When to call it quits..
I've been open for 2 years in Northern West Virginia and we have everything it takes to have a successful business. We have a nice paint booth, big media blast cabinet, large and small tanks and a brand new 7k square foot building. I've hit some snags, learning curves I guess, but all in all I get the jobs done. Our problem is that we are bleeding money.. In the red bad! We spend way more than we make. Our prices our fair, (.20 a sq inch plus labor) but customers still gasp at prices. I'm the only one in the shop. It's a family business, my sister and brother in law are the owners. We can't afford to get me help, I'm way behind on big jobs like motorcycle parts or I'm having too many failures with certain films. Can anyone relate and how did you cope? This community is great and thanks for any input, all is welcome.