Scaling Our Business Has Turned Into a Nightmare
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From the headquarters of Ramsey Solutions, this is Entree Leadership. I'm your host, Dave Ramsey, with over 30 years of experience leading in the trenches right alongside you. If you've got a question for the show, go ahead and click the link in the description. Sharon is next in Dallas. Hey Sharon, how are you?
Hi, I'm good, thank you. Good. How can I help today? All right, so we are a specialty tea and smoothie boba tea business. We have two locations.
Our revenue is at one location we're about 500K a year and the other location just opened in March and it's at about 150K. last year. We we have about 15 employees, including myself. So my biggest question is opening this last location has gotten us into a ton of debt. We were able to um cash flow the first location without much debt involved, but we opened this one and the expense costs more than we wanted it to and the location isn't
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