We are looking for a better area for our business
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10/28/2008
The three families who own our business are very fortunate to be able to have started this business 5 years ago, with only the capital in our homes, some of our retirements/investments and some investor's money. Our children have scholarships to a private Christian School connected to our church and or are homeschooled. Our families have helped us out when we needed it from time to time. The climate is moderate, the crime rate is reportedly very low and the area is very multicultural.
Housing is expensive and becoming less so, with the economy. We all have balloon payments that have adjusted down. As employers, we pay our bills & payroll ect. first and ourselves last. We all have sizable unsecured debt that we have not been able to pay down. Our business is thriving, but the founder's family is not doing as well. We have no retirement, and need some breathing room, ie money so that we can pay the debts off. The other two families have retirement and investments still and family that lives in the area and helps out on a regular basis. If the founder leaves, then the heart of the company is gone.
I am the founder's wife, here. I have never been fond of this area. Too fast paced, never any money to spend. It costs too much to live here. I don't need all the culture. Personally, I would love to have some breathing room to be able to paint, draw, sculpt without always having to worry about money and expenses and feel I have to have a full time job to help out.
My husband is so busy that he can't even consider moving. I am a former Navy brat and have no problem with it. My husband's concern is being able to find quality software engineers and artists to work for our company...of which he does alot of it, because we can't afford to hire people anyway. The other families are open to moving, but have family here and it is far down on their list. Our company is a one of a kind and I think potential employees would seek us out and travel to us. It would be more condusive if the cost of living/housing were much cheaper as well.
I am on this site, because, my husband is tired of me complaining and I want to explore areas in the US that our business could fit into, that would have some of the community that we have and at the same time a much more reasonable cost of living for us personally and for our business as well.
Please feel free to ask any other questions of me.
Deb | Fremont, CA