Tightening the belt
Everyone seems to be feeling the squeeze right now. With food prices, petrol costs and power bills all increasing, even the average person in the street is starting to suffer from the effects of the global recession. As a business, we are in the position of having to pay higher prices for our products but are unable to pass the costs onto the customer. A lose-lose situation if ever there was one. If we get through the year we’ll be lucky I think….our bills have all increased by 35% since January, and yet our prices stay the same. People already complain about supermarket prices going up by 10% so how can we increase our tarrifs. Malheureusement for us, eating out will be one of the many things axed from the household budget if people start losing their jobs and ability to pay the rent. So this year, it is deep breaths, heads down and try to get by as best we can. No freebies for people though. After an already difficult year last year, 2008 might be the year that breaks us. C’est la vie.
posted by Papillon girl at 4:03 pm
4 Comments:
Hi, we are having the same problem here in England, our expenses, food and energy, are rising faster than the general inflation, so that although we put our prices up each January in line with the retail price index our prices are not keeping in line with our expenses. Luckily we have some regular customers who are not yet suffering from the credit crunch. I can see that you are in a difficult situation and with the rise in the value of the euro against the pound some of your expat customers will be noticing the pinch. Let's hope we have a good summer and that tourists come out in force anyway we will try and continue to eat with you from time to time. Brought some cider back here from your supplier to remind me of France, Eliz
think of us each time you have a sip of cider :)
Hi from a wet "welsh wales". Please stay positive and cheerful! It's the same recession biting thro' europe. As i sit here dreaming that there is a better life in St. Fraimbault it doesn't help when you tell me that it's not!!!!! best of luck tony
st fraimbault is now lovely and sunny and things are looking up. Keep smiling and see you soon in France. Have changed my mind, and now think this year will be a good 'un!
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