Who runs a business and how's trade?

Gareth Barry Conlon said:
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...
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Strange you should say that as I'm removing a couple of stumps for someone this Saturday
 
stonerblue said:
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.
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Have you contacted you landlord and advised? We had a similar issue and paid no rent for 6 months, where is the shop?
 
blueparrot said:
My coffee shop, customers up,turnover up, costs up more than I could increase prices so profits down about 3 or 4%.
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The rise in costs is a real challenge for many businesses these days, and it’s not easy to strike the right balance between keeping prices competitive and maintaining profitability. One thing I’ve noticed is how diversification can help—like exploring complementary revenue streams. For example, I’ve seen some coffee shop owners look into partnerships with the UK vending machine business to expand their reach. Adding a vending machine with quality snacks or drinks nearby could be a way to increase turnover without significantly raising costs. Have you considered anything along those lines to boost your margins?
 
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stonerblue said:
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.
Click to expand...
Turn it into a pie shop or chippy. I’ve never seen a builder eat a healthy meal.
 
billie_sni said:
The rise in costs is a real challenge for many businesses these days.
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So true, if they put the prices up customers go elsewhere. More and more regulations and it’s only going to get worse. Those who just turn up each day, get a regular wage and go home each day without a care in the world have no idea of the pressures of running a business.
 
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