⸻ Ban DHMO 🇦🇺 ⸻@aussie.zone to Australia@aussie.zoneEnglish · 2 years agoPeople will sell anything on FB marketplaceaussie.zoneimagemessage-square8linkfedilinkarrow-up135arrow-down12
arrow-up133arrow-down1imagePeople will sell anything on FB marketplaceaussie.zone⸻ Ban DHMO 🇦🇺 ⸻@aussie.zone to Australia@aussie.zoneEnglish · 2 years agomessage-square8linkfedilink
minus-squaremaniacalmanicmania@aussie.zonelinkfedilinkEnglisharrow-up7·2 years agoWhat’s a lifestyle business?
minus-squaremakingStuffForFun@lemmy.mllinkfedilinkarrow-up9·2 years 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-down1·2 years 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.