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Joined: Sep 2012
Posts: 7,947 Likes: 127
14 point
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14 point
Joined: Sep 2012
Posts: 7,947 Likes: 127 |
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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Joined: Nov 2011
Posts: 22,621 Likes: 23
Freak of Nature
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Freak of Nature
Joined: Nov 2011
Posts: 22,621 Likes: 23 |
Inflation is 3%. That’s why the stock market went up 30% last year. Just a small 3% inflation rate is all we have…. 
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Joined: Aug 2001
Posts: 82,553 Likes: 542
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 82,553 Likes: 542 |
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" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Sep 2011
Posts: 9,185 Likes: 17
14 point
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14 point
Joined: Sep 2011
Posts: 9,185 Likes: 17 |
I spent about a hour Friday walking around Walmart looking at primarily groceries. Yea 3% my ass. Had to buy a small container of the cheap lighter fluid it was 5.00. Walked out out of there with 100.00 spent. And half of that was Walmart brand stuff. did not hardly have chit when I walked out of there. Sorry to hear about your wife’s business. This govt is giving us a royal screwing 😬😬. Guess we having to pay Ukraine pensions and giving all ILLEGALS free debit cards. Just going to get worse.
David looney
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Joined: Jan 2011
Posts: 6,613 Likes: 21
14 point
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14 point
Joined: Jan 2011
Posts: 6,613 Likes: 21 |
I think it affects us all so incrementally that we just angrily cope until something like this hits our family. I sure hate to hear that roadkill. I would hope (and bet) her customers would end up adapting and valuing what she does. Pulling for things to go her way so she can continue as long as she wants to.
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Joined: Feb 2009
Posts: 4,553 Likes: 15
10 point
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10 point
Joined: Feb 2009
Posts: 4,553 Likes: 15 |
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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Joined: Aug 2006
Posts: 9,996 Likes: 38
14 point
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14 point
Joined: Aug 2006
Posts: 9,996 Likes: 38 |
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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Joined: Mar 2018
Posts: 4,938 Likes: 122
12 point
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12 point
Joined: Mar 2018
Posts: 4,938 Likes: 122 |
I been retired 8 years. Social security pretty well paid my bills for 5. Not anymore and I got a huge garden and eat a lot of wild critters.
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Joined: Feb 2007
Posts: 26,768 Likes: 174
Freak of Nature
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Freak of Nature
Joined: Feb 2007
Posts: 26,768 Likes: 174 |
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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Joined: Jan 2012
Posts: 10,530 Likes: 13
Booner
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Booner
Joined: Jan 2012
Posts: 10,530 Likes: 13 |
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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Joined: Feb 2007
Posts: 26,768 Likes: 174
Freak of Nature
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Freak of Nature
Joined: Feb 2007
Posts: 26,768 Likes: 174 |
Inflation is 3%. That’s why the stock market went up 30% last year. Just a small 3% inflation rate is all we have…. Language warning If this is true then financials are in a really bad place https://www.facebook.com/reel/247683231725523?fs=e&mibextid=0VwfS7
“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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Joined: Aug 2001
Posts: 82,553 Likes: 542
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 82,553 Likes: 542 |
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. ![[Linked Image]](https://aubullion.ca/wp-content/uploads/2022/09/Picture1-1.jpg)
Last edited by Skinny; 02/25/24 03:22 PM.
"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Dec 2014
Posts: 9,111 Likes: 35
14 point
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14 point
Joined: Dec 2014
Posts: 9,111 Likes: 35 |
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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Joined: Jul 2020
Posts: 10,392 Likes: 73
Booner
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Booner
Joined: Jul 2020
Posts: 10,392 Likes: 73 |
I bought a small bag of weed and feed at lowes yesterday, out the door it was $52.xx
Groceries are insane.
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Joined: Aug 2001
Posts: 82,553 Likes: 542
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 82,553 Likes: 542 |
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" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Dec 2013
Posts: 28,527 Likes: 583
a.k.a. Dingle Johnson
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a.k.a. Dingle Johnson
Joined: Dec 2013
Posts: 28,527 Likes: 583 |
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.
"When I say ever thing I mean ever thing." - Frankie
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Joined: Mar 2013
Posts: 15,167 Likes: 7
Old Mossy Horns
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Old Mossy Horns
Joined: Mar 2013
Posts: 15,167 Likes: 7 |
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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Joined: Oct 2013
Posts: 4,236 Likes: 1
10 point
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10 point
Joined: Oct 2013
Posts: 4,236 Likes: 1 |
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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Joined: Oct 2012
Posts: 12,173 Likes: 47
Booner
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Booner
Joined: Oct 2012
Posts: 12,173 Likes: 47 |
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!
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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Joined: Dec 2008
Posts: 4,005 Likes: 1
10 point
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10 point
Joined: Dec 2008
Posts: 4,005 Likes: 1 |
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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