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Originally Posted by
Dob Hooligan
First off...yes. I would absolutely be concerned. and I have lived through those downturns in 40 plus years of being an undercapitalized, ignorant small business owner/operator. I am a relic in my industry and the only reason I'm still around is because my property is paid for and I got nothing else to do. Plus, a few employees who are also old. I fully understand the modern world eliminating my type business, and realize the world goes on without me just fine. People still spending in my type business. They can't live without it. They just don't want to spend it with me.
My question about the clothing store you ran is if people are still buying clothes, just not at your store? We all get crushed by changing consumer tastes.
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