Nope, I have not stop and will not. As a person in business for myself, I have a business model which allows me to survive during this time. Business like everything else have got its ups and downs. The question you each need to ask yourself is, what's my business model and why do I have to quit? Your business model must be flexible to deal with change in price. It's time to make adjustments. For example, to cut down on operation cost, your business model should have anticipated these low prices. Instead of looking for scrap, you should have been cultivating an environment where scrap comes looking for you. Another thing I have done is to connect with a guy that buys my appliances to repair and resell. As such, I'm making more on a washer, dryer, stove, etc than when it was $.10/lb. I can offer more ideas if you're interested.
Bookmarks