purchased breakfast bar

[Gyumri]

why would i have spent £15,000.00 on chairs and tables.

) if i do that the landlord would raise the rent to make up for the shortfall in electricity.
thanks

One of my first businesses was to run a burger van and I used to make very good burgers (they were Birds Eye).

My van cost me £500 and my mother would help me chop onions at 2am when the onions ran out.

You only have it seems a personal license from somebody to trade from your spot which has no security.

Maybe tomorrow that "landlord" will decide to muscle in on your goodwill and trade himself. The point is you only have a personal licence which is all verbal and hence wishy-washy.

As such if that is all you have then he can give you reasonable notice to leave and probably you would then have to cart away your trailer van with your table and chairs.

You are leaving things much too much on trust with people, whereas you will need to put things in writing unless you are prepared to take a risk that you will not be left in an unsavoury pickle.

 

[Sondros123]

yes i am too trusting what would you advise, thanks

 

[fisicx]

yes i am too trusting what would you advise, thanks

Make enough money to cover the cost of the business then sell up and get out.

 

[Sondros123]

Make enough money to cover the cost of the business then sell up and get out.

How can I sell when I know I'm not being honest with the person I'm selling to?

 

[fisicx]

How can I sell when I know I'm not being honest with the person I'm selling to?

I have no idea. But if you have made enough profit to cover the initial outlay you can sell it for pennies and walk away.

 

[WaveJumper]

Pretty sure I might have read this somewhere in the thread but where are you sited, business park, out side a pub etc etc remind me

 

[Gyumri]

How can I sell when I know I'm not being honest with the person I'm selling to?

You should be honest in business and not lumber the other person with your potential problem but if they realise all you have is a personal licence with no security then they can decide.

In fact if you are really an honest person then even if you have no money you can still be the richest person in the world.

 

[Mark T Jones]

For your own sake, and for the benefit of any future business venture, take a big (mental) step back and get clear in your own mind:

- What the nature of the transaction is.
- What units you are dealing with
- What you have at your disposal to realistically negotiate with

At the moment you appear to be dealing entirely with assumption and emotion, neither of which will help you.

Realistically, it looks pretty much like a choice between run it and hope to make a living or cut your losses & run. Hopefully deeper consideration may reveal a third option.