lately since the economy has been goin downhill, so has my dads buisness. hes a master plumber and hes been doin this work for about 30 years. we live out in the country and live about 30 min. away from town which makes gas cost for us sky high. for our buisness we rely on getting calls, etc, and lately they havent beem coming in and we dont know wat to do nothin is getting better, we're sellin our house and wanting to move out of state, but we dont know if thatll make things better, we're really tight on money, we cant even afford twenty dollars for my school lunch and highschool football game/dance. if anyone has any mind of financial advice for our situation, i would grealty appreciate it and if not just pray for us, we really need any kind of help we can get.
2006-10-18 14:55:45 · 6 answers · asked by sarah_gotdance 3 in Business & Finance ➔ Small Business
oh and we're planning on moving to myrtle beach, good or bad place for new plumbers?(theres a lot of plumbers in myrtle beach)
2006-10-18 15:24:39 · update #1
There is no reason that a plumber (anywhere) should be broke. He needs to find someone who knows how to run a business. His plumbing skills may be excellent, but if his business skills are not, he will go broke.
Moving to a stronger economy will certainly help, but he will be working longer and harder than he needs to for the same money if he can't run a business. He should be able to weather downturns in the economy if he is doing the right things on the business side (advertising, marketing, bookkeeping, setting money back for slow times, etc.)
2006-10-18 15:02:13 · answer #1 · answered by normobrian 6 · 1⤊ 0⤋
That really blows. Do you have an older sibling who can work? That's the first thing that comes off the top of my head right now. Also, you might want to talk to your parents about something called "debt consolidation." It's basically taking out a loan that's on low interest (about 5-7%) to pay off all the debts (like credit cards, which has an interest rate of 18-20%). It's more of a long-term solution, but they might start thinking about it. And remember, there's always a light at the end of the tunnel. My parents went through the same thing yours are going through, and they came out fine. Good luck!
2006-10-18 15:07:06 · answer #2 · answered by Anonymous · 1⤊ 0⤋
I will pray for you.
Can you do something from home? Any part time jobs out there that you can take?
Is your mother still around? Is she working?
Do you have any other family members who can work?
Can you sell any home items on eBay?
It is heartbreaking to hear stories like this. Small businesses are really getting hit hard with the higher costs of doing business.
2006-10-18 14:59:56 · answer #3 · answered by knoxymama 2 · 1⤊ 0⤋
Only advice is don't move to Michigan. We have the worst economy in the nation. HEck you probably are in MI that's why your in such dire straits. Sorry about your situation. Hope things get better.
2006-10-18 14:59:42 · answer #4 · answered by escapegrl1 3 · 1⤊ 0⤋
i agree with a couple of previous answers
1,your dad has a good occupation and should consider moving where there is a lot of building,for example LA where i live.
2,i also have made money just filling out surveys and it a good source of extra income try it you might like it.
http://www.*************/index.php?ref=10734
http://www.treasuretrooper.com/182479
2006-10-18 15:34:08 · answer #5 · answered by rebelndave 1 · 0⤊ 1⤋
I'll pray for you......
2006-10-18 15:04:48 · answer #6 · answered by Anonymous · 1⤊ 0⤋