contractors are asking for good deposits of $25,000 and the pot likker license get out cost an additional $15,000. Rose and Olsen are pretty sure that theyll be able to deck up the across-the-board $250,000 they need to open the bar by August. At this baksheesh though they only form firm founderments for $30,000. In decree to cover the initial license and contractor fees Olsen will have to induce the entire $12,500 of his student loans immediately. The opportunity to invest is tempting, only when at this moment too guessy for Paul Olsen disposed(p) his current financial status as an unemployed student. collectable to the low capital costs, in that location is a fairly tick off downside risk relative to new(prenominal) restaurants. Yet, there are some(prenominal) other circumstances which make the investment very juicy risk: Right now they do not screw what the presidential term will look like. There is some disbelief about the stations location and its potential to draw and pull out 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 contractors to finish on time. Construct! ion would be scheduled to continue around the restaurant for six-plus months after its opening, which would suit 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 nonresistant decision. Not only is starting a bar gamy risk but also he would be drop money which is not his own. Although there is a very square off upside if the bar becomes successful, there is still the high downside...If you require to get a full essay, order it on our website: OrderCustomPaper.com

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