Originally Posted by Mr Nice
Originally Posted by Jarlaxle
Originally Posted by bullwinkle
Originally Posted by 007
Has anyone else noticed that the 2 for specials and such usually offered by chains like McDonalds and others have disappeared? Just seeing if this is occurring in other areas. The other day when the wife ordered Carrabas to pick up they asked if we wanted to add some $ to the bill and did the same thing when we picked up. Is this the new norm??
I'm in the business (commercial food equipment repair), and the vast majority are hurting BAD! If this goes on longer than another month, some of them aren't going to make it!
My neighbor is in a panic...he expects to lose his restaurant, his life savings, and probably his house.
Expect half of all small mom & pop restaurants to fail. Even if they get 'PPP' from the government..... most of that is for employee wages.
How do you stay in businesses if you have little to zero revenue ?
What about rent, taxes, insurances, utilities, ...etc.... ?
For the record: I own a small business / LLC.
I would say half is low...I would say 70% is more realistic.
Her got hit twice: his single biggest revenue stream every year is March Madness...and he's sitting on 2500 cases of beer he cannot sell.
Originally Posted by Jarlaxle
Originally Posted by bullwinkle
Originally Posted by 007
Has anyone else noticed that the 2 for specials and such usually offered by chains like McDonalds and others have disappeared? Just seeing if this is occurring in other areas. The other day when the wife ordered Carrabas to pick up they asked if we wanted to add some $ to the bill and did the same thing when we picked up. Is this the new norm??
I'm in the business (commercial food equipment repair), and the vast majority are hurting BAD! If this goes on longer than another month, some of them aren't going to make it!
My neighbor is in a panic...he expects to lose his restaurant, his life savings, and probably his house.
Expect half of all small mom & pop restaurants to fail. Even if they get 'PPP' from the government..... most of that is for employee wages.
How do you stay in businesses if you have little to zero revenue ?
What about rent, taxes, insurances, utilities, ...etc.... ?
For the record: I own a small business / LLC.
I would say half is low...I would say 70% is more realistic.
Her got hit twice: his single biggest revenue stream every year is March Madness...and he's sitting on 2500 cases of beer he cannot sell.
