Question

Uan recently completed 20 years of service in the army. during this time, he managed to save a little money and is entitled to a government pension. his goal is to go back to his home state of colorado and start a business making small, solar powered panels for residential use. although he knows he needs a storefront and manufacturing site, he is not 100% convinced about where to locate. he knows for certain that one of his top priorities is to limit his tax liability associated with this new business. your suggestion for juan is: make certain he is deeply passionate about the product he is developing, before he explores the need. keep it small, especially in the beginning. take out a lot of insurance in case he finds out that he has not paid enough taxes. check out the enterprise zones in colorado.

Answer 1

keep it small, especially in the beginning

Small businesses die when you expand too quickly in the beginning