ilmscore | Prediction Details
"you can't look at a profit and loss statement you can't look and say where's the labor cost like where where is where is the work for this business I see income over here and it's one of those things I think that's often really missed that's why I wanted to do a podcast and jump on live because in a YouTube video it's hard to get that kind of nuance there with this stuff it's doable but it's not easy I'm convinced that sixty seventy percent of the population in the United States can run a profitable business but I'm also realizing that there's a lot of work that has to go into it and if you don't put that that effort into it to starting a business that's fine if you don't want to earn a business that's cool but for those that do I want them to learn the basics I want to learn them to learn the process so they can be actually profitable as opposed to being like the guy that tried to get me to buy his his restaurant and it was bleeding 75 000 a year because they were buying and letting half of the food spoil"
By Investment Joy | October 20, 2022 | Pending
From video
Laundromats, Carwashes & More W/ @CodieSanchezCT 00:18:36 - 00:19:34
Interpreted Prediction
A restaurant was losing $75,000 annually due to significant food spoilage, highlighting the importance of understanding financial statements and operational efficiency.

Prediction Details

Topic
Restaurant Business Losses

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