Should I keep struggling with a slow business that was once successful or move on?
I say that because 21 years is a long time for any business--especially a retail business. I also have found that there are more opportunities in a down economy than in a booming one, and it would be worth your while to explore some options.
Owning your own business is still the best way I know to get wealthy, and I would do everything I could to find a new or better way to do business in your existing industry before starting over in a new and unknown one.
All the best. Brad Sugars.
Brad Sugars is the founder and chairman of ActionCOACH. As an entrepreneur, author and business coach, he has owned and operated more than two dozen companies including his main company, ActionCOACH, which has more than 1,000 offices in 34 countries.