OpenSourcePhoto > How will the economy affect your business?

Greg Beasley

August 31 2005, 05:53 PM

Not to be negative but the economy seems to be going town the toilet...Ok, that was negative.

I was watching the gas lines today on TV. I just heard that gas is $6.00 a gallon in Atlanta. I also heard that some local stations are running out and may consider rationing gas. I know that all of this is panic economy but how much of all of this will spill over into our daily lives (maybe I just need to quit watching TV).

My wife and I were just talking about driving our cars ONLY where necessary. I was wondering how many of our wedding and family portrait clients are talking about the same things. Time to tighten up a bit. We saw this tightening in post 2001. The wedding industry was down in 2002 but 2003 seemed to bounce back.

I raised my prices for next year recently but now I am wondering if that is the correct thing to do.

Any thoughts?

liana

August 31 2005, 06:09 PM

Yes, Atlanta is almost out of Gas. I was on empty this AM and am a big fat Procrastinator and had to wait and hour and 1/2 to fill my tank with the last drops out in the boon-docks.

Traffic is 10x worse than usual (can u imagine that!?) and a large majority of my friends had to cancel their weekend road-trips. I hope it's a scare and that the stations have gas next week.

Thank God I take MARTA and live in Buckhead in walking distance to everything!!

But this is nothing compared to what NoLa is going thru...

Garrett Nudd

August 31 2005, 06:23 PM

QUOTE(Greg Beasley @ August 31 2005, 09:53 PM)

Not to be negative but the economy seems to be going town the toilet...Ok, that was negative.

I was watching the gas lines today on TV. I just heard that gas is $6.00 a gallon in Atlanta. I also heard that some local stations are running out and may consider rationing gas. I know that all of this is panic economy but how much of all of this will spill over into our daily lives (maybe I just need to quit watching TV).

My wife and I were just talking about driving our cars ONLY where necessary. I was wondering how many of our wedding and family portrait clients are talking about the same things. Time to tighten up a bit. We saw this tightening in post 2001. The wedding industry was down in 2002 but 2003 seemed to bounce back.

I raised my prices for next year recently but now I am wondering if that is the correct thing to do.

Any thoughts?

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I've been asking myself the same questions. My wife and I were talking today about how the tragedy in the gulf really puts things in perspective...how those who survived literally have NOTHING at all. No belongings, no homes, not even a financial means of putting food in their children's mouths.

It's anyone's guess how this disaster will effect the economy. We just raised our prices too. It'll be interesting over the next few months to see what happens. No doubt priorities shift when times get tough. Our hearts break for our neighbors and we pray that they look to Heaven for the strength to carry on.

Garrett