Business Contents Archive

What’s your opinion on shutting down a retail store for lunch as the owner?

Hi everyone I’m a new business owner, I own a phone repair and refurbished electronics store. Recently I have been closing the store down for about 30mins-1 hour to go out to eat. I put a sign on the door that says out to lunch. Is this a I’ll advised habit? Are there any reasons I shouldn’t do this? Or is this not a big deal?

Biden says "Exxon made more money than God last year,” as he once again accused oil companies of exploiting high gas prices for more profit https://t.co/O49MWtJGnN

Food insecurity will worsen in 20 'hunger hotspots' this year through a combination of rising conflict and climate change, putting a record 49mn people in 46 countries at risk of famine, key UN food agencies forecast https://t.co/NdYtRZhpzr https://t.co/QLss6O4eUG

Employees, rather than customers or shareholders, are the most important stakeholders in your organization. https://t.co/ustOvh85LJ

Italian and Greek debt costs hit two-year high on eurozone rate fears https://t.co/ELdPYG7Bp1

Meet the family keeping America's oldest drum factory alive https://t.co/NrU82a2JRY

Revlon plunged 53% Friday after distressed debt news outlet Reorg reported that the cosmetics empire is preparing to file for bankruptcy https://t.co/uXErs7rYKL

Just published: front page of FT Weekend, international edition, Saturday 11 June https://t.co/V4nr1hZ6GU https://t.co/SrfIpomUaR

How the world’s oldest bell foundry stayed in business for nearly 1,000 years https://t.co/5oaLacSVKV

Breaking lease ramifications

I have had a retail store for 10 years and decided late last year to open a second location with a signed two year lease. Due to a number of reasons that location is not doing well at all and after careful consideration I have decided I need to close it. It is a totally separate entity than my first store. I am about to inform my landlord that I sublease from that I will be forced to break my lease. I will close up the company and the bank accounts as a result. I know they will keep my deposit of course but are there any other considerations I should take into account before doing this?

Just In: $TSLA announces plans for a 3-for-1 stock split Stock rises 1%+ after hours https://t.co/NrKL35BDVk

Building diverse companies by design means creating great workplaces — for all. https://t.co/WsttaRKx9g

Goldman Sachs says energy prices are not high enough to curb demand https://t.co/ME4UYQNDl7

Stock market close today: Dow: -2.73% Nasdaq: -3.52% S&P: -2.91%

History is full of examples where skepticism helped overturn commonly held ideas and led to important scientific advances. https://t.co/dvDb01fd5H