RE: Cutbacks - needed or not
I'm in the Hvac/Ref. business, our customers are primarily restaurants and bars.
Hard times.
I recently purchased a house back in Dec and it's a "handyman's special" so although I got a great deal, it needs hella work and I've been tied up with that outside of work.
Yep, we are in the same position.
I am guessing that if this is prolonged, the business you are looking to buy is going to get a little bit cheaper? or perhaps since it is essential service...
It's funny I used to think the "economy collapsing" was right around the corner starting in about 2010-12ish. Believed it until about 2016-2017 then totally quit caring and preparing by 2018. What timing lol.
I knew it was coming, I estimated 2 years from now and that would have been great... bloody flu season!
Stay well and hopefully things blow over relatively quickly - without us becoming zombies.
Absolutely!
It hasn't been easy to stay optimistic (at least not while preparing for the worst) but there are so many positives that can come from this and even more business opportunities to take advantage of, it only makes sense to be looking at it through that lens (the majority of the time). I guess finding balance between being/feeling "somewhat" prepared for basic survival while simultaneously planning/making moves to advance oneself.? Some suggest we burn all bridges (go big) and give ourselves no choice but to succeed. I think it's a great idea, but tough to put into practice facing unknown levels of economic disaster.
Thanks, you as well.
It had better, I'm not prepared for the zombie apocalypse(yet)!
Come 2030 though.... bring it!
The problem with opportunities is, you have to be prepared to take them. I am not currently at a financial level to do so with most....
I am guessing that many will go big and fail big, but there will be enough survivors that succeed. It is hard to know how long this will go, but I think that it might trigger a much larger collapse and destabilization.
Zombie apocalypse is still on the cards.