From the headquarters of Ramsey Solutions, this is Entree leadership.

I'm your host Dave Ramsey with over 30 years of experience leading in the trenches right alongside you.

If you've got a question for the show, go ahead and click the link in the

description. Sharon is next in Dallas. Hey, Sharon, how are you? Hi, I'm good. Thank you. Good. How can I

help today? All right. So we are a specialty tea and smoothie boba tea business.

We have two locations.

Our revenue is at one location, we're about 500K a year,

and the other location just opened in March,

and it's at about 150K last year.

We have about 15 employees, including myself. So my biggest question is,

opening this last location has gotten us into a ton of debt. We were able to cash flow the

first location without much debt involved, but we opened this one and the expense cost more than we wanted it to, and the location isn't exploding like it should up, and we're just really drowning and trying to figure out what to do next.

Okay.

Well, this is, of course, why we open locations with cash and not debt. Okay. Well, this is, of course, why we open locations with cash and not debt because of your story. This is a typical story. Things don't turn out like we think. The old rule of businesses takes twice as long. You know, we don't make as much as we thought, and you're not the exception.

So, is the location growing?

It is expected to grow.

We are in place one. I didn't say expected to grow.

I said, is it growing?

It is slowly growing, very slowly.

Yeah, what was promised is not what the construction in the area we're at was promised is just taking, it's not like they promised us.

So it's not growing like it should be no.

Okay.

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