Can’t speak for all but here’s our situation, we shut down both locations as mandated, have rent of 8k per mos at one location & mortgage of 3600 at the other.
Now they said we could open at 1/4 capacity & then a week or so later at 50% Cool let’s roll & put people back to work
Lots of our crew happy to be working even w wearing masks & lower productivity due to the increased sanitation measures we have to utilize
Some employees mad at us for offering them work 🤦🏼♂️ W ue + the 600 extra some are making as much or more for sitting home
Had 2 quit so far because of it.
Told the wife I can promise we can save some of your biz, but likely not all 🤷🏻♂️
We got a stimulus loan, a lil north of 300K, accountants still trying to discern how much will be forgiven
But regardless of employees, we expect client count to be down, how much remains to be seen.
We have a handful of residential rentals, we half priced rent till things shake out a bit, & an air bnb that’s down significantly
It’s kicked our retirement plan solidly in the teeth, but we’re still the lucky ones due to our age & how long we’ve had to prepare
We’ve always tried to prepare for rainy days, but never saw this toad choker coming. If it was necessary, fine, if it was an overreaction to the Kung flu, then f a bunch of azzholes that crippled our economy
