I own a hair salon. Typically, November is my busiest season. It has been SO quiet. A lot of my colleagues are also saying the same thing and have had to close up shop because of it - or get a second job.
People keep saying it will get better and the economy will bounce back but I don’t know. I am so close from just throwing in the towel, closing up shop and getting a corporate gig.
Two locations. Just shut down. Six months of rising costs, slowing sales. Already went through covid. I’m tapped out and done.
Damn sorry about that fam. What were you running if you don’t mind me asking?
brick and mortar entertainment/amusement biz. we did bday parties and corp events.
Sales went from up in the first few months of the year, to flat through the summer, to down starting in Sept/October. Meanwhile - labor and other costs like insurance were up 30%+. And then interest rates were sky high as well - and all that was the debt I needed to get through covid that I was just starting to pay back. I probably ran things badly too. But I’m just done…sometimes there’s something to be said from starting from zero rather than trying to save something.
Sorry to hear that. :(