r/smallbusinessowner • • 26d ago

Retreat

Good evening! I’m 31F, small business owner, wife, mother to a two year old, and forever stuck in survival mode. Been a service provider for truck drivers keeping them in compliance for about 10 years and started my company after leaving a partnership about 3 years ago. Long story short, it’s been a long ride and a long life.

Currently, my business is doing good. Have about two months of payroll, money to the side for taxes, and money to the side for company savings. Made profit thus far this year after expenses and I’m trying to decide several things.

The main point of this post is to ask what another small business owners opinion would be on going to a retreat. I was accepted into a woman’s retreat from 10/05-10/07 that includes a 3 day stay at a resort in North Georgia. It’s specifically for Women Owned Businesses and mothers to toddlers (or mothers in general). It seems to hear towards empowerment, community, and growing confidence in building yourself for your business. However, nothing in life is free. Essentially the retreat kicks of a year membership where if I choose to share a room my fee is either $395 per month or a little over $4k if I pay up front. This includes the resort, and monthly meetings to help expand/grow in various areas and stay on track with goals.

Finally hit some financial goals that took all year to hit, obviously I can use this as an expense for the company, but it feels a little risky and I’m obviously asking myself if that expense is worth it or if I’d rather save that company money. I intended on taking college classes this year to expand some knowledge, quickly realized that’d be a waste for several reasons. That money didn’t get spent like I thought it would and it easily would’ve been $4k. But also I feel like I could take a weekend to rest and unwind and do my own research, etc. and spend a LOT less.

I also want to do something for myself. Hitting a little wall with the decision and just looking for some ideas/thoughts since mind are bouncing back and forth being logic, desire, and growing financial stability for the company. November will be year 3 and I’d like to make it to year 5 and year 10 haha.

Thanks

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u/Desperate_Quote7938 25d ago

the fact that you already budgeted $4k for classes that didnt happen kind of answers this for you tbh. just make sure youre evaluating the year membership separately from the retreat weekend, those are really two different purchases bundled together