You often don’t know why a small business fails, but there are numerous reasons. We learned yesterday a specialty shop we really liked in the Keys closed. Granted, we hadn’t been in quite some time; essentially due to not being convenient from a distance perspective. Perhaps the closure was only due to poor sales, or there could have been other factors. In another case, a pub we enjoy is changing hands with a different format planned and we’ll see if it continues to be a favorite or if it goes in a direction we don’t care for. This is a place people flocked to at the grand opening, talked about how wonderful it was to have this type of place to go to and then within months, they were down to limited clientele enough nights to be cost-effective. The simple fact is people do only have so much disposable income and both the instances I cited are not necessities of life. Even though Americans spend a tremendous amount of money eating out, there are lots of choices. And, as this area grows, more restaurants open to create greater competition. That’s one of the most difficult businesses to manage under the best of circumstances. Staring any business comes with so many challenges, yet it is a dream of millions and despite the trillions of dollars of the huge corporations, small businesses really are the “backbone” of most communities. I’ve mentioned before in other posts, individuals and families who have to count literally every penny must take the cost of anything into consideration. The extra spent to buy from a small business may come with not being able to buy something else that is needed. For those of us who do have discretionary income, it is an action we can take to help those taking the risk to achieve their dream