Quote:
Originally Posted by FlyingScot
I am the Chairman and a significant shareholder of a medium size business that may be slammed by our customers' Coronavirus precautions. But I support these steps 100%, maybe 110% in that I wonder if we should do more.
Most seasoned business people understand that they are always in a tough competitive situation, fighting pressures from all directions. I will not be complaining about the government, I will be working hard to mitigate the damage, and praying that no one dies.
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What if you are Sam or Baygo, and had your business completely shut down? What if there was a good chance that your business may not reopen? What if you lost your business? Would you be so magnanimous?
I co-manage a law firm having 65 employees and a $20,000,000 budget. I know first-hand what this is going to do to us. Clients are going to feel like they have a green light to not pay us. We are planning for this. However, I am reasonably sure that we are not going to SHUT DOWN because of this. You can bet I would be super pissed if that were the case.