... minimal markup. Investment in an Existing Establishment Tereshkin recommends that newcomers purchase an existing establishment that already has a loyal clientele and, consequently, an income. This approach allows investors to gain essential experience and knowledge. Thus, they can ensure the return of their investments and generate profits, even if the business ultimately faces difficulties. According to statistical data, only 3 out of 10 new restaurants survive beyond their first year. New restaurant ...

Many modern individuals dream of investing their money wisely to increase their capital. However, not everyone possesses the necessary knowledge and skills required for successful business management. Many modern individuals aspire to invest their money wisely to increase their capital. However, not everyone possesses the necessary knowledge and skills required for conducting business ...

... succumbing to advertisements or recommendations from acquaintances, who promise them vast earnings with minimal investments. Advertising slogans are easily memorable and prompt individuals to consider investing in a particular field, even when they have no knowledge about it. Consequently, during critical moments, they cannot make sound decisions, leading to financial losses. Excessive trust propels people into rash actions. Moreover, failure can also stem from a lack of experience in selecting investment ...

... Analyst), CFP (Certified Financial Planner), or their equivalents in your country. Experience in the Financial Sector. It's essential that the advisor has practical experience working with clients in various economic conditions, not just theoretical knowledge. Inquire about how many years they have been in consultation and what types of clients they serve. Niche Specialization. If you have specific needs (e.g., retirement planning, real estate investments, or startups), ensure the advisor has relevant ...

... a specific domain. However, it is crucial to understand that investing has its strengths and weaknesses. Before making a decision, one should carefully consider them. The advantages include: Private investing allows one to learn new skills and gain knowledge that was previously absent. It is an excellent opportunity to broaden one's horizons. Money should work for you. Additional income enables individuals to feel successful in any economic environment. Extra funds provide a chance to travel the ...