Struggling with your Business

This article was posted 08/28/2009 and is most likely outdated.

Subject - Are You Struggling with your Business?

August 28, 2009
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Struggling with Your Business?

Are you struggling financially with your business due to the economy? Don’t know where to go to get help? There are a lot of people finding themselves and their business in one of the most difficult situations they have ever faced. We’re hearing a lot of these stories, and we understand it’s a rough road right now.

I want to do a series of newsletters to address your business concerns and I need your help. If you would please detail the specifics of the problems you are facing and send them to me, I’ll use this information to find out what topics most need to be addressed to help businesses right now.

Some of you have successful strategies to weather this storm, and I would apprecite if you would take the time to share them with me so that we can help each other survive and prosper during this most difficult of times.

You, your family, and your businesses are in my prayers.

God Bless, Mike Holt
Mike@MikeHolt.com

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Comments

We are living day to day! A hand up would be real nice right now. I remember having a backlog of 4-6 weeks now we are at 4-6 hours. I have 1 2 man job scheduled for tomorrow. I have 5 field employees. 4 JM, 1 A, 1 helper. The phone has stopped ringing. Unlicensed handyman are working for less than wages, IBEW guys on the bench are side jobbing, the list goes on. We cut almost everything to stay in business, including my pay! We did however increase our marketing budget and are looking at other ways to gain exposure. The getting paid part has always been a problem. It seems worse now. We are "writing off" $15K this month as uncollectible debt, which will of course wreck our P&L for the month and then carry out to the end of the year. We'll survive but we'll be scarred.

Tim

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