Yeah, margins are really slim in a lot of industries. That's the nature of competition, it minimizes price, which minimizes cost, but also minimizes profit. That's why restaurants go out of business first when the economy takes a down turn, or anti-business legislation is passed (e.g. minimum wage increases); they have very very slim profit margins.
Sounds like you were in over your head and playing with fire.
That's how most businesses run. It's always a balance between expansion and profit.
Really? A business can’t handle more than one month of missed revenue?
Yeah, margins are really slim in a lot of industries. That's the nature of competition, it minimizes price, which minimizes cost, but also minimizes profit. That's why restaurants go out of business first when the economy takes a down turn, or anti-business legislation is passed (e.g. minimum wage increases); they have very very slim profit margins.