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How huge should your losses be before you quit a business?
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[QUOTE="Carpon, post: 284164, member: 86701"] I think when we talk about this issue that has huge effect on a business, it should be given huge amount of consideration as it affects not only the state of the business but also the stability of the finance of an individual. When you begin a business, you should never have the feeling or aim of quitting because you went bankrupt. The mindset with which you begin a business is very very crucial and therefore you must have the right mindset before starting a business. And when paradventure things do not work out and the business shows sign of not working again then the best time that you should take the decision to quit should be when the business capital has gone below half of what was used to start the business. At this point, it will be safer to quit and escape with the little which you will have remaining as part of the capital. [/QUOTE]
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How huge should your losses be before you quit a business?
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