Five Most Overrated Businesses to Invest In
New businesses are created everyday, some of these companies succeed, and many fail after the first year. Many of these businesses that fail, are often overrated.
What are the five most overrated businesses?
1. Restaurants
Dining out and cooking are a favorite pastime for most of us, but restaurants are the most likely businesses that fail. This paradox is often linked to competition, pricing and experience.
Most successful Restaurant Owners admit that success is linked on experience, and the location. But one secret they never tell you is simply- a willingness to work long hours, and adjust to the demands of their clientele.
Food does sell, but many Restaurants create less income than a successful roadside food stall. Which is a cheaper, and much easier option for anyone wanting to enter the catering business.
2. On-line Retail
On-line retailing has become the favorite business for many people to … READ MORE ...