Quote:
Originally Posted by 72lions
The headline in today’s paper says that Villages is taking big steps to help small businesses. When you read the article, all it talks about is the Village owned bank doing what every other bank is doing to help process loans under the new federal law. Wouldn’t it be nice to learn that the Villages was taking some steps to postpone or reduce lease payments being made by retail owners during this trying time?
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I don't understand how the Federal stimulus bill will really help a small business to survive. You can pay your employees, but they are not doing any work for you. You can get a loan, but you still need to pay your rent and other fixed expenses with no income to offset them. Many businesses are stuck with a multi-year lease. When you reopen in a few months, will your customers come back? And, what about your employees? They may decide to do something else. I think a lot of small businesses will be gone forever.