sign in • sign up
web | myLot | discussions | tasks | blogs | news | photos
homeinterestsdiscussionstasksblogsnewsmessages friendsphotosearningsmyLotquizzes

sponsors
America's Best
Read reviews for this business with directions, offers and more
Washingtondc.Citysearch.com

Virginia Self storage
EzStorage provides beautiful, secure, climate-controlled self storage in Northern Virginia, Maryland, and Washington DC.
www.ezstorage.com

ABC Limo Service
Chauffer service in dc, va, md. Flat rate to all airports. .
www.limowashington.com

Economy makes some company owners rethink vacation email this discussion to a friend?

By JOYCE M. ROSENBERG
AP Business Writer
 
7 months ago

NEW YORK (AP) - Pam Kassner has already canceled two vacations this year. She just didn't feel comfortable taking time off with business so uncertain.


Kassner, owner of the marketing firm Super Pear Strategies in Pewaukee, Wis., was supposed to go to Florida in February, but had recently lost a big client. A second trip in April was also shelved.


"I was just starting to feel anxious, that it just didn't feel like the right time to go away," Kassner said.


The recession has made many small business owners rethink their vacation plans. Some, like Kassner, want to stay close by so they can keep working with clients and customers. Others, who have seen their revenue fall, don't want to spend money on what seems like an extravagance.


Still, many owners do go ahead and take vacations. Many believe taking a break, especially when it means time with their families, is something they need, and that will actually benefit their businesses. Others don't want the recession to stand in the way of once-in-a-lifetime trips.


David Lewis is leaving his human resources outsourcing firm for a weeklong vacation in the Mediterranean.


"It's my 20th wedding anniversary and there was absolutely no way I was going to miss the opportunity of going away with my wife," said Lewis, president of OperationsInc, based in Stamford, Conn.


Lewis said his company went from about 40 percent revenue increases each of the past three years to flat growth this year. He's not worried about taking a trip because his cell phone and e-mail will allow him "to essentially seamlessly run my business from 6,000 miles away."


But Lewis is concerned about the message his employees might take away from his trip, which might be seen as a luxury. "I have preached and pled the case that times are tight and we need to be as button-down as we can to ride it out," Lewis said.


That's a big reason why he'll be in close touch with his workers. "My biggest fear right now is this will be a far more active trip for me in terms of communication to the office," he said.


Betsy Storm is also taking a vacation, traveling to Spain for 10 days in September with her 26-year-old son, who has never been to Europe. Storm isn't sure she'll have the chance again to share this kind of experience with him.


"I'm feeling like it's a big step to make right now, but my gut told me it was definitely the right thing to do," said Storm, who owns the Chicago-based public relations firm Top Drawer Communications.


Storm is preparing her company for the trip, giving clients advance notice so they won't be caught by surprise. That's someone a savvy small business owner does even in the best of times.


"We're just going to work around it," she said of her trip.


Some owners have had to cancel vacations because they need the money to run their companies.


Rachel Imison and her husband are forgoing their usual trip to Britain with their two children to see family. The couple, who own Graphic Imagery Inc., a printing company in South San Francisco, bought a building and a new printing press this year, and they are reducing all their expenses because they have mortgage and loan payments to make.


"When you're a small business owner, you cut everything back to the bone," Imison said.


She said the recession has hurt business, but also said, "we'll be OK."


"We're getting everything ready for the upturn," she said, explaining that the new printing press, which is digital, is expected to bring in new revenue.


Many owners, even if they have to give up vacations, do make sure they take breaks, understanding that time away from the business gives them a chance to relax and think more clearly when they're in the office.


Chris Goddard and her husband have canceled their vacations for the foreseeable future because of what she calls "the most challenging time for me since I started a PR agency" 15 years ago.


Goddard, president of CGPR in Marblehead, Mass., said, "it's important be here and take care of our clients." She also doesn't want to take away resources - human and financial - from her company right now.


But Goddard, like many other small business owners, knows that she needs to take some time away to maintain a work/life balance. So she's closing the office at 2 p.m. on Fridays and making sure she gets in plenty of the sailing and cycling she loves.


"If I didn't get out on the water or do a road bike ride, I would be insane," she said.


Imison said her family also had a break, what she called a compromise trip to Montana in April. It cost them nothing, because they stayed with relatives and used airline miles to pay for their tickets.



sponsors
Marlowe& Company, LLC
Over 20 years of experience in Washington lobbying on behalf of local governments.
www.marloweco.com

Macy's ® Wedding Registry
Create or Find a Registry @ Macy's. Rewards Program Save 5-10%!
MacysWeddingChannel.com

Washington VIN History at Carfax
Don't spend $1,000s on a lemon - Get CARFAX Vehicle History Reports.
www.Carfax.com

tags:  small talk, economy, vacation
 
1. myLot reputation of 90/100. mensab (7514)   7 months ago

the economic condition is changing the usual plans of small business owners. the planned vacations will have to be foregone to allow more time to focus on the business. the tightening of budget and weakening of sales is the reason why being away from the business may drag down the business and may demoralize the employees. this is the time for readjusting to the call of times. but some vacations can't be foregone since it is a lifetime's chance to travel with someone.

 
sponsors
Small Business VoIP
Dashboard& Outlook Integration Better Phones, Service 877-948-8224
Vocalocity.com

business owners
Find Local Business Owners Online. Search For Business Owners Today!
Tazinga.com

New Minority Grant Apps
Start applying now with the top funding applications for minorities.
www.USAFundingApplications.org

other personal finance

Never too late: Still time for 2009 tax planning

Although there are just a few days left in 2009, small business owners still have time to squeeze in a few tax breaks.

Started in personal finance • 22 hours ago • 0 responses
Tags: united states, small talk
ALL BUSINESS: Google's stock-option reset coup

Google's employees couldn't have timed the stock market's turn any better.

Started in personal finance • 7 days ago • 0 responses
Tags: united states, ye all business
HBO filmmakers get inside Obama campaign

Pivotal presidential campaigns are frequently defined in retrospect by documentaries.

Started in personal finance • 1 response • Last response by  • 2 months ago
Tags: united states, tv obama campaign, documentary, obama
ALL BUSINESS: Economics 101, by way of toy hamster

In a world full of economic indicators, the best one during the holiday season may prove to be a furry toy hamster.

Started in personal finance • 1 month ago • 0 responses
Tags: united states, all business
FILE - In this Oct. 1, 2009 file photo, a hamster from Zhu Zhu Pets, by Cepia, is one of sixteen toys selected for the Time to Play Holiday 2009 Most Wanted List in New York. In a world full of economic indicators, the best one during the holiday season may prove to be a furry toy hamster.(AP Photo/Mark Lennihan, file)
ALL BUSINESS: Tiger flubs crisis management 101

So much for Tiger Woods' business prowess.

Started in personal finance • 1 response • Last response by mensab (0) • 1 week ago
Tags: united states, all business, tiger woods, crisis
return to mylot
We are loading a word from our sponsors. No thanks, cancel loading.