How will manage the cost of small venture

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Reference no: EM133021203

As the COVID-19 pandemic continues to strike pain on small and large businesses, thousands of enterprises are closing down affecting millions of workers.

Josie Dela Cruz, 28, beauty adviser in Dubai, is one of those Filipino overseas who came home. She was planning to resign in August but she did it earlier because of the COVID. Dela Cruz quips that she plans to enroll in a baking class at a state-owned technical school while she is here in the Philippines.

In today's difficult times, planning is essential to the success of any business. When a company has plan to follow, it is ready to face the future. As Book of Luke chapter 14 verse 28 says "Suppose one of you wants to build a tower. Won't you first sit down and estimate the cost to see if you have enough money to complete it?"

Questions: If you were Dela Cruz, are you going to open a small business amid this crisis? How will you manage the cost of your small venture?

Reference no: EM133021203

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