Ok ok, Ive been guilt tripped by my husband into telling you all the truth. He scolded me this morning for my previous post about the studio, because it is a lie. Yes, thats right, I LIED! Why you ask? I guess because Im both embarrased and stressed about the whole situation. I wasnt ready to get bombarded with all the questions..."Why?" "What are you going to do now?" "What happened?" Im stressed out enough as it is, this is just one more thing to add to the list. Not to mention my earlier post about how things were going "so well" for us, how could I say such a thing! God is surely punishing me for thinking He was blessing us, He was merely just testing us!! Ok, Im sure your ready to know exactly what the heck I am talking about...we are not buying the studio anymore. Everything has gone to put. As it turns out, we got ahead of ourselves, as the phrase says, "put the cart before the horse." The numbers shown us from the business, the profit/loss statement, was different from what they had first shown us. Pretty much they fudged the numbers to make it look like they made more than they really did. And then on top of that, going to get the SBA loan, since the loan would be under $100,000 it would have to be on a 5 year term which would make our monthly payments $1600. Between that payment and not making as much as we thought, we would barely be making it by, making us have to live in the studio for 5 years if not more. Which would not allow us to have kids in that frame of time. So you see where we stand, its just not possible.
As far as what we do now, were working on some prospects. We will let you know as soon as something comes about. I apologize for my deceiving post yesterday, at the time it just seemed best till we got things figured out. Im grateful though for a husband who reminds me its more important to be honest. Thank you love:)
5 comments:
Look at that face! Now go hug him and play on the wii together.
:)
You two are what matters.
Good luck!
You'll look back one day and realize how grateful you'll be it didn't work out. There's something better in store for you. I don't think finding the words to the hymn coincidental. It was meant to prepare you and give you hope that something will work out. Love you!
Something better will come along. Best not to tie yourself down with payments you probably couldn't make in the first place. You might have told a little white lie, but the people who wanted to sell the business in the first place were not honest and were certainly not upfront with you. You've made a wise decision, and something will open up for you in the future which will be good for both of you. Aunt Shirley
Hi- Are you still interested in my Dancing Butler Print? It is still for sale if you want it. Let me know, my email is catclason@gmail.com. Thanks
Catherine
I am so sorry things didn't work out for you with the studio but things happen, or don't happen, for a reason...keep the faith and it will all work out! Still waiting to hear from you....love you! Auntie D & Uncle Mike
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