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4 Replies Last post: Dec 15, 2008 5:51 PM by LUCKIEST

Have small business and work fulltime

Dec 15, 2008 5:26 PM

Click to view asante1103's profile Start-up asante1103 2 posts since
Jan 24, 2008
I am the sole owner of a small 2 year old janitorial services company. I started out under capitalized and have struggled financially from the beggining. However, I do have customers (mostly residential) which use my service according to what the economy is doing. In tough times my service is seen as a luxury item and the first thing to be eliminated on the budget. The same with my commercial accounts they are cutting back on the frequency of their cleanings. I have been considering going back to work full-time with my Business Administration/Marketing Degree to give me a reliable income stream. I do not want to give up on my dream as it is one of the only things that I am passionate about and truly to love. How can I do both.
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Click to view NoBullFunding's profile Mogul NoBullFunding 278 posts since
Oct 6, 2008
1. Re: Have small business and work fulltime Dec 15, 2008 5:35 PM
If you need the income, I think getting a full time job with benefits makes sense, meanwhile you can continue to run the business on the side so you don't need to close it all together. If it's too much for you to handle, you could always hire someone to help you out. Of course, you'll be giving up some income but at least you will be able to keep the client. Especially since you say you've been struggling financially, getting a full time job seems like the way to go.

Good luck!
Click to view logikonline's profile Professional logikonline 3 posts since
Dec 15, 2008
2. Re: Have small business and work fulltime Dec 15, 2008 5:36 PM
How much overhead does it take to manage the service? Have you thought of automating most of the service/customer interaction with a website geared towards service industry?

If you need a person fulltime to manage the service, then I suggest outsourcing to an India callcenter for basic call routing.

If you automate the service via a website (my suggestion), then for an upfront cost - you can scale it larger when times get better.

In a recession, it is never unwise to ensure a steady income by going back to work, plus it may open up new avenues. (my two cents)

regards,
Dave
Click to view asante1103's profile Start-up asante1103 2 posts since
Jan 24, 2008
3. Re: Have small business and work fulltime Dec 15, 2008 5:49 PM
in response to: logikonline
I need someone to manage the business, supervise job sites, do estimates etc.
Click to view LUCKIEST's profile SCORE LUCKIEST 7,935 posts since
Aug 6, 2007
4. Re: Have small business and work fulltime Dec 15, 2008 5:51 PM
Have small business and work full time, Welcome

*As NoBull said "*If you need the income, I think getting a full time job with benefits
makes sense, meanwhile you can continue to run the business on the side
so you don't need to close it all together."

It was nice talking to you and your idea of offering to help a senior citizen or handicap for FREE is a great idea.
Hopefully the newspaper will pick up on the idea and run a story.

Good luck, LUCKIEST