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Sunshine Coast Small Business: A Looming Crisis?
04-06-2014, 03:56 PM,
#5
RE: Sunshine Coast Small Business: A Looming Crisis?
Guys

Wanted to follow with another anecdote from what Garth T calls "godless 416" - downtown Toronto...

We live in High Park, one of the better, but by no means Rosedale or Bridle Path, 'hoods in TO. Anyway, the recent exchange of posts with you guys led me to some musings as I was out and about getting groceries with my wife and our little one. I decided to tally up failed businesses on our local high street.

The short answer is five businesses have gone down since the start of the year out of perhaps 40 in that precinct. What's of note, maybe, is that four of those failures have been in the past month. Also, two or three other stores are taking "extended breaks for family reasons" - there seems to be a lot of that about - do you not pay taxes as a small business owner in TO if you are not operating? I guess it would make sense if you are not getting paid. also you don't have overheads if you shut up shop and go away for two months.

A further 0.02c from this exiled BC person -


Jimmy
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RE: Sunshine Coast Small Business: A Looming Crisis? - by JimmyWW - 04-06-2014, 03:56 PM

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