Wooohoooooooo Its all over. What the hell do I do now?
Well… after a meeting with my business partner, we've made one of those big life decisions. I'm wrapping my business up. Calling it a day. Admitting defeat. You can only bang your head against a brick wall for so long.
On paper, we're profitable and doing pretty well. In reality; the last year has been an utter and complete, unmitigated nightmare. clients going bust owing us SERIOUS cash, a break-in where they cleaned us out (including my bike). So….That's it. I'm done. Defeated. Had enough. The final straw was yet another client going bump this morning
Five years building a business, down the tubes. Through not fault of my own. So… What the **** hell am I going to do now? Why on earth am I asking you lot? Any suggestions then? The more stupid, the better? Lets have 'em? I haven't a clue. Genuinely. 🙂
Well… apart from go to the pub for the afternoon and get absolutely blitzed. We'll take that as a given, shall we?Posted 8 years agoloweySubscriber
Really really sorry top hear that Adam.
Are you looking at staying in the same industry ? I would have thought your skills were in demand by a few companies surely. It will be refreshing just getting a 9-5 without the worries of running the partnership though.
I'm going to be in the same boat I reckon in a few weeks.
Best of luck mate.Posted 8 years agomarcusMember
Sorry to hear that Binners.
What to do next ? If you are Limited take full advantage of the HMRC's offer to defer VAT and PAYE payments, keep a few choice suppliers sweet and start again working from home with low overheads for a select few Clients who you know will pay. It worked for me.Posted 8 years ago
I think initially there's going to be a lot of riding involved. If it stops bloody snowing
I suspect, as I've been running my own business for years, most companies won't touch me with a barge-pole.
See if i can pick some free-lance. After the unbelievable amount of stress over the last year, I fancy a job where I can leave my brain at the doorPosted 8 years agonicko74Member
Sorry to hear that – I have no idea what business you're in but that can never be fun.Posted 8 years ago
On the other hand, if you're currently financially liquid, see it as an opportunity to plss off abroad for 6 months. Take some time out, get off the treadmill for a while and take stock of what you want in life, come back refreshed and up for it again (if you come back at all!)thepuristSubscriber
Binners – well done for having the guts to pull the plug & good luck with whatever comes next. I'm in a similar situation, starting down the barrel of a gun with the business but am currently opting for the (easier) "sit it out" option. Mainly cos I've also got **** all idea what else I'd do instead and am hoping for inspiration!Posted 8 years ago
Purist – hope you come through it. We clung on through last year, hoping it'd improve. It didn't. We just had no luck. Its reallly frustrating as, on paper, we had (still have) a viable business
We got turned over by some utter ****s too. I don't know how some people sleep at night, to be honestPosted 8 years agoourmaninthenorthSubscriber
Today: beer all afternoon and a handjob in the bus shelter on the way home.
Tomorrow morning: hangover and a feeling of self loathing.
Tomorrow afternoon: beer all afternoon…. (you get the picture).
Monday: sober up and head back into the office to work out (1) what's worth anything (2) what work in progress you have on that you can invoice (3) smack the security guard in the mouth who should have stopped the burglary…
Tuesday: wake up in cell. Ring hora to bail you.
Wednesday: go to Asda to be a £19 suit. Appear in court in the afternoon.
Thursday: sign on with every intention of benefit fraud.
Friday: freelance yourself to people who will pay. Back to pub for the weeknd.Posted 8 years ago
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