Ken wrote: ↑Tue Jan 03, 2023 2:55 pm
Exactly. I have worked every sort of shift in my life, regular daytime shifts, evening swing shifts, and graveyard shifts. By far the worst are evening swing shifts because you are working when everyone else is off and doing things so basically no social life. I'd rather work graveyard shifts and sleep during the day than work from say 4 to midnight and have my mornings free when everyone else I know is working. And if you are married and with kids it means you never see them during the week. You can't coach your kid's soccer team, go to their events, etc.
My store is open one night per week, Friday night, till 8PM. We require most employees to work at least one Friday night per month. Along with Saturdays, Friday nights are the hardest shifts to staff. Students are often the best bet because those are the exact times they are available to work. I'm not open Sundays, but I would bet that is a tough day to schedule as well. If you have enough staff, one person doesn't have to work those shifts all the time.
I've got employees who want to work full time, Monday through Friday, but not weekends, but who we only give part-time hours because they won't work Saturdays.
Ken wrote: ↑Tue Jan 03, 2023 2:55 pm
Exactly. I have worked every sort of shift in my life, regular daytime shifts, evening swing shifts, and graveyard shifts. By far the worst are evening swing shifts because you are working when everyone else is off and doing things so basically no social life. I'd rather work graveyard shifts and sleep during the day than work from say 4 to midnight and have my mornings free when everyone else I know is working. And if you are married and with kids it means you never see them during the week. You can't coach your kid's soccer team, go to their events, etc.
I can agree to that. My employer's second shift is the hardest shift, yet that is where all the new people have to go until something on dayshift open up. We had a third shift many years ago (I am one of the only remaining original third shifters!). In another 6 weeks, we are putting it back into place, under a different regimen than it was before.
Ken wrote: ↑Tue Jan 03, 2023 2:55 pm
Exactly. I have worked every sort of shift in my life, regular daytime shifts, evening swing shifts, and graveyard shifts. By far the worst are evening swing shifts because you are working when everyone else is off and doing things so basically no social life. I'd rather work graveyard shifts and sleep during the day than work from say 4 to midnight and have my mornings free when everyone else I know is working. And if you are married and with kids it means you never see them during the week. You can't coach your kid's soccer team, go to their events, etc.
I can agree to that. My employer's second shift is the hardest shift, yet that is where all the new people have to go until something on dayshift open up. We had a third shift many years ago (I am one of the only remaining original third shifters!). In another 6 weeks, we are putting it back into place, under a different regimen than it was before.
temporal1 wrote: ↑Tue Jan 03, 2023 9:12 am
The question i can’t shake is: Were there no buyers interested in taking over these popular+long-established businesses?
Is there some tax benefit in just abruptly closing?
What’s going on?
Part of the problem is that a long-established business may have no or very little debt. The profit margin may be barely adequate to keep the business open under the current ownership, so it's offered for sale. But a potential buyer is likely to have to borrow to buy the business, and revenue would have to increase to cover the debt service. However, costs are also increasing due to inflation, and interest rates have jumped in recent months. Can prices be raised enough to be profitable without harming sales? If not, either it won't sell, or the new owner will soon be forced to close it.
Inflation, wildly inflated real estate values, resulting in wildly increased property taxes, too.
“Losing the farm to taxes” imagery hits more than farms.
temporal1 wrote: ↑Tue Jan 03, 2023 9:12 am
The question i can’t shake is: Were there no buyers interested in taking over these popular+long-established businesses?
Is there some tax benefit in just abruptly closing?
What’s going on?
Part of the problem is that a long-established business may have no or very little debt. The profit margin may be barely adequate to keep the business open under the current ownership, so it's offered for sale. But a potential buyer is likely to have to borrow to buy the business, and revenue would have to increase to cover the debt service. However, costs are also increasing due to inflation, and interest rates have jumped in recent months. Can prices be raised enough to be profitable without harming sales? If not, either it won't sell, or the new owner will soon be forced to close it.
Inflation, wildly inflated real estate values, resulting in wildly increased property taxes, too.
“Losing the farm to taxes” imagery hits more than farms.
According to some people, there’s no inflation and it isn’t a big deal.
