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View Poll Results: How's Your Revenue?
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Going up
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4 |
25.00% |
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Going down
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4 |
25.00% |
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Staying about the same
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6 |
37.50% |
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Revenue? Wuzzat?
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2 |
12.50% |
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08-10-2012, 01:43 PM
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Junior Member
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Join Date: Jul 2012
Location: Scranton, PA
Posts: 12
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Is your local economy recovering?
According to (un)informed sources, Real Estate foreclosures are declining, generally. However, in some areas, things continue to languish.
I'm wondering if your revenue is up, down or staying the same. Naturally, I hope it's at least staying the same if you're in the black.
Sincerely,
Vince Runza
P.S. The poll is anonymous.
Last edited by Vince Runza; 08-10-2012 at 01:55 PM.
Reason: Added a sterling post script!
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08-10-2012, 01:48 PM
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Senior Member
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Join Date: Feb 2007
Location: Muskegon, Michigan
Posts: 6,756
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Vince,
My best guess is the local economy is staying the same as it's been since 2009. There were some announcements of some big projects to come (like the second generation Lithium battery plant) but they have stalled and construction did not begin. So there's nothing I can point to that shows any sign of new life or hope for the local economy.
__________________
"Lead, follow or get out of the way." Larry Adamski
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08-10-2012, 01:54 PM
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Senior Member
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Join Date: Aug 2007
Location: Los Angeles CA
Posts: 1,517
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Quote:
Originally Posted by Vince Runza
According to (un)informed sources, Real Estate foreclosures are declining, generally. However, in some areas, things continue to languish.
I'm wondering if your revenue is up, down or staying the same. Naturally, I hope it's at least staying the same if you're in the black.
Sincerely,
Vince Runza
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Actually, The banks are just selling the notes to bulk investors and just like my next door neighbor who has not paid his mortgage in 3yrs is still in his "forecloure" process BS.
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08-10-2012, 02:13 PM
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Senior Member
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Join Date: Feb 2004
Posts: 154
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The biggest problem I face in gentrification . If we did not have rent control I would be out of business already . Latin familys are being replaced by single Caucasian professionals in the areas my laundromat is located
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08-10-2012, 02:21 PM
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Junior Member
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Join Date: Jul 2012
Location: Scranton, PA
Posts: 12
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Quote:
Originally Posted by alesser738
The biggest problem I face i[s] gentrification . If we did not have rent control I would be out of business already . Latin famil[ie]s are being replaced by single Caucasian professionals in the areas my laundromat is located
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Single Caucasian professionals who all have environmentally conscious washers and dryers, no doubt. Ouch!
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08-10-2012, 02:27 PM
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Junior Member
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Join Date: Jul 2012
Location: Scranton, PA
Posts: 12
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Quote:
Originally Posted by chad
Actually, The banks are just selling the notes to bulk investors and just like my next door neighbor who has not paid his mortgage in 3yrs is still in his "foreclo[s]ure" process BS.
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Yeah, like those folks who gave up looking for a job. Unemployment is lower!
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08-10-2012, 02:43 PM
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Senior Member
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Join Date: Sep 2010
Location: NYC
Posts: 1,061
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My attendant (legal U.S. resident) is leaving this country next week. I am hiring three attendants. Two of them are likely going to work 40 hours.
As a result, this year, one person will claim unemployed in the U.S. Three people will claim employed. My store's revenue will likely stay the same. I will work less hours and make less profit. I'm confused about what I should vote.
__________________
- John
_________________________________________________
-I wish that all I do is to collect coins, just like the other laundromat owner down the street.
--Whoa, is that all he does? What an easy job!
-No. It is his wish, too.
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08-10-2012, 03:01 PM
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Senior Member
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Join Date: Feb 2012
Posts: 125
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Quote:
Originally Posted by chad
The banks are just selling the notes
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we bought one our mats by purchasing the note and paying the "owner" to leave. foreclosures are very, very, very messy procedures.
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08-28-2012, 01:14 PM
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Member
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Join Date: Nov 2006
Location: Connecticut
Posts: 52
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Hanging on......
There are but a few businesses left open in my small community. We just lost another restaurant and the bakery closed. My landlord has so many storefronts available for rent but no businesses coming into town. My business is down over previous years and if it weren't for my one and only seasonal, commercial account, I would be closing as well. The economy is very bad here and I feel its gotten even worse than last year.
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08-28-2012, 01:35 PM
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Senior Member
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Join Date: Aug 2007
Location: Los Angeles CA
Posts: 1,517
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Quote:
Originally Posted by Rocki
There are but a few businesses left open in my small community. We just lost another restaurant and the bakery closed. My landlord has so many storefronts available for rent but no businesses coming into town. My business is down over previous years and if it weren't for my one and only seasonal, commercial account, I would be closing as well. The economy is very bad here and I feel its gotten even worse than last year.
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So sorry to hear that. A presidents focus should be right now on creating jobs. Just hang in there!
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