End of an Era

I don’t know which is more stressful and filled with anxiety, starting a business or ending a business. Twelve years ago next month, we started our awards and trophy business. About six weeks ago, we began the process of closing the business. Actually, the actual closing was easy. We simply put a sign on the door saying that we were closing due to retirement. We also indicated on the sign that although we would not be accepting new business, projects that were in process would be completed as scheduled. Easy enough.

The hard part is what to do with inventory, fixtures and equipment.  Although we always kept tight inventory controls, after twelve years there is BOUND to be inventory. Some will have value, some not so much. While there is a certain urgency to vacate our leased space, there is also a need to catalog and otherwise organize saleable “stuff”. We’ve been selling our fixtures on Craigslist. Practically giving the stuff away, but it beats putting stuff in storage and paying for the privilege. And then, there is the equipment yet to be dealt with. It too will be sold, but we’re not there yet. All in good time. First things first. At least that’s what we keep telling ourselves. Thus, the source of our stress and anxiety. But at least we’re moving forward.

The good news is that we are almost finished and ready to get on with being retired and detached from the day-to-day running of a business. Of course, there will be no rest for the weary. We’ve got things to do, all relating to our Great Escape and a full-time RVing lifestyle. But at least we can focus more on this than that. It truly is the end of an era.

 

 

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2 Responses to End of an Era

  1. Pam Wright says:

    It is a challenge to move into an RV. We had that anxiety with just a house full of items and we weren’t storing anything but a few boxes at our daughter’s. I can’t imagine having a business AND a house to clean out. Good luck with the process. Keep your eye to the future and keep smiling:)

  2. Kathy says:

    Congratulations on getting this far.
    I am debating closing my business and moving on. This week I received a low offer on my inventory but I’m not ready to move on and the offer was too low anyway.
    I’ll be following along as you begin your life on the road. Good luck.

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