Never shutdown a running business for employment

The title of this article has said it all: no matter the situation, it's never ideal to shut down a running business because of an employment opportunity.
I know you may want to ask, "What if the employment has a mouthwatering offer?" Even if it's like that, I would still stand by keeping the business running and in a situation whereby the employment is in a situation where it'll choke my availability, it's better get someone employed.

Two years ago, I practically experienced and witnessed this situation, and it's nothing to write home about but thank God for where we are today.

I was managing a laundry business for my boss (as I usually call him) before one of his rich relatives got him employed to manage his newly opened restaurant in the town. Everything concerning the company was entrusted to him, and he's the type that doesn't like failure, so he gave all his time to the work.

Before then, he was in the rental business, but because he wanted maximum success with the company handed to him, he temporarily shut down the business. Temporary in the sense that his name was still there as a rental man, but whenever he receives calls for rental work, he will channel them to his colleagues that were in the business too.

Everything was normal until he approached me one day and said he wants me to come over to the company to work as a cashier.
At first, I frowned because I hate such petty employment.

"If you're saying I should come over to work there, what about the laundry? Are we going to get someone else to manage it or are we going to shut down?" I asked him, and he gave me his already made-up reply, "We are going to shut it down"

"Haaaa! Sir, I know the business is yours, but I'm never in support of shutting down this business. Please let me remain here while you go get another person to work with you as a cashier". I suggested, but he refused. He said he needs someone he can trust as a cashier; that's why he's moving me there, and beside that, the laundry business wasn't yielding much....he wants to close it down.

I tried my best to convince him not to do so, but he didn't listen.
After much talks, I had to allow him so he wouldn't think that I'm personally benefiting much from the laundry business.

Story cut short, I joined them there, and we did very well for a year; profit was very okay, and along the way, the city got disorganised by a change of institutions.

Look at it;
The city was harbouring a well-populated polytechnic, where the students were the major source of livelihood for the people, but the school system got converted to a University, which chased off a lot of students from the town

The market system in the city collapsed, including the our restaurant company. At the initial stage, we were making $500+ on a daily basis, but as the market system collapsed, we couldn't make up $100 in a day.

The CEO became frustrated; he couldn't bear the poor income (feel free to call it losses), so he shut down.

Guys, we were left handicapped, with nothing to run back to. I was blogging then, and I didn't feel it much, but for my boss, I felt pity for him.

We really learned our lessons, especially him.

Thanks for reading.