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re: Just had to do the hardest thing I ever had to do
Posted on 3/24/20 at 2:34 pm to N2cars
Posted on 3/24/20 at 2:34 pm to N2cars
My model is pretty lean to begin with which is good. I rely on boots on the ground so it's difficult knowing I could be putting people in harms way by sending them out on projects. My son runs all the projects in the field so it's doubly hard.
But, to survive we have to work. Bottom line. Like you said, revenue has to come in.
But, to survive we have to work. Bottom line. Like you said, revenue has to come in.
Posted on 3/24/20 at 2:35 pm to TH03
quote:
That's all these people care about. Owning the libs as payback for Obama.
No I think people are actually mad that the economy is running on standby while these idiots in DC can’t decide on how to get people funding when it is needed.
Is this thread not an example that people are actually facing problems and the politicians deserve to be under heat? You can’t always sit on the fence and call out the people fighting. Something needs to be done
Posted on 3/24/20 at 2:38 pm to ulsaint
Then why were they trying to give themselves a raise in Nancy's version of the bill? I really want you to answer this. This is what the real question is.
___________________
25,000,000 for additional salary and expenses for the house of reps---pg 134
___________________
___________________
25,000,000 for additional salary and expenses for the house of reps---pg 134
___________________
This post was edited on 3/24/20 at 2:46 pm
Posted on 3/24/20 at 2:39 pm to ulsaint
quote:Libtard moto - never let a catastrophe go to waste.
You idiots that see everything through partisan political spectrum
See Nancy's bill.
Yep, the libtards see to it that this "idiot" sees everything through a political prism.
They have taught me well. You can thank them.
Posted on 3/24/20 at 2:40 pm to VABuckeye
quote:Great, get a loan....then spend all profits paying back the loan for the next year and a half...
Let's see how strict the guidelines are for the loan.
Posted on 3/24/20 at 2:42 pm to KiwiHead
I've had a bunch of calls from employers relating to layoff issues. Without exception, there has been a lot of angst and worry.
Posted on 3/24/20 at 2:42 pm to KiwiHead
I'm sorry to hear this.
You do care and you will get them back.
quote:
Hopefully by Easter I can call them with a ressurection of business. That is 32 families that I was responsible for . If people don't think bosses don't care or make light of these things ,they have no idea what this does.
You do care and you will get them back.
Posted on 3/24/20 at 2:49 pm to tigerfoot
quote:
Great, get a loan....then spend all profits paying back the loan for the next year and a half...
Like I said, let's see the guidelines.
There has already been mention of
1) deferred payments for up to a year
2) the possibility of the loans being forgiven
But keep on with that line of thinking despite not having any information.
Or perhaps you'd rather we just go out of business if this keeps up too long?
ETA: SBA loans are not predatory loans. They aren't extremely short term and they aren't at a high rate. A rate of 3.75% is published. At least know some facts first.
quote:
The interest rates for the loans are 3.75% for small businesses and 2.75% for not-for-profits. The SBA determines terms on a case-by-case basis, based on each borrower’s capacity for making monthly loan repayments. The maximum loan term is 30 years.
The loans also offer a one-year deferment on payments. This means that the first payment isn’t due until a year after the official date of the loan. However, interest starts accruing on the loan the moment the funds are disbursed.
This post was edited on 3/24/20 at 2:52 pm
Posted on 3/24/20 at 2:54 pm to KiwiHead
quote:
About 5 minutes ago I had to lay off the majority of me and my brother's workforce. We had 38 full time employees , I just laid off 32 of them and just kept a skeleton crew for orders that are outstanding. I was able to pay for the next paycheck and any outstanding commissions/bonus. Hopefully by Easter I can call them with a ressurection of business. That is 32 families that I was responsible for . If people don't think bosses don't care or make light of these things ,they have no idea what this does.
Better to let them get on unemployment assistance. Brother had to do basically the same, kept one employee but was able to pay the others another week or two of pay before he couldn't float it anymore.
Posted on 3/24/20 at 2:56 pm to Tim
Kiwi and Tim, what kind of businesses are you guys in?
Posted on 3/24/20 at 2:57 pm to VABuckeye
Posted on 3/24/20 at 2:59 pm to Box Geauxrilla
Thanks. I've been all over that site. I'm not there yet but I want to plan ahead in case it gets to that. 
Posted on 3/24/20 at 3:03 pm to OceanMan
quote:
Is this thread not an example that people are actually facing problems and the politicians deserve to be under heat? You can’t always sit on the fence and call out the people fighting. Something needs to be done
I am calling out politicians. They all deserve the heat, not just the lib filth like this board thinks.
Posted on 3/24/20 at 3:04 pm to OceanMan
Those people turn everything into a political debate.
They have never held any position of responsibility and they never will.
They have never held any position of responsibility and they never will.
Posted on 3/24/20 at 3:07 pm to KiwiHead
They know it’s not you!
Everyday I go to my company, I know that I am
singularly responsible for my people. Their successes, failures, happiness, satisfaction.
If you acted how you feel, and I am sure you did- they don’t blame you one bit and will come back with the winds change.
Everyday I go to my company, I know that I am
singularly responsible for my people. Their successes, failures, happiness, satisfaction.
If you acted how you feel, and I am sure you did- they don’t blame you one bit and will come back with the winds change.
Posted on 3/24/20 at 3:09 pm to jscrims
quote:
My people don’t even rely on me yet but I am nervous about how I will be letting them down.
This attitude will make you successful.
Don't let fear paralyze you, but use it for fuel.
They will quickly understand we are all in it together.
Posted on 3/24/20 at 3:09 pm to KiwiHead
I doubt any of your guys blame you, but I understand that doesn't make you feel any better.
I sat in a room of 500+ almost two weeks ago when we were told we were all going home for a long, unplanned vacation. Very difficult not to think this has been one gigantic overreaction.
I sat in a room of 500+ almost two weeks ago when we were told we were all going home for a long, unplanned vacation. Very difficult not to think this has been one gigantic overreaction.
Posted on 3/24/20 at 3:10 pm to KiwiHead
quote:
KiwiHead
your heart's in the right place. hopefully your workers know there wasn't much you could do; any hope they have of getting their job back in a month hinges on you NOT declaring bankruptcy before then.
wishing you luck.
Posted on 3/24/20 at 3:20 pm to Tim
Katrina Part II but we eventually came back stronger than before. Keep moving forward.
Posted on 3/24/20 at 3:35 pm to VABuckeye
Borrower must have been in business March1, 2020 and must have paid payroll and payroll taxes.
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