Hello, It's about money as always, and more specifically about business. With my family, it's about me, my mother and my sister. We currently have a shop-cafe-restaurant. But in a small village, my mother's hometown, it is a village with less than 130 people, probably less, and there is no prospect here. This village is dying out, and is over 30 kilometers from our city, far away. So ... the village dies with him, our business. And we want to leave now. My mother is 55, I am 26 and she can no longer stand here for versions, quarrels, and of course, whether 5 people come or not. At the moment, we have 15-20 thousand clean, and my sister can spend another 10, and we will have between 25-30k for a "supposed" business, although against the background of many things, there is actually little money. I'll start by saying that my relatives are dissuading us ... the economy was bad, and our city is small (less than 70,000 people, maybe even less than that). Now, one relative does not say so without experience. He is actually very rich compared to us. They run a cafe in the city, they have a second business, which is related to crafts, they already have two green apartments in Sofia, two rooms in Slanchaka, they rent them out, and 2 or 3 rooms in our city, also for rent, without the apartments them, which are centrally located. Their businesses make a very big profit, and soon they will take a car for over 130 thousand levs, after taking a room in Sofia (for another business there). He succeeded, and we did not. He took a risk in the late 90's and now his life is paying off. In comparison, we didn't have that luck. It's just that even with the village store, we didn't reap much success for 11 years. Only now, because of a blood feud, I have the opportunity to buy an apartment in my city, so as not to live in the studio, we managed to repay a loan. Unfortunately, I don't have an education, I really messed up a lot here, and that's why I itched my potpourri and worked for the minimum in many places, including this rich relative of mine, who gave me a salary of BGN 20 a day, without a contract. And now we are wondering how to proceed, against the background of all the competition. We can't open a store because there is already a supermarket or hypermarket at every turn. Separately different neighborhood shops. But in general, the city is small, and all young people flee to Sofia, Burgas, Varna, Plovdiv to study, and there is no prospect here. I myself was wondering if I should go abroad, but I don't know how it is there. Our hope has always been our own business, but ... who discourages us, which turns out to be a huge initial rent ...
1 ashleylynnrosenbaum answered
This is an extremely difficult decision, I guess there are no comments below your post, because your question is not easy and is quite complex. In my opinion, it is most logical to take a step in which you will not lose money, but a business always hides its risks and whether it is in a small town or in a big city with many competitors - the risk is a risk. Why not invest your money in something other than your business?