November 21, 2021

Ch 4 - Before COVID, I was running

"Before COVID, I was running a 30 percent margin. Now, I’m somewhere in the teens. Right away, I asked my lender for lower interest rates. But that will only save me a couple of thousands. Insurance, water, taxes, maintenance still come in. And given that my margins are shrinking, I’m focusing on increasing my revenue. I installed vending machines and washing machines in my apartment complexes as new sources of revenue."

Leave a Reply

Your email address will not be published. Required fields are marked *

© Copyright 2021 Connective
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram