Not a good day today!

Posted by 2 on

Here’s a summary of today’s little surprises:
  • The cost of mailing by Canada Post a single helmet cover to the US went up from $6.94 to $10.00.
  • FedEx Trade Networks will now charge a $20.00 processing fee for all shipments to the US. Previously, there were no brokerage fees for shipments under $200.00.
  • A 10 x 10’ booth at Signatures will cost $400.00 more than it did last year. Plus HST! In fact, all of the marketplace booth fees went up.
  • Fabric costs increased as of January 2011.
  • Moneris fees have gone up!
When will companies and the government realize that small businesses can’t continue to absorb these additional expenses? I’m trying to keep my expenses to a minimum but it’s impossible when I get hit every time I turn around. There’s no point in suggesting I increase the prices of my products because I know my customers are in the same situation I am. Maybe I should just quit my business and go work as a unionized Canada Post employee with great benefits and vacations. Either that or take a government job. At least, I’ll get a regular pay cheque!

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  • Thank you Amy! I don’t like to complain but I was so overwhelmed yesterday with all of the additional expenses. I’ve been trying to reduce costs as much as possible i.e. hiring a different bookkeeper at a substantially lower hourly rate, doing all of the tagging & packaging by myself to avoid additional employee costs etc but the other costs are rising faster than I can compensate. What’s your business? Please send me your web link so that I can check it out. I’m always happy to support a fellow entrepreneur.
    Best regards,

    Karyn Climans on
  • Very well said! I don’t think people understand how hard small business owners are hit with all these extra expenses above and beyond the ‘product’…Good luck. We have a family business in the US; I understand!

    Amy @ mommetime on
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  • That is a thing I need to do more research into, many thanks for the post.

    Jamie on
  • Thanks Meg!

    Karyn Climans on

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