Hi Black Quixote, are there any historical statistics on roughly how long after setting up an "online business", that one could start to see cash flow? For different industries, etc?
In my current field of work, commercial real estate, there are actually statistics for specific areas for specific types of buildings and the types of returns one should expect. An example would be retail buildings should give you higher rates of returns compared to apartment buildings because they carry a higher risk/reward profile so am curious if online businesses have similar "profiles" Or say a building in the middle of Manhattan or San Francisco would be worth a lot more money to buy but give lower returns vs a slumlord building in the hood but would give you higher returns because of it's riskier nature.
Thanks again for all this great info!
In my current field of work, commercial real estate, there are actually statistics for specific areas for specific types of buildings and the types of returns one should expect. An example would be retail buildings should give you higher rates of returns compared to apartment buildings because they carry a higher risk/reward profile so am curious if online businesses have similar "profiles" Or say a building in the middle of Manhattan or San Francisco would be worth a lot more money to buy but give lower returns vs a slumlord building in the hood but would give you higher returns because of it's riskier nature.
Thanks again for all this great info!