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When will the bars and restaurants be back open in Washington State
When will the bars and restaurants be back open in Washington State 26 votes
August
1 vote
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Grub Hub is stalking me now with several notifications a day to order something.
In THiS economy?
Other than wife saying go get Grub, Hub
Seriously though if you are running a business with a month of fixed costs in working capital you weren’t long for this world anyways.
We're too small to get any real graft from the treasury. Not too small to pay it though
Its past we're fucked time for a lot of folks that lost their job and live paycheck to paycheck
I was being semi sarcastic about the idea that we'll just write checks and never mind that we fucked you raw
The issue is going to be covenants are going to start getting busted the longer this goes on and eligible A/R starts getting stinky. Though, with stimulus money and historic low rates, if there ever was a time to lever up, this is it.
I'm doing some stuff with a pre-rev company right now, fully funded - they could essentially go in and get 8 weeks of free payroll.
My brother @creepycoug -ever think of getting into the toxic financing game? It's going to be a feeding frenzy for those cats soon enough.