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Thread: Recession bites

  1. #1
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    6th June 2008 - 17:24
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    Recession bites

    Looks like I have to sell my house before the bank forecloses on account of not enough money coming in to keep the business afloat. Bugger.

    Rather sell the house than the bike though...ya reckon I could garage it under the Claudelands bridge? Next to my bedroll?

    Anyone need a Liquor manager? Or teacher? Or horticulturist? Or Psychologist? Coz I can be any of the above...daresay I could be a bullshit artist as well if necessary...
    . “No pleasure is worth giving up for two more years in a rest home.” Kingsley Amis

  2. #2
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    25th June 2005 - 10:56
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    Its been tough out there for the last year or so.
    I feel for you, mate.
    There is only one direction when yu are at the bottom though, and that is up!
    Good luck.
    Diarrhoea is hereditary - it runs in your jeans

    If my nose was running money, I'd blow it all on you...

  3. #3
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    Mate, shite news,

    Hope all works out well, keep your chin up, I have about 7 chins to keep up so yoru one should be a piece of piss

    Take care mate

  4. #4
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    Shit mate not good.If I was up your way I'd buy my booze from you,
    Good luck.
    Never too old to Rock n Roll.
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  5. #5
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    Quote Originally Posted by MIXONE View Post
    Shit mate not good.If I was up your way I'd buy my booze from you,
    Good luck.
    I've bough booze from him and it was fecking good. Maybe we should start a 'Save Sloey' campaign. Everyone in the 'tron buys their piss from there next week. I'm down there on Wednesday so I shall be calling in for another bottle of that Rose

  6. #6
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    6th June 2008 - 17:24
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    I don't really mind about the shop - been here for four and a half years working six days a week for fuck all. But I did quite like having a house to live in...

    Part of the problem is me trying to sell quality products instead of quantity products. Lots of people don't give a shit about quality any more - they just want cheap. As long as it gets them pissed they don't care. I always believed that there is a market for quality but that market is tiny now and getting smaller all the time. But then maybe I'm just some kind of ancient fossil holding onto long gone beliefs...
    . “No pleasure is worth giving up for two more years in a rest home.” Kingsley Amis

  7. #7
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    Quote Originally Posted by slofox View Post
    I don't really mind about the shop - been here for four and a half years working six days a week for fuck all. But I did quite like having a house to live in...

    Part of the problem is me trying to sell quality products instead of quantity products. Lots of people don't give a shit about quality any more - they just want cheap. As long as it gets them pissed they don't care. I always believed that there is a market for quality but that market is tiny now and getting smaller all the time. But then maybe I'm just some kind of ancient fossil holding onto long gone beliefs...
    I hear you. I'm almost in the same boat, working like a fool just to standstill & trying to offer the best product I can get my hands on but still be competitive on price. If a silver lining doe's not appear save me a space under the bridge, you bring the brandy I will bring the coffee.

  8. #8
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    Quote Originally Posted by slofox View Post
    Looks like I have to sell my house before the bank forecloses on account of not enough money coming in to keep the business afloat. Bugger.

    Rather sell the house than the bike though...ya reckon I could garage it under the Claudelands bridge? Next to my bedroll?

    Anyone need a Liquor manager? Or teacher? Or horticulturist? Or Psychologist? Coz I can be any of the above...daresay I could be a bullshit artist as well if necessary...
    Horticulture; there's your answer!

  9. #9
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    Quote Originally Posted by george formby View Post
    I hear you. I'm almost in the same boat, working like a fool just to standstill & trying to offer the best product I can get my hands on but still be competitive on price. If a silver lining doe's not appear save me a space under the bridge, you bring the brandy I will bring the coffee.
    You're on! Plenty space under that bridge...
    . “No pleasure is worth giving up for two more years in a rest home.” Kingsley Amis

  10. #10
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    Quote Originally Posted by peasea View Post
    Horticulture; there's your answer!
    Green ecomony, huh..?
    . “No pleasure is worth giving up for two more years in a rest home.” Kingsley Amis

  11. #11
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    The amount of business I am getting suggests that I may be joining you in Bridge City.
    The best way to forget all your troubles is to wear tight underpants.

  12. #12
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    Bugger. Oh well, you were lucky to HAVE your own house while running a small business - mostly banks won't touch property finance for someone with a small business.

    I count myself extremely fortunate to have survived all this time in business, and at the higher end of the market too.

    Still, as you say, a piss poor income really.

    Things will pick up mate.

    Steve
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  13. #13
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    Quote Originally Posted by yungatart View Post
    Its been tough out there for the last year or so.
    That may be the understatement of the decade!

    Quote Originally Posted by slofox View Post
    But I did quite like having a house to live in...
    Having been in a place before where the loss of my house was close to inevitable (and in a country with no welfare system and a big stigma against renting), I can sympathise. But having been through that and finding it wasn't as bad as I thought, I'm less concerned now that I'm heading for a similar sort of place again (a few months behind you, maybe). Owning a house is over-rated, unless you own it outright and can cover the running costs - then it's a source of comfort. As soon as it becomes a risk to your financial well-being, that value goes away.

    And WINZ may be a complete PITA to deal with but they'll make sure you don't sleep under a bridge, at least...

    Quote Originally Posted by slofox View Post
    Green ecomony, huh..?
    I've been watching the job boards for a while and there are regular hort job ads, at least up in Auckland. They all call for Hort 4 and spraying certs, and pay like shit, but they're work. I'd assume there would be more hort jobs in the Waikato? Or maybe across towards Tauranga if you have the option to move? But yeah, failing which, there's always Northland and the other green economy....

    Alternatively maybe you should rebrand and start selling cheap shit booze in quantity? I assume people are still drinking, recessions typically don't slow that down... Or link up with the local Scottish society?
    Redefining slow since 2006...

  14. #14
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    Quote Originally Posted by slofox View Post
    Looks like I have to sell my house before the bank forecloses on account of not enough money coming in to keep the business afloat. Bugger.

    Rather sell the house than the bike though...ya reckon I could garage it under the Claudelands bridge? Next to my bedroll?

    Anyone need a Liquor manager? Or teacher? Or horticulturist? Or Psychologist? Coz I can be any of the above...daresay I could be a bullshit artist as well if necessary...
    At least house prices haven't bombed. Assuming you didn't buy in 07 you should come out in the black And home ownership is overrated unless you're seeing good capital gains, which I think is unlikely in near future. I reckon you're selling up at a good time /my2c

  15. #15
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    have you thought about the shop within a shop idea?? The "big" shop sells the bread n butter and then within it is the stuff you are passionate about.
    To see a life newly created.To watch it grow and prosper. Isn't that the greatest gift a human being can be given?

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