Skull Pilot
Diamond Member
- Nov 17, 2007
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What kind of a business do you have?
I don't give out too much personal info.
Suffice it to say that we have posted gains every year since we opened in 2007. This is the first year we have not beaten every month of the previous year.
I don't know if we'll lose any ground this year yet but it's looking like we might be flat at best.
I was just curious. Many business owners blame taxation for all their troubles. It sounds like you at least acknowledge that demand is the problem.
Taxes suck but all in all I don't pay anymore than I did when we started. Some things like unemployment taxes and workers' comp have risen substantially though.
I still think taxes are too high but I thought that before we opened the business.
You know I don't think it's just a demand problem. People just don't have any confidence in the economic future and are only spending the bare minimum.
Quite frankly i can't blame them.
All in all we still might see a gain because some of our capital equipment leases are up this year and we won't have to service those leases any more. The past few years we've reinvested most of our profits in the business but this year we've put a cap on that and we're staying more liquid.