tomman58 wrote:
Ya know when I talk to my barber he is doing fine, when I talk the my RV dealer he is having a great year, when I talk to my cousin the farmer he wants lower fuel costs but is doing well, when I talk to my friend a baker and restaurant owner he is a little slow until summer but doing just fine and expanding.
Point is, with business if you don't have a model or the where with all to market what you have then go flip burgers or do somethin else, period, stop the whine.
Tomman58 our cross country trip to the Pacific last fall helped open my eyes to point you make.
Fuel/energy cost has impacted everything. A local low end country club is down about 35 members from last year so they have a $50K smaller budget. The owner of a local seven screen theater stated this week it is harder to get people to drop money on going to the movies.
Yet I wanted change for a $1 for the gumball machine and stood behind a kid that was not short on food at home who had just bought at least one $8 ticket then dropped $10.50 on popcorn, etc.
Businesses are closing yet McDonalds, Arby's, Dominos and Dunkin Donuts are moving to town or building new locations from scratch.
Successful business models always replace the other type. Those who learn to reduce normal business expenses equal to the increase of energy costs will do OK.
There are new industries being born just because of higher energy costs. Gas is not $.25 like it was in 1973 when I bought my first new car for $2150.
One either increases income or decreases out go. Debt is the wild card in the world today more than energy costs as I see it.
