The original place is very small. The new place is 3 times bigger and all production will be moved there. It’s a lot of products but they all kind of tie into each other and the food product business is treated like another businesses essentially. I’d say it’s a cafe. You’re selling various foods – pizza, breads, Equality First Wine Second T-Shirt sweets, and “homemade” foods like jams, spreads, and sauces. You’re going to be roasting your own coffee, too? Sounds a lot like a cafe to me. great to know you’ve recovered from covid. What was your strategy to cope with covid and expand? Even now we are at 50% of precovid but the money we are investing now is very covid world oriented. I think that will help us grow. It’s a completely different world and we are trying to adapt to more outside sales.
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Looks like you’ve adopted the proper formulas, and good on you for the ability to pivot in tough times. A small bit of advice, which I’m sure you’ll hear from your new partner as well: Now is the time to focus on net earnings, not the amount of individuals you employ. When growth snowballs and you’re not focused on profits, it can go to zero very quickly. Source – One of my “big” small businesses grew from 3 to 500 staff in 2 years, and then from 500 to 10 in 1 year. I don’t think I’ve told that story online, Equality First Wine Second T-Shirt I certainly haven’t created a post telling it. Perhaps if I get bored one day I’ll write it up. wow what business did you have ? did you sell any part of the business at 500 employees? you’d probably would make a lot of $$$
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I’d be lying if I told you I wasn’t living most entrepreneurs dream. I am semi-retired (not working at all will never be an option) and own large stakes in a number of businesses. I also take strong leaders in small businesses to the next level through various means, including investing or building them into our networks. Equality First Wine Second T-Shirt Despite that, I’m not sure I’d encourage the masses to attempt it. Reading how an industry was created to lead people with false hopes is cold and cruel, in my opinion. The sacrifice that it takes to be relatively successful is significant and quite honestly sucks. I’d love to hear the story about your company. Sounds like you learnt a lot of lessons. Followed you to see if you do get bored one day and post. Best of luck to you and to OP!