You bumped into your ex-colleague Allen Smith at a nearby supermarket. He was so glad to meet

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You bumped into your ex-colleague Allen Smith at a nearby supermarket. He was so glad to meet you and the conversation was all about his upcoming business.

He is in the middle of planning to start up a fitness center in your neighborhood.

Throughout your conversation with him, you noticed that he did not have a proper financial feasibility analysis. He was blindly pursuing his dreams with no proper planning, especially none on financial matters. As a friend, advise him on the most critical issues to consider in the financial area when completing this analysis.

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