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Murphy's Law: Whatever can go wrong will go wrong.
You are probably certain that you are going to be instantly wealthy
because you opened a Marijuana Club. There is good reason to believe that you
could be right. Lots of people are, in fact, getting rich from Marijuana Clubs.
However - nothing ever goes exactly as planned. You could get some
unexpected legal issue from the local city council. You could have a pipe burst
in your store and put you out of business for a week. Your suppliers could get
a huge infestation of spider mites.
You are embarking on a risky adventure to unknown places. Business
is risky even when you don't have all the legal issues of selling marijuana.
Any number of bad things could happen that could effectively put you out of
business for a month or more.
Because of these risks, you will want to have cash reserves --
spare cash -- that can get you through the bad spots until you are really
roling in money.
How much reserve do you need? Many experts would say something like
three to six months of income. For most people starting clubs that will
probably not be realistic. They just don't have that much money. You will have
to make this judgment yourself, based on your own situation. But, whatever you
do, don't work out a budget that is borderline bankrupt. Things will go wrong
that weren't in the budget so you will need cash to handle them when they
happen.
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