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We've only lived here a year and a half, and 3 small service businesses that we had been using have folded/gone out of business in the last few months. Has this happened to anyone else? Sad sign of the times... People are really struggling....
Personally, I think it has to do with a work ethic that may need to be revised in these times of more competition. I don't know the businesses you are talking about but I have encountered some businesses here that are ripe for being picked off due to their approach to customers. That "laid-back" southern attitude is fine, but if it translates to lazy or uncaring that is not fine.
Small businesses have a very hard time getting set up and staying afloat in their first year or two, especially in rough economies. Some, like restaurants, seem to always be teetering on the edge.
Personally, I think it has to do with a work ethic that may need to be revised in these times of more competition. I don't know the businesses you are talking about but I have encountered some businesses here that are ripe for being picked off due to their approach to customers. That "laid-back" southern attitude is fine, but if it translates to lazy or uncaring that is not fine.
Seriously?
These are tremendously tough times, we have not seen times like this since the Great Depression. Many people have put all that they had into a business in these times and unfortunately have had to close. What a slap in the face to those individuals and those who are still trying to make and struggling. If you are blessed enough to not be in that same boat, then consider yourself one of the few.
Yeah just did some reading -- 37 percent of new start ups are successful -- that means 73% aren't. So add to that a struggling economy and the odds aren't good.
What kind of businesses were they? Just curious. I know a little gift shop I loved is closing but the handwriting was on the wall. Not a whole lot of visibility in the community, small, limited market, limited inventory..........too bad. I love the independent gift stores.
These are tremendously tough times, we have not seen times like this since the Great Depression. Many people have put all that they had into a business in these times and unfortunately have had to close. What a slap in the face to those individuals and those who are still trying to make and struggling. If you are blessed enough to not be in that same boat, then consider yourself one of the few.
I agree totally. It is a very bad time and is getting worse. Some people (the rich and ones that do not think about anybody else) act like everything is ok. I have friends that have lost jobs, and my cousin worked in the auto industry and has not worked in 8 months!
MnStar , please wake up from your stoned state and climb out from the shell you are in and face REALITY!
The cost to run a business is very high.
I saw a show where it used to be as simple as painting TAXI on the side of your vehicle, and voila, you are a cab. Now in NY, for example, you need a huge some pf money that only large companies can afford.
62 days to get a permit to sell lemonade on a street corner, for a kid.
Taxes, insurance, etc etc doesnt add up to very good profit margins nowadays.
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