⸻ Ban DHMO 🇦🇺 ⸻@aussie.zone to Australia@aussie.zoneEnglish · 9 months agoPeople will sell anything on FB marketplaceaussie.zoneimagemessage-square8fedilinkarrow-up135arrow-down12
arrow-up133arrow-down1imagePeople will sell anything on FB marketplaceaussie.zone⸻ Ban DHMO 🇦🇺 ⸻@aussie.zone to Australia@aussie.zoneEnglish · 9 months agomessage-square8fedilink
minus-squaremaniacalmanicmania@aussie.zonelinkfedilinkEnglisharrow-up7·9 months agoWhat’s a lifestyle business?
minus-squaremakingStuffForFun@lemmy.mllinkfedilinkarrow-up9·9 months agoIt means it becomes your life. If you want a day off, you have to close, or run at a loss to hire staff. Usually a lifestyle business can only just sustain the owners. Adding employees makes them not profitable. Many, many businesses are like this. Often if there are staff in a small business, the owner draws a smaller wage than the staff.
minus-squareohlaph@lemmy.worldlinkfedilinkarrow-up9arrow-down1·9 months agoIt’s like things that look like you’re doing something, but would fall apart if you actually did it. Like lifestyle shoes. Looks like running shoes. But if you ran a mile in them, they would self-destruct.
What’s a lifestyle business?
It means it becomes your life. If you want a day off, you have to close, or run at a loss to hire staff.
Usually a lifestyle business can only just sustain the owners. Adding employees makes them not profitable.
Many, many businesses are like this. Often if there are staff in a small business, the owner draws a smaller wage than the staff.
It’s like things that look like you’re doing something, but would fall apart if you actually did it. Like lifestyle shoes. Looks like running shoes. But if you ran a mile in them, they would self-destruct.