When to quit a business
- Thread starter cherry123
- Start date
This is one thing many people fail to understand, though consistency is great but there should always be a limit as to how far you should go for a business. If you no longer have the needed resources to run the business, this is a clear sign you need to move on, rather than borrowing to fund the business.
If the business is not generating enough revenue to cover expenses and provide a profit, it may be time to consider closing it down
I believe that at any point the business meses up with your sanity, it is time to quit it for good. You need your mental balance at all times.
We must let go, especially after making every effort to save the business but still failing. It's time to move forward.
