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originally posted by: ATruGod
I produce alcohol needless to say restaurants and Bars arent even really open and Stores are focused on necessities. No employees so no payroll stimulus for Us. We can survive with no sales for 2 months but if it goes on longer I'm probably sunk.
originally posted by: HODOSKE
i feel this goes for people in general. There are those that may have saved and didn't over spend and can survive a few months and those that live paycheck to paycheck and never save a dime. I own a small business for over 30 years always tried to get mortgages paid off. Always tried to live with less and i always had a back up plan with other options for work in case things got slow. Maybe this will teach people to save and live more simply. Kind of like our grand parents did during the depression
Dude, people are drinking more than ever! You need to market you products better because that's obviously where your problem is!
The Cheesecake Factory cannot afford to pay April rent for its nearly 300 restaurants because of the hit its business has taken during the coronavirus pandemic.
Cheesecake Factory chairman and CEO David Overton reportedly told landlords in a March 18 letter that a “severe decrease in restaurant traffic” has caused a "tremendous financial blow" amid the COVID-19 outbreak, as many locations have been forced to completely close, while others can only serve take-out and delivery.
The restaurant employs over 38,000 people across 294 locations through the U.S. and Canada, making it one of the largest restaurant employers in America.
originally posted by: ATruGod
I produce alcohol needless to say restaurants and Bars arent even really open and Stores are focused on necessities. No employees so no payroll stimulus for Us. We can survive with no sales for 2 months but if it goes on longer I'm probably sunk.
Instead of calling it quits, Newman’s distillery is ramping up production. Rather than bottling vodka, whiskey and rum, they’re shifting focus to hand sanitizer as supplies dwindle across the country.