3 weeks ago ,i opened a computer store in the wrong place so its losing money , do you think i should close it down or wait for extra few months?
      Answer1:Youre giving up after 3 weeks?
      Answer2:You gotta ask yourself what you want to do. Most small business take 3 years before they make a profit, if ever. Youre going to lose money, and its going to hurt. Its a tough economy. You can pack it up and say you tried, or you can fight. Really go and pump up your marketing, do what you can to cut your expenses and bring in new customers.
      Answer3:Let me turn it around on you:If you are loosing money because its in the wrong place, then how do you expect to make money if you keep it in the wrong place? If you feel its the result of location, why dont you just sever your lease and move it to a place where the location is advantageous?
      Answer4:It doesnt sound like you have done sufficient planning. Why wouldnt you research the traffic patterns for the business before taking such a risk?How do you you know it is the wrong location or something else?I think maybe youshould think long and hard about what you are doing. Taking a chance like this requires a ton of planning and effort with a years worth of capital put away in the bank (not borrowed.) If keeping it open means you risk making a disaster of your finances then you should kill it.
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