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Re: Business owners
[Re: Atoler]
#3641403
03/28/22 08:29 PM
03/28/22 08:29 PM
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Joined: Mar 2018
Posts: 16,932
Banana Republic
jb20
Old Mossy Horns
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Old Mossy Horns
Joined: Mar 2018
Posts: 16,932
Banana Republic
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We are contracted to do more revenue in fiscal 2022, than we ever have. Labor to complete the work is my biggest stress nowadays.
I believe bad times are coming soon. Interest rates are going to rise quickly. We just had a publicly traded company request a price to cancel a job. The job is already underway. They will probably incur 30-40% cost to button it up at this point. Sounds like they don’t like what they see coming. . Well that would scare me if I was in your shoes but publicly traded companies get to big sometimes and can't manage anything...hopefully this is the case but it may not be... Wife's biz has been going great "clothing" and so had my grandads but the inflation has made prices jump quickly on the heavy equipment work being done and hauling...
They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.
Ben Franklin
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