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To: Vendome

I went to the bank to do a wire transfer. There was a line outside. I know the branch manager. She directed as many people to the ATM as possible and I got to the front of the line fairly quickly. Only 3 allowed in at a time. They literally had white tape X marked on the floor and someone inside telling people to stand on the first X and wait until the next X - 6 feet away - was clear before moving forward in line.

They were still giving away free coffee though :-) I didn’t want to touch the cups or the dispenser.

FWIW I supply an industry that is essentially closed, in the USA and all export markets. The few states that still have the establishment open have seen 90% decline in traffic. I wholesale through distributors, since their customers are closed or way off the distributors are closed. I have near zero business right now in my main product line, just a little online sales.

I saw this coming in February and began then to adapt to making other products and trying to reach new markets but almost all my staff is on leave, collecting benefits, and I have no idea if or when they will come back. Just kept a core group on full time and 2 people as needed part time. Indeed of the people I’ve spoken to, all of them say the same thing: This is a time to rethink the way they operate going forward. They are not going to rush to rehire everyone on leave. Nobody expects their business to just click back to the way it was in Q4-2019 when this epidemic ends.

Congress did not think this bail out for small businesses through at all. It is unworkable and unwieldy and too risky. And giving out cash to people is fine with me during this period... but if they don’t find a way to protect the small businesses out there, we’re going to continue to have very high unemployment for a long time, and demands on the government to keep doling out cash indefinitely. All IMHO.


44 posted on 03/31/2020 1:09:18 PM PDT by monkeyshine (live and let live is dead)
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To: monkeyshine

This is FUBAR!

They let my boss and another salesperson go but, kept me and one other salesperson because we are top producers.

I would have kept my boss who is a loyal employee and has already done three other sales positions in the company over the last 12 years.

I talked to the other inmate who is still employed and learned they just expect us to do our best.

I know how to get to the right person and I have traditionally just cold called in person.

The way to do it going forward would be to get a subscription to Hoovers, which tells me who the CFO, CEO, HR and Facilities are and I could just call them directly.

I’m sure they won’t spring for the $5,000 and I’m not going to since I don’t believe I will have a job May 1.

At that point I will spring for it and start another business


50 posted on 03/31/2020 2:29:05 PM PDT by Vendome (I've Gotta Be Me https://www.youtube.com/watch?v=BB0ndRzaz2o)
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