Quote:
Originally Posted by Hondaracer
Coffee shops and restaurants are the least of the concern with business loss.
So many larger business which do contract work for customers locally and abroad are not getting paid for work they’ve already done because companies want to hold their cash for as long as possible. These are companies that employs dozens if not hundreds of employees and they are all at risk of closing for good as most operate on tight margins as is.
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Is not just one coffee shops. Is many many mom and pop restaurants, coffee shops, bubble tea etc etc.
Just an example there is a few local sushi place I visit very frequent Matoi Sushi, Matsuzushi and Stem Japanese Eatery all are small local shops espcially Stem Japanese Eatery and Matsuzushi(this place is actually run by the owner and his wife). Sure you might want to say they hardly hire anyone, they don't do much for the economy. But there are many many shops like them. When you walk by/drive by you might see a lot of these small restaurant/coffee. Now just think if 30% of them shut down that's a big blow to the economy. They might not hire many people but they also order their grocery, material, pay tax to the gov. get people to go out and spend.
And to be honest most place that my wife and I go out to eat are these small mom and pop shop not Earls, Blue etc etc. I wish they don't have to go but some will shut down which is sad since they offer way better food than a chain restaurant.