SGF, Supreme Grumble Framer
My sales are up so far this year. We had a good January and a really good February. I have always been COD with most of my vendors. My business has absolutely no debt, been that way for the last five years. I do not use credit cards, just debit cards, and I put as much as I can into savings.
After all this, do I feel comfortable? No I do not, it's scary out there and it's really hard to guess what is going to happen. I have lost close to fifteen thousand on my stock portfolio, that took many years to build, but I am not selling.....yet.
So far, business is good, but I am not bird dogging new airplanes, that is for sure.
John, your post was very close to my business outlook.
My business was off last year, but WAY UP so far this year. However, it's mostly an increase in corporate sales, not retail.
I pay everything COD, have no business debt, and try to pile as much into savings, Roth IRA, Simple IRA, and investments as possible.
I'm trying to buy more moulding specials, and more box moulding, along with keeping the payroll down as much as possible.
In my case, it's not a new airplane, but a new boat I won't be buying anytime soon.