How a young investor’s $30k foray into a small business went awry

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You should avoid such deals unless you know the trade well and are actively involved in running it. Read more at straitstimes.com.

Investing $30,000 to be the co-owner of a pub sounds like an intoxicating deal, but a young investor ended up on the rocks with a monumental financial hangover when the enterprise turned sour.

The woman’s fate illustrates the many pitfalls that could befall anyone buying a stake in a small business. For a start, you could end up earning next to nothing from your investment, simply because you have little to no say in how things are done.Get exclusive reports and insights with more than 500 subscriber-only articles every month

 

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Belgique Dernières Nouvelles, Belgique Actualités