Re:Why Restaurants Are So Fucked
by ric2b on Saturday May 02, 2020 @03:12PM
(#23054130)
> But maybe Simone is right: if COVID killed your business then it's because you're not "good enough".
Individuals are supposed to save at least 6 months expenses in case they lose their job or there's an unexpected large expense.
But for restaurants it's fine to have so little money that you go bankrupt with a month or two of no business? We're not talking about multinationals, there are lots of reasons why you might need to close a restaurant for a significant period of time or pay for expenses.
Individuals are supposed to save at least 6 months expenses in case they lose their job or there's an unexpected large expense.
But for restaurants it's fine to have so little money that you go bankrupt with a month or two of no business? We're not talking about multinationals, there are lots of reasons why you might need to close a restaurant for a significant period of time or pay for expenses.