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> money-losing small businesses The original quote from the article said that the business was profitable, just not profitable enough to justify the owner's in
by saas_co_de 9y ago
> money-losing small businesses
The original quote from the article said that the business was profitable, just not profitable enough to justify the owner's investment. In other words, they need capital to scale in order to be profitable enough to justify the owner's time spent on the business.
It is only the poster who made the broad sweeping and wrong statement that small town businesses in general can't make money.
That statement has no empirical support whatsoever and is just an unfounded assumption, which you are repeating, and seem to be basing your thinking on.