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Well, I have been thinking about trimming the fat with my business. We just moved into our new shop which has added a big budget woe. And with gas prices at $1.84 here, insurance rates increases, and the new city tax that we will encounter, I have thought about letting go my top manager. I have been thinking about bringing in another guy and training him and paying him less. I would save approx $500-$750 a month by bringing in a new guy.
I have also thought about going back to a one man operation to save on expenses and pocket some extra money. The problem that I will face is the lack of help, no free time, etc. Currently I have one full timer, one part-full timer, and one part timer that help out during the year.
What do you guys think of the situation? Have any of you run into something similar to this? And what did you do?
I have also thought about going back to a one man operation to save on expenses and pocket some extra money. The problem that I will face is the lack of help, no free time, etc. Currently I have one full timer, one part-full timer, and one part timer that help out during the year.
What do you guys think of the situation? Have any of you run into something similar to this? And what did you do?