Who runs a business and how's trade?

[Bluesince1979]

Cleaning industry.
90% domestic.

Brilliant. But im 17 years in so i have my client base.

 

[blueparrot]

My coffee shop, customers up,turnover up, costs up more than I could increase prices so profits down about 3 or 4%.

 

[Tuearts right boot]

Tourist related laundry...so so, so far, figures tell me we will about the same as last year but it feels quieter. Everywhere says it's quieter so we'll wait and see what the end of this month tells me and how the year will be.
Fucking Welsh government doing all and more in its power to stiffle the only growth industry this country has along with periferal businesses. And there's more to come.....No help or encouragement just barriers and gimme gimme gimme more money.....Plaid Cymru and Welsh labour dragging this place back to the stoneage.

 

[henrythedogcity]

Probably the worst it's ever been as I'm only a small outfit I can't compete with the big hire firms.
It doesn't help that Aldi etc are selling cheap shite for a fifth of the price of what I buy professional tools for.
I've also noticed that young couples don't seem to be doing house's up anymore.
On the flip side I've stated a garden maintenance business to run along side the hire businesses and that's doing really well so my plan is to do that instead and sell the hire business.
A shame as it's been trading since 1979

 

[Gareth Barry Conlon]

Probably the worst it's ever been as I'm only a small outfit I can't compete with the big hire firms.
It doesn't help that Aldi etc are selling cheap shite for a fifth of the price of what I buy professional tools for.
I've also noticed that young couples don't seem to be doing house's up anymore.
On the flip side I've stated a garden maintenance business to run along side the hire businesses and that's doing really well so my plan is to do that instead and sell the hire business.
A shame as it's been trading since 1979

I can imagine. I looked at hiring some tools this summer to sort my garden out. It is almost cheaper to buy aldi ones assuming they sell the ones you need.

You should focus on what people can't do DIY. Stump removal, mini diggers etc. I've chopped loads down and now have a garden of stumps...

 

[stonerblue]

I'm fucked at the moment.
My shop is in the middle (literally) of a building site. No passing trade or footfall. Been like this for 18 months and delays mean another 12 months still to go.
If i make it through to the re-openinf of the town centre i'll be laughing due to holding a prime spot.
THe dilemma is do i hold out and lose money or jack it in and retire fully.

 

[Scottyboi]

I'm fucked at the moment.
My shop is in the middle (literally) of a building site. No passing trade or footfall. Been like this for 18 months and delays mean another 12 months still to go.
If i make it through to the re-openinf of the town centre i'll be laughing due to holding a prime spot.
THe dilemma is do i hold out and lose money or jack it in and retire fully.

I've always wondered what happens to businesses that get surrounded by scaffolding and building work, they not compensate for it I'm guessing? Can do a fake facebook nonce sting on you if you want get your place torched?

 

[youngbob]

Probably the worst it's ever been as I'm only a small outfit I can't compete with the big hire firms.
It doesn't help that Aldi etc are selling cheap shite for a fifth of the price of what I buy professional tools for.
I've also noticed that young couples don't seem to be doing house's up anymore.
On the flip side I've stated a garden maintenance business to run along side the hire businesses and that's doing really well so my plan is to do that instead and sell the hire business.
A shame as it's been trading since 1979

Just on the bit in bold, you'll know already that this has to do with young couples buying fewer and fewer houses overall. But funnily enough - while the number of first-time buyers is significantly up from 15 years ago, the average age of a first-time buyer is 35 now when it used to be 30 and under. Plus, the couples that do buy houses are generally moving into Barratt Homes newbuild styles. And even people who buy older Victorian-era houses are facing a different situation since the pandemic. When me and my partner bought our house in 2022, we bought it off a guy who flips fixer-uppers for profit - he bought our house in 2021 for about £150k when it was (as the estate agent put it) a shithole. He rebuilt the entire inside and sold it to us for about £230k. Guys like him are all over the place and there seems to be loads more of them since the pandemic - I guess a lot of guys like him went into business over lockdown. And people are also just getting sick of waiting in chains, so if a seller can find a couple who've been renting into their 30s and if a buyer can find someone who's not waiting for another sale, things move fast. All adds up in the end.

 

[stonerblue]

I've always wondered what happens to businesses that get surrounded by scaffolding and building work, they not compensate for it I'm guessing? Can do a fake facebook nonce sting on you if you want get your place torched?

Thanks for the offer but i'm alright ta )

 

[I'm With Stupid]

I've also noticed that young couples don't seem to be doing house's up anymore.

Nobody has one to do up.