I own a houseplant shop in Oxfordshire and have had a fairly rough few years ( luckily I have other incomes for mortgages etc)

The last few week have been basically dead and I have been pretty much paying to be open.

Is anyone else in a similar situation? How do you deal with it?

I’m in the brink of walking away but I have literally bleed for this place!

  • cc_apt107@alien.topB
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    10 months ago

    I’m in the brink of walking away but I have literally bleed for this place.

    Don’t fall for the sunk cost fallacy. A common trait many very successful individuals have is actually knowing when to quit. Our society just doesn’t really value that and it doesn’t sound good so that goes under appreciated. Interesting book was written about this: https://www.goodreads.com/en/book/show/60097435

    Point being, don’t let the fact you’ve worked hard to get this point stop you from making a rational decision. If the business isn’t working, it’s not working. The sooner you cut the cord, the sooner you can get back to investing your finite time and money in more rewarding (financially or otherwise) pursuits.

    Only you know if it really makes sense to close your business, but it kind of sounds like that’s where you’re brain is leading you.

  • Bob-Roman@alien.topB
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    10 months ago

    When I managed commercial carwash, we would sometimes go dead during the slow season. I mean like no customers for half hour or so.

    When this happened, I had the employees run their personal cars through the wash and then detail them out front in the finishing area along the frontage street.

    Don’t you know it, within minutes customers would start pulling into the property.

    In other words, a busy business tends to attract customers.

    No one standing in line at ice cream stand, no cars in parking lot, maybe ice cream isn’t that good for the price.

    Here in the States, there is company call Liberty Tax Service.

    Firm is known for having people dress up in bright green Statue of Liberty costume and stand on sidewalk and wave at people and they wave back.

    Company says this provide highest ROI on advertising and promotion.

    Have a “give plant away” day for charity.

    Put a whole bunch of displays out on the sidewalk. Hire someone to dress up like a crazy plant or flower like Peter Gabriel from Genesis and wave at pass-by traffic.

    Offer a free seminar on plant care basics.

    Hope this helps more than throwing stuff up against a wall.