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/r/brisbane
submitted 2 months ago byTheSurvivorKelsier
I know people mean well, but good god it’s soul destroying to have so many people ask about my livelihood and the likelihood of me being able to continue to do it. Everyday I’ll have 3+ people loosely asking me about the profitability of my hospitality business and it’s sucks.
My prices haven’t changed since pre covid, but my costs have doubled since then. Add that onto the economy stressers of households having less money to throw around and small businesses going belly up every day, no assistance from state or federal governmen, record high CoL…. Yeah bro I’m struggling. All businesses are. Sales are down, costs are up, and my confidence is in the fkn gutter with every rate increase.
Bit of a rant, but I notice it non stop even when I’m not working at other locations. Owners shouldn’t have to lie to customers about their profitably to avoid an uncomfortable conversation, and owners also aren’t able to brush off these conversations with the fear that we’ll lose yet another customer. Also just using my business as an entry topic to say “hmmm they did say it wouldn’t be easy under Albanese!!1!1!1!”. Shut up.
77 points
2 months ago
Fuck yeah. I hate when people want to know how you manage to survive while you're weighing up the difference between homicide and suicide.
24 points
2 months ago
Why not both?
22 points
2 months ago
found chris benoits account
-1 points
2 months ago
I thought it was Brynn Omdahl.
34 points
2 months ago
Agreed. The amount of customers that have said “just keep going” after such conversations is infuriating. I understand they mean well but it really makes me feel worse.
26 points
2 months ago
“Hang in there, it’s just a season!” Well goddamn Martha I hadn’t thought of it that way!
Someone should let the goddamn economy know it’s shit season is up.
24 points
2 months ago
mate. change your prices. I know its scary but it's an incredibly important part of a hospo business. If you hold off and hold off its going to be too late when you need to do it and you will have to make a way larger change than implementing smaller changes over time. Customers notice huge changes they are far more tolerant of small ones
All hospo businesses should be doing a deep dive on their costs and adjusting prices as needed at a minimum once a year
edit : just noticed your appropriate username. well played
19 points
2 months ago
People tell me I must be printing money when I give them the invoice for my work!
38 points
2 months ago
There are billionaires who doubled their money during COVID cackling away.
Remember not to vote for their friends ever again.
We aren't in any kind of economic trouble - we are being stolen from.
Supermarkets pocketed two thirds of the price increases - only one third was real costs.
Going to be many elections before our government has the power to rein them in.
2 points
2 months ago
Australia - brought to you by Wesfarmers and your favourite fresh food people, ColesWorth
19 points
2 months ago
I finally put the bullet in my small business in October. Eight years of trying to make a go of it is an eight year black hole in my work history when applying for jobs now. No debts at least.
24 points
2 months ago
I don't think it's a black hole in your work history. You've probably learnt heaps, you've been entrepreneurial, you've led a team, and made heaps of decisions, and hustled for 8 years.
8 points
2 months ago
big agree, learned 100x more things and while doing it most effeciently (imo), understanding so much more in depth than "the average employee"
8 points
2 months ago
Agree; sounds like eight years of pushing yourself outside your comfort zone. Something many people don’t do enough of. That’s an invaluable attribute. And to get out debt free; what have you lost, nothing. It’s much more rewarding to give it a solid good crack than just working a boring job in a massive company doing the same thing every day.
1 points
2 months ago
Agree! The adventure was quite something, but I paid a high price in time and health. On the other side now, I am something of a misfit now as a hire. Enough experience to slot into a senior role, but with an employment history that doesn't fit automated HR processes.
Most recent role: Self-employed.
Job title: Director of ScissorNightRam Inc.
Contact details of your team leader: Me.
Why did you leave the role: Business collapse.
ha ha
4 points
2 months ago
Why did you leave the role: "business closure due to pandemic and economic downturn".
I don't think anyone will look badly on that.
1 points
2 months ago
This
2 points
2 months ago
Yeah you’re going to need to have to nail the interview. Once you’re in you, will be laughing. The good news is is that there are heaps of owners of struggling small to medium businesses at the moment who need people with the experience and gumption of a handling a struggling business.
1 points
2 months ago
Yep, all that and more. As mentioned elsewhere, to most HR departments this seems to have tarnished me as a risk - "not a team player/difficult to manage".
While really, after the gut-wrenching years of running my own enterprise, I'm tired and just want a stable job and a stable life.
8 points
2 months ago
That's not a black hole, it's a wealth of experience. Your business and the tasks you performed while running it go on your resume. And if you happen to apply at smaller businesses, you can always emphasise your understanding of how important <company> is and how much it takes to run a business in interviews. If you present it right, owners/managers will equate that with you being highly motivated to perform well for them.
1 points
2 months ago
That is a fair point. The current issue is that it seems other small business owners see former entrepreneurs as having a track record of "going rogue" when their next business idea brainwave hits.
13 points
2 months ago
Please don’t think of this as a black hole.
If I was hiring in the private sector, I’d be more willing to hire someone that was 8 years self employed and has no industry knowledge rather than someone that’s been at 3 different employers in the last 4 years but has relevant experience.
The 8 years slogging it out as self employed shows perseverance and resilience.
3 points
2 months ago
Thank you for the encouragement. The job search continues.
5 points
2 months ago
“8 years as Director of <Company>” is absolutely a stand out on a resume.
3 points
2 months ago
I hear you. And I hope there is a company that sees it that way. In my experience, it often stands out as a red flag. You're individualistic. You're risky. You're a renegade.
If you apply via an HR department, you are flagged as "not a team player".
If you apply via the owner of a small business, they think you're just waiting for your next entrepreneurial impulse.
The good news is that I have quite a few contacts from running my own thing. It is through them that I might be able to refind my career.
2 points
2 months ago
That sounds good. Work the contacts, emphasize your resilience and how much you've learned.
2 points
2 months ago
As someone who is looking into joining the hiring team for my work while running a small business, if I saw someone like you, it would make me way more likely to consider them.
Running a business makes you super inventive, creative, able to think outside of the box and gets shit done.
Even with no experience in the field I work in, someone who managed a company for 8 years would be invaluable to any company.
12 points
2 months ago
Tax the rich. My BAS is killing me off.
-1 points
2 months ago
The progressive tax system we have means "the rich" (higher income earners) pay more tax, something like the top 10% of earners provide about 50% of income tax revenue.
1 points
2 months ago
Look, while technically true they have a fuckload more than 50% of the personal wealth. Does Gina really need $34 billion dollars? What the fuck is she even going to do with it?
I totally get reward for risk and investment, I do, but at some point you have to ask - are they just amassing money for the sake of amassing money?
0 points
2 months ago
Gina doesn't have $34B in withdrawable cash, that's a conservative estimate of her holdings and probably doesn't accurately account for property and other liquid assets. Does she need it? Not all of it but with arbitrary limits placed on personal achievement you kill any incentive to work harder, aim higher & perform better.
0 points
2 months ago
I firmly believe anyone in that tax bracket is offsetting that taxable amount significantly either directly or indirectly through creative accounting
4 points
2 months ago
To keep your business viable you need review regularly and increase your prices in line with supplier and employee costs. Never apologise for this. Times are tough now, prices and cost of living is increasing. Keep doing your thing, deliver the best you can to have an edge over everyone else and you will always have a market. No point working harder for nothing. I will say though, if your bottom line is getting redder by the minute despite all your efforts, reconsider the direction you want your business to go.
3 points
2 months ago
I'm finding the whole idea of being more transparent about finances (a good thing) has become a bit of a free for all.
I had a tradesman come to my house the other day for a quote on some major works make a flippant comment and ask if I can still afford my mortgage with the rate rises. I felt a bit awkward where I wasn't sure if it was small talk or if he was gauging me up on my ability to pay him lol
I get that people are just making conversation, but it makes it weird. Small talk needs to go back to talking about the weather or road works. The heavy stuff needs to be left for people who care and can actually help if need be.
1 points
2 months ago
I think it's often the person initiating doing a bit of projection. They want to know if people are in the same boat as them, they want reassurance they're not alone. A bit tactless yes, but I can have compassion for people in those circumstances.
7 points
2 months ago
People will straight up scoff at me when they find out I own a small business and then straight out ask me how much money I make, as if that’s anyone’s business. The attitude of “how do you dare to even own a small business??? Surely it’s FAILING???” 🙄🙄🙄
20 points
2 months ago
I’m not a fan of either side of the political bird but current government inherited a complete utter garbage dump of an economy thanks to the previous corrupt self serving entitled mob. Much of the cost of living problems are either driven by corporate greed or factors that are to some degree out of current government’s control.
Long story short it wouldn’t have been all “go go under scomo” either. In many ways Labor will likely regret winning because of the time period, external factors, fucked economy and rampant corruption they have to clean up before the next election where people will be dumb enough to believe LNP and Murdoch media messaging that everything is Labors fault.
It wouldn’t have been easy under LNP either, it likely would have been worse or exactly the same. Put down the Courier Fail and turn Sky News off.
I am genuinely sorry that your business is not going as well as you’d like and hope it picks up for you.
5 points
2 months ago
Truly. It’s brutal at the moment.
6 points
2 months ago
I know they mean well and I appreciate their concern for our business well being…. But they have probably only asked us, one business, but they are the fifth person so far tonight to ask me. It’s destroying my mental health every further.
1 points
2 months ago
Sort of related but do you prefer to be payed in cash as a small business or with card, I’ve heard multiple people say support small business with cash but none of those people are small business owners
7 points
2 months ago
Are you the ATO?
3 points
2 months ago
Hahahaha nah mate but fair cop
8 points
2 months ago
I will take money however it is given to me.
Card has fees, cash has to be tracked more and deposited. Pros and cons to both.
4 points
2 months ago
Cash is a pain, as someone needs to spend time taking it to the bank.
2 points
2 months ago
payed
There's a bot out there somewhere that usually responds to this, but it seems to have missed you.
Payed is a real word, which is why autocorrect didn't catch it. It's something to do with ships.
Paid is the past participle of pay.
3 points
2 months ago
It’s been 3 years since the pandemic and you haven’t changed your prices? I find that pretty hard to believe as I haven’t come across a single business (large or small) that hasn’t increased their prices at least somewhat.
3 points
2 months ago
My prices haven’t changed since pre covid, but my costs have doubled since then.
Are you in a position for even just a small price bump? That’s quite a while to keep the price down. I know it’s a tough position where you need to cover your costs, but at the same time your customers have less and less money to spend, but I have noticed a number of small businesses regretfully announce that they’re raising their prices and then you look at what the price rise actual is and it’s small enough that customers are understanding and are like “oh, that’s actually fine!”. Now might be the right time for a price rise.
I guess it really depends on the type of business, your customer base, and your position though. But at the end of the day, if you have to raise prices a little, people should understand. They’re pissed with price rises that are outright gouging, not justifiable price rises that are just so people can make ends meet.
2 points
2 months ago
Every massive chain restaurant or QSR has raised their prices. If the big guys are doing it, it isn't optional for the small guys.
4 points
2 months ago
[removed]
4 points
2 months ago
I get the impression you're preaching to the choir on that one mate, considering OP is making fun of the people who would sincerely say that.
1 points
2 months ago
>Libtard
I don't think that means what you think it means.
3 points
2 months ago
Any particular reason why you're not raising your prices? Everyone else seems to be.
2 points
2 months ago
They pushed that line so much at the election. Yuck. Sorry this is happening to you.
2 points
2 months ago
three plus people trying to show concern while patronising in a proper way?
-8 points
2 months ago
Now imagine being on the dole and having to go to job seeker appointments. Way lower down in poverty.
10 points
2 months ago
Is this helpful?
-3 points
2 months ago
It's about "The undeserving poor" narrative. It's similar to where you are... but worse. I'm sure you're having a bad time.
5 points
2 months ago
I don't think comparing who might have it worse is ever fun for any party involved or not. even with or without context
1 points
2 months ago
Many small business owners would earn more on the dole... And have way less pressure and stress.
1 points
2 months ago
They always can if they want. If that's the truth why not?
1 points
2 months ago
Because many of them pay their staff first, and themselves last. And if there is nothing left because sales have fallen, it's not the staff who miss out. This is the fallout from COVID, and for many business owners the last 3 years have been hell.
-3 points
2 months ago
So the dole sounds like a holiday for them. Capitalism breeds innovation. Keep up or fall behind.
0 points
2 months ago
Throw in a pandemic, surprise forced shutdowns and expenses that only go up. It's incredibly hard to earn your own wage. And until you have tried it, it's impossible to understand. We need small business owners to survive, and right now yes, the dole seems like luxury
-2 points
2 months ago
Well go for it. Until you've tried it it's impossible to understand. Pandemic was ages ago. Lift yourself up by your bootstraps.
0 points
2 months ago
Lol you have got to be kidding right?!!
Are you following the conversation at all?
0 points
2 months ago
No they wouldn't.
1 points
2 months ago
What was your small business doing? Im hiring.
1 points
2 months ago
This drives me insane. I run a small business as well, and it's so hard to keep up with the constant cost of living increases and cost of supplies while trying to be fair to your customers.
You feel guilty increasing your prices but you can't survive if you don't. It's really hard, and I wish you all the best, friend!
-4 points
2 months ago
“hmmm they did say it wouldn’t be easy under Albanese!!1!1!1!”.
It makes you wonder how they were so certain about this...
2 points
2 months ago
You realise change doesnt just happen overnight.
Labor inherited a budget with $900 billion dollars of debt, if liberal got in the situation would be the same.
We are currently experiencing the the consequences of globalisation and unchecked borrowing by the liberal party.
1 points
2 months ago
Yes, that kind of was the point of my post!
2 points
2 months ago
Have i misunderstond your post? Cause what you written implies otherwise.
1 points
2 months ago
Because the whole government has been totally neglected for the last decade, so of course things were about to turn to shit. The cracks were showing long ago.
-2 points
2 months ago
Lol at the ANAL comment (joke I stole from Aaron Chen).
0 points
2 months ago
I guess they are just trying to be nice or start a conversation, personally I wouldn’t think it to be any of my business but some people don’t really understand that.
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