Quote:
Originally Posted by Jim in CT
You own your own business? Then you really know what you're talking about. For me it's just theory, but you live it every day. Good luck!
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Don't give me too much credit.
Most other small business owners I know personally (aside from one or two) have laid employees off - some had to lay themselves off for a couple months. Fortunately, we were able to avoid laying anyone off but, in doing so, had to freeze pays for a year. It sucks having to tell everyone "sorry, no raises this year" but I didn't want to put anyone out of a job unless absolutely necessary. However, we did give everyone a couple extra vacation days.
There is a glimmer of light at the end of the tunnel. Opportunities can be found and because of that, I'm working on another small startup to take advantage of them. The next 6-12 months will be very interesting.