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My work!
I work for a solicitor in a town in Australia. This morning my boss came out to me and another work mate and told us that we may have to start looking for new jobs in the next few weeks.
He told us that he's going to have to close the business because he will be declared bankrupt if he can't do anything about it before the 16th of April!
I don't want to lose my job, I love working here! The girls are great, I like the work, but we are struggling for money every week to pay us!
Is there anyway at all that I could possibly do something to help my boss keep his business going?
I feel so sorry for him, he has no family and his life is dedicated to this place! I just want to help him out.
Any suggestions? Thank you so much!
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Just a warning, this is the pessimistic view.
Ok you know, if he is about to file for bankruptcy it might take a lot more money than you think. If you even raise enough to pay everyone's wages for a couple of months, that isn't necessarily going to keep the company afloat.
The fund raiser idea is ok, but I wonder how much it can raise. Ideally an outside investor or partner would be ideal, but that requires someone who believes that your problems are only temporary. Selling stocks is probably not an option either, since he either exhausted that avenue or the company is not listed.
You should talk to your boss and see if he has any thoughts. It might also help to get an idea of the kind of figures you are dealing with.
There is one other thing I think you should consider, just to save you some trouble potentially. Do you know why the company is going belly up? As I see it, its one of three possibilities: 1. Its a temporary problem (a recent run of bad luck, a new start-up company etc.); 2. The company is not competitive enough (either due to the quality of the service or poor financial management); 3. The company/ product is inadequately marketed.
If its the latter two, then an infusion of cash will only delay the inevitable, unless of course something drastic is done in that time. Somehow the firm needs to generate new clients, or to cut costs. Typically that implies a restructuring of the current business processes (which could mean layoffs), new strategies particularly within marketing, and so on.
What I am getting at is that you should evaluate whether or not there is any chance that the company can be saved by the money you might raise. Otherwise you will be using a lot of time to buy yourselves a couple of months of work.
Anyway, I wish you luck. I hope that you can find a solution, but I must admit I am not overly optimistic.
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I'm sorry that this is happening to you.
try a fundraiser examples ;
car wash
raffle - chineese auction ; or have a bunch of prizes and tickets + you have to buy the tickets and in front of the prize theirs a bucket and if your entering you place the ticket in the bucket.
bake sale
yard sale
carnival/fair type things. with cheap 1 dollar or used (good condition) prizes
remember ;to make money you need to use money.
hope i helped.
xo britnee.
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Raffles are an awesome way of getting money raised. You have to get it certified by the police or something and then you can have a raffle. Like $1.00 a chance and the person can win a television or something very nice and valuable.
You can probably also have a little funraiser like a family day. Those work great also!
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Try some fundraisers. If people like the place you work at, and they like the service, then they'll do anything they can to try & save it.
I would talk it over with the other employees & try to see what you guys can do to try & save your jobs, & the business for the sake of your boss, and you.
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Well first of all, how big is his business?
Also, prehaps he could go public with his business and sell stocks or have a larger company invest in it? Another option would be merging with another company.
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Maybe you and your co-workers could organize a fundraiser to help the business, maybe sell some things or something?
Sorry, I don't know much about fundraisers so I can't really tell you much about them but it might raise some money to keep the business open a bit longer to think of something even better.
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