Starting a new Philip business can be stressful, costly, and time consuming. In the restaurant business it can be very expensive the first year, Philip owners have had to wait a year or more until they see a profit while trying to break even. But with an existing and established business, and the Philip business being set up already, it takes a great deal of work off the hands of the new proprietor. Do be wary of the Philip location, it will have a direct effect on business.
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