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Velvet
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Inflation
#4090010
02/25/24 12:00 PM
02/25/24 12:00 PM
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Joined: Sep 2012
Posts: 7,253 just south of the Tennesse riv...
roadkill
OP
14 point
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OP
14 point
Joined: Sep 2012
Posts: 7,253
just south of the Tennesse riv...
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Looks like this might be the last year for wife's bakery/restaurant. Sure, there is the age thing for her but she loves doing it. The main reason is inflation. She cannot charge enough to cover the expense of doing business and expect people to pay it. Her costs have almost doubled in the last two years. Power, utilities, insurance, basics like flour, butter, milk, sugar, eggs - all the basic essential ingredients have increased twofold if not more. She would have to almost triple the cost of everything going out the door to stay viable. People won't/can't pay that for a non essential product. Think about that next time someone tells you how great the economy is under democrats.
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Re: Inflation
[Re: roadkill]
#4090016
02/25/24 12:15 PM
02/25/24 12:15 PM
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Joined: Aug 2001
Posts: 64,043 Luverne, AL
Skinny
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 64,043
Luverne, AL
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Inflation is how they consolidate power. Its built into the design. Small businesses have a hard time competing against big corporations as it is, inflation is the war of attrition against independents who have figured out how to stay in the game against the giants.
Never Trust Government
"You can be broke but you cant be poor." Ruthie-May Webster
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Re: Inflation
[Re: roadkill]
#4090026
02/25/24 12:32 PM
02/25/24 12:32 PM
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Joined: Feb 2009
Posts: 2,808 Huntsville, Al
Bronco 74
10 point
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10 point
Joined: Feb 2009
Posts: 2,808
Huntsville, Al
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I cannot walk in to a grocery store without spending $100.
"We have an opponent in this state that we work every day, 365 days a year, to dominate."
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Re: Inflation
[Re: roadkill]
#4090036
02/25/24 12:51 PM
02/25/24 12:51 PM
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Joined: Aug 2006
Posts: 8,894 Andalusia, Covington County, A...
TexasHuntress
14 point
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14 point
Joined: Aug 2006
Posts: 8,894
Andalusia, Covington County, A...
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Looks like this might be the last year for wife's bakery/restaurant. Sure, there is the age thing for her but she loves doing it. The main reason is inflation. She cannot charge enough to cover the expense of doing business and expect people to pay it. Her costs have almost doubled in the last two years. Power, utilities, insurance, basics like flour, butter, milk, sugar, eggs - all the basic essential ingredients have increased twofold if not more. She would have to almost triple the cost of everything going out the door to stay viable. People won't/can't pay that for a non essential product. Think about that next time someone tells you how great the economy is under democrats. Can she convert the bakery portion into a cottage business and work out of your home? Or maybe she can adjust her marketing to lure the ones who can afford the increased cost in products.
If you live to be a hundred, I want to live to be a hundred minus one day, so I never have to live without you.---Winnie the Pooh
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Re: Inflation
[Re: TexasHuntress]
#4090077
02/25/24 02:01 PM
02/25/24 02:01 PM
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Joined: Feb 2007
Posts: 18,983 colbert county
cartervj
Old Mossy Horns
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Old Mossy Horns
Joined: Feb 2007
Posts: 18,983
colbert county
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Looks like this might be the last year for wife's bakery/restaurant. Sure, there is the age thing for her but she loves doing it. The main reason is inflation. She cannot charge enough to cover the expense of doing business and expect people to pay it. Her costs have almost doubled in the last two years. Power, utilities, insurance, basics like flour, butter, milk, sugar, eggs - all the basic essential ingredients have increased twofold if not more. She would have to almost triple the cost of everything going out the door to stay viable. People won't/can't pay that for a non essential product. Think about that next time someone tells you how great the economy is under democrats. Can she convert the bakery portion into a cottage business and work out of your home? Or maybe she can adjust her marketing to lure the ones who can afford the increased cost in products. Know a guy whose wife does this. Craft style business can charge a premium and since overhead is already covered so to speak it’s a sweet deal. She does porch pickup Also good way to write off a nice kitchen upgrade with convection ovens etc…. A sub-zero refrigerator to keep stuff fresher for longer etc…… But as you meant. Cost are killing small businesses. Lean and mean is on who new level these days. Like skinny said. Large corps can absorb those cost much easier than mom and pop It’s all by design. Chaos creates change. Killing small businesses kills morale
“Socialism only works in two places: Heaven where they don't need it and hell where they already have it.” ― Ronald Reagan
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Re: Inflation
[Re: roadkill]
#4090100
02/25/24 02:28 PM
02/25/24 02:28 PM
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Joined: Jan 2012
Posts: 9,835 North Jackson
ridgestalker
14 point
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14 point
Joined: Jan 2012
Posts: 9,835
North Jackson
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I read somewhere that it cost the average family 12-15k more just to live the last four years. I find that to be pretty accurate inflation rate.
"The Heavens declare the glory of God;and the firmament sheweth his handiwork" Pslam 19:1
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Re: Inflation
[Re: cartervj]
#4090136
02/25/24 03:20 PM
02/25/24 03:20 PM
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Joined: Aug 2001
Posts: 64,043 Luverne, AL
Skinny
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 64,043
Luverne, AL
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Exeter's Pyramid is a basic money concept a lot of people should learn to get an idea of scale and how safe the money system is. Basically, gold, silver, and actual printed paper money are the safest, and stocks, derivatives, and debt instruments are less safe.
Last edited by Skinny; 02/25/24 03:22 PM.
Never Trust Government
"You can be broke but you cant be poor." Ruthie-May Webster
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Re: Inflation
[Re: roadkill]
#4090150
02/25/24 03:45 PM
02/25/24 03:45 PM
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Joined: Dec 2014
Posts: 7,546 Boaz,AL
CarbonClimber1
14 point
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14 point
Joined: Dec 2014
Posts: 7,546
Boaz,AL
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Baby formula is $52 a can…an we buyin like 4 cans a month…that aint countin diapers an other stuff🤬
"I dont quit.. And ill fight alone if i have to"
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Re: Inflation
[Re: Lockjaw]
#4090172
02/25/24 04:25 PM
02/25/24 04:25 PM
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Joined: Aug 2001
Posts: 64,043 Luverne, AL
Skinny
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 64,043
Luverne, AL
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I bought a small bag of weed and feed at lowes yesterday, out the door it was $52.xx
Groceries are insane. Especially if you are having to eat lawn care chemicals.
Never Trust Government
"You can be broke but you cant be poor." Ruthie-May Webster
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Re: Inflation
[Re: Lockjaw]
#4090173
02/25/24 04:25 PM
02/25/24 04:25 PM
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Joined: Dec 2013
Posts: 22,700 Lickskillet, AL
Irishguy
a.k.a. Dingle Johnson
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a.k.a. Dingle Johnson
Joined: Dec 2013
Posts: 22,700
Lickskillet, AL
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I bought a small bag of weed and feed at Lowes yesterday, out the door it was $52... How much is just a bag of weed?
Last edited by Irishguy; 02/25/24 04:26 PM.
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Re: Inflation
[Re: Irishguy]
#4090174
02/25/24 04:28 PM
02/25/24 04:28 PM
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Joined: Mar 2013
Posts: 14,629 Clanton
Turkey_neck
Booner
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Booner
Joined: Mar 2013
Posts: 14,629
Clanton
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I bought a small bag of weed and feed at Lowes yesterday, out the door it was $52... How much is just a bag of weed? I thought he’d done slipped up myself.
Would walk over a naked woman to get to a gobblin turkey!
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Re: Inflation
[Re: Irishguy]
#4090182
02/25/24 04:38 PM
02/25/24 04:38 PM
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Joined: Oct 2013
Posts: 3,689 Alabaster, Al
Buck_TrackingAL
10 point
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10 point
Joined: Oct 2013
Posts: 3,689
Alabaster, Al
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I bought a small bag of weed and feed at Lowes yesterday, out the door it was $52... How much is just a bag of weed? Dime bag will cost you $20 now
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Re: Inflation
[Re: Buck_TrackingAL]
#4090212
02/25/24 05:35 PM
02/25/24 05:35 PM
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Joined: Oct 2012
Posts: 10,620 Central, Al
Bustinbeards
Booner
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Booner
Joined: Oct 2012
Posts: 10,620
Central, Al
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I bought a small bag of weed and feed at Lowes yesterday, out the door it was $52... How much is just a bag of weed? Dime bag will cost you $20 now A twenty twen twen don’t go as far as it used to!
Originally Posted By: Wiley Coyote Well, the way I see it is there's just too many assholes On a good day there's a bunch of assholes in here. On a bad day there's too many assholes in here.
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Re: Inflation
[Re: TexasHuntress]
#4090256
02/25/24 06:54 PM
02/25/24 06:54 PM
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Joined: Dec 2008
Posts: 3,861 dothan
eskimo270
10 point
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10 point
Joined: Dec 2008
Posts: 3,861
dothan
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Looks like this might be the last year for wife's bakery/restaurant. Sure, there is the age thing for her but she loves doing it. The main reason is inflation. She cannot charge enough to cover the expense of doing business and expect people to pay it. Her costs have almost doubled in the last two years. Power, utilities, insurance, basics like flour, butter, milk, sugar, eggs - all the basic essential ingredients have increased twofold if not more. She would have to almost triple the cost of everything going out the door to stay viable. People won't/can't pay that for a non essential product. Think about that next time someone tells you how great the economy is under democrats. Can she convert the bakery portion into a cottage business and work out of your home? Or maybe she can adjust her marketing to lure the ones who can afford the increased cost in products. My daughter recently graduated from au with a culinary science degree, she has a job at a local restaurant helping with their catering side. She has a cottage business and does really well. While she does cakes, she focuses on specialty things like macarons, cupcakes, etc which doesn’t cost her as much to make but are generally higher cost items.
Super Predator
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