For business owners
Posted 23 March 2009 - 10:00 AM
Just curious what other business owners think.
Posted 23 March 2009 - 01:08 PM
That said, business isn't that lean for me right now. Part of that is due to the affluent community where I'm located and those around me, and another part is due to the fact that my business is still in its infancy (2.5 years, maybe it is considered a toddler) and still acquiring new customers on a daily basis. I have noticed a slow down compared to this time a year ago, but no more than 15-25% on average.
If credit did happen to loosen enough for people to resume the jobs they put on hold, and I get that 15-25% back, I would be hiring. Otherwise, it's basically doing it all myself and keeping inventory levels a bit short of where I'd like them to be.
Posted 23 March 2009 - 01:14 PM