Assume that you invested $10,000 in a new assisted living home

Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

 

Assume that you invested $10,000 in a new assisted living home facility, only to discover that the venture would not be profitable. Your continued investment would only cost you more money. What would you do?

  • Would you proceed with the business and create an opportunity to recover your investment?
  • Would you cut your losses and quit the business?

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