How's business? « Singletrack Forum

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How's business?

60 posts & 48 voices | Started 6 months ago by ton | Latest reply from mrmo

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Bunnyhop - Member

Since May it's been very quiet. However I set up another small business last year and that's starting to get going and filling in the gaps. http://emmyjane-design.blogspot.com/

As Matt says
plus it is a real survival of the fittest/hardest workers/best value.
it's so hard as a one man band to compete against some really big firms who can afford to take losses in certain areas.

I think things will get better when people realise that Cheap stuff from China is no longer inexpensive and start to buy British.
Customers want top quality stuff for nothing and I'm not willing to work for a wage that comes in under the minimum just because I'm self employed (which is what a lot of small business people are doing).

Posted 6 months ago #
TheArtistFormerlyKnownAsSTR - Member

In my second year of running my own business. Turnover was 180% of what I projected in the first year and in my second year I'm looking like doing 200% of projected turnover. When the government stops building roads that need lighting, then I may struggle.

Posted 6 months ago #
Tiger6791 - Member

I need an alarm fitting.

Posted 6 months ago #
jam bo - Member

Booming. Oil and gas related.

In my second year of running my own business. Turnover was 180% of what I projected in the first year and in my second year I'm looking like doing 200% of projected turnover.

Rubbish projections then...

Posted 6 months ago #
sobriety - Member

Customers want top quality stuff for nothing

This is our problem as well.

Posted 6 months ago #
jota180 - Member

Since we first started bartering, they always have

Posted 6 months ago #
nedrapier - Member

MrSmith - Member

Might I suggest a move into the insurance business?

been a bad year for natural disasters, the big insurers are in a bad way.

Overall, we're not too bad, I think. My bit's stuffed this year, though. More big fires than usual, on top of the natural catastrophes.

Posted 6 months ago #
TheArtistFormerlyKnownAsSTR - Member

Rubbish projections then...

Care to explain why? And then maybe ask about my business plan and the way that maybe my business has evolved over the last two years?

Posted 6 months ago #
iDave - Member

All projections are rubbish and limiting.

A business that got their projections right are probably under-performing.

Posted 6 months ago #
tagger - Member

Care to explain why?

Not accurate? A good error to have made, but still a mis-calculation.

Posted 6 months ago #
bedmaker - Member

Fitting woodburners, could do with a few more hours in the day at the mo....
Looking forward to quietening down a bit come spring so I can ride my bike in April as it seems to be our new summer.

Posted 6 months ago #
Bedds - Member

Our company is booming.. we simply can't get enough of our stuff out of the door to satisfy our customers..

That said, our Board are frustrated because we're 10million down from 120 to 110 on what we were aiming at as a group.. even though our sales target has been extended twice and we're still surpassed it and we're talking profit

Posted 6 months ago #
esselgruntfuttock - Member

Prisons are still full, that'll do me.

Posted 6 months ago #
the-muffin-man - Member

I run a small printing company - we'll finish about 5% up on last year. So not too bad as I know many printers have really struggled this year.

Posted 6 months ago #
Andyhilton - Member

I set up a confidential waste destruction company a month or so ago. Slow is the best way to describe it. We'll get there though.

Anyone in Greater Manchester/Cheshire wants a competitive price for the destruction on confidential waste or WEEE waste let me know

Posted 6 months ago #
JacksonPollock - Member

Wow, judging by this thread everybody is booming across many different business sectors... so why very poor growth and GDP?

Is paranoia driving us into being a nation of 'busy fools'?

Work smarter, not harder!

Posted 6 months ago #
flip - Member

Is paranoia driving us into being a nation of 'busy fools'?

Indeed anyone can be busy, i try to work smart, so i actually make money too.

I see competitors and know how little they charge, truly they are busy fools, in fact many won't be in business next year.

Posted 6 months ago #
peteimpreza - Member

We will probably post our best annual profit figure ever this year.

But then most of our sales are outside the UK.

Posted 6 months ago #
derekrides - Member

Business is dire. Never known it as bad.

Posted 6 months ago #
project - Member

sobriety - Member

Customers want top quality stuff for nothing

This is our problem as well.

theyre called shoplifters

Posted 6 months ago #
deadlydarcy - Member

Wow, judging by this thread everybody is booming across many different business sectors... so why very poor growth and GDP?

No, no...it's just a chance for the smug brigade to wave their willies.

Posted 6 months ago #
iDave - Member

I'm far from smug, on the edge of things being good or grim, and no one or nothing else to rely on...

Posted 6 months ago #
jota180 - Member

we're flat out because they sacked half the workforce leaving the rest of us to handle the load - which is about 20% down

Posted 6 months ago #
deadlydarcy - Member

I'm far from smug

Yeah, I know matey. You went way beyond smug years ago.

Posted 6 months ago #
mrmo - Member

retail, $hit, fuel sales $hit, animal feed $hit.

basically people aren't spending money, the weather is too warm and dry to need fuel for heating and grain dryers. and animals are still in the fields on grass rather than in sheds and on feeds.

So that covers most of the businesses core areas.

Posted 6 months ago #