Starbucks Going Down, Down Under

As companies and chains such as these go under without notice, the reason will be they were trapped by debt.

Be suspicious of any business that grew well in the last 10-20 years. If so, just look at their financials to see how much debt they carry. If they cannot handle the debt, the business will go under. Starbucks Australia is going under for this reason.

Fully equipped restaurants will go cheap at auction, making a new business in the same space viable. Think about this as you build your business.

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