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What risks are involved in starting your
own business?

July 25, 2001



Date:  Sun 13 May 2001
From:  Raymond Caron

I want to know what risks I will be taking if I leave my present job and join an associate in painting houses and sharing the profits.

Answer

Date:  Wed, 25 July 2001

Hello Raymond,

There are many risks of going into business.

One is you may be sued by a customer for damaging their property or if they are unhappy with your work.

As a business owner, there is also a risk that your income will not exceed your expenses.

For more details, I suggest that you consult with an attorney that works with small businesses.

If you need a referral, please call me at 408-918-3161.

Good luck!

Mike Gray

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What risks are involved in starting your own business?


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Michael Gray, CPA
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San Jose, California 95128
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