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  • How to handle a small family business failing?

    updated 2 years, 4 months ago 0 Member · 1 Post
  • Charles

    Member
    July 16, 2019 at 6:52 am

    My parents grew a small retail business from a creative idea my mom started, in 2013. My parents put their life savings into this — even advance pulled their inheritance. Things were on the upswing at first and we were expanding and excited…but moved too fast. After six years, they’ve lost everything, no savings, 500k in debt, dad trying to get an outside job again at age 65. They both seem passively suicidal right now. I don’t know what to do. submitted by /u/Tryingmybestplease [link] [comments]

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