Thursday About three months ago, with the doors of my restaurant shuttered by government edict and, accordingly, unable to pay rent, I was given three days to get out by the landlord. It was a grim time. It was hard to swallow that an iconic business with a thirty-six year track record of making money had suddenly, unexpectedly and inexplicably, moved into the … [Read more...]
Real Businesses
Sunday A real business is either a response to an existing market demand, or a response to a predicted market demand. Both have the potential to create wealth. There is a third type of business. These are brought into existence in order to comply with, or avoid, regulations or taxes. Examples would be such things as tax accountants, bookkeepers, tax lawyers and … [Read more...]