I APPLAUD anyone with zeal wanting to open a small business, but I often wonder why such enterprises don’t seem to last very long.
When one sees another dress, or sports, shop being opened next to an existing one, I feel that the owner has perhaps not done the thorough research needed to make the new venture viable.
Passing by, one hears comments such as: “I don’t think this store is going to last very long!” or, “Heavens! Another coffee shop! ” Then it isn’t surprising when the particular business “is here today and gone tomorrow!”
I know that the government is urging people to start new businesses. While it is a commendable idea, it would be better to stop people from borrowing large sums of money and getting into serious debt from doing so.
The onus of personal responsibility must also surely rest on the shoulders of individuals embarking on these new enterprises.
If the advice given by “experts”, before doing so, is fallacious and dangerous, these shop owners run the real risk of losing everything. ROSA LARSEN, Riverton.