I know the feeling, since covid started it seems to be one issue after another, I worked hard to not take on debt to make it through the worst part of covid, then we make it through it only to have expenses skyrocket, revenue to not fully return, then all kinds of staffing issues. I haven’t had a day off since March 2020, depressed and exhausted, thought about selling but it’s not an easy business to sell. Thought about closing the doors but then the thought of selling all the assets and clearing up the properties with no employees to help gives me so much anxiety that I can’t sleep.
Just feels like a lose-lose situation for me and my family. Certainly, not a situation I thought I would be in 4 years ago.
It’s not easy, my wife and I have been trying to transition for 6 years from her parents. They fight us on everything, no one likes our accountant but for some reason they won’t sign the paperwork to switch.
Our biggest mistake was not having a plan laid out and signed with lawyers before taking on our roles, that still hasn’t been sorted out and major issue for us.