I hear you. Loud and clear. Bankf of America, Wells, all of them are swamped with applications. BoA ups the ante by narrowing their terms and conditions. I rarely defend them but in this case, they weren't ready for this high volume environment.
Employees, we assist them in filing for unemployment. Two small busineeses are Florida based. Seven of every eight Floridians who managed to file claims during the three weeks from mid-March until early April were waiting to have them processed — the worst rate in the country.
So we setup our own unemployment insurance system, We pay the employees what they aren't getting from their claims. Sounds generous, yes?
No.
We can't inventory perishables (milk, ice cream, eggs, blah yada) for e.g. so it's cash reserves doing nothing. I'd rather keep the possibility that employees will be able to return to work whenever b/c if not I'm fooked.
Ok, we gathered everyone up and offered to cruise ship them to St. John's where my partners have large homes. Nope, violating lease terms, they lose their rentals or mortgages for non-occupancy.
F!!K. then the cruise lines shutdown until July.
And to make things even grander, the states will, sooner than later,
start filing bankruptcy. Who knows what happens then. We're fooked, employees are fooked.
F!!K F!!K
IMO, chances are in favor of this getting worse. Our mortgage payments aren't vanishing for a few locales, we are fortunate to own most of our buildings. We are about to shutter the whole kitnkabbodle then the IDIOT Fl Guv declares that "flower businesses are essential" WTF? No!
Customers call and want to know why our doors aren't open for walk-ins. Here's a clue. None of our employees who perform this specialized work...will come to work.
F!!K x3
As a last straw, now this is funny...wait for it...we agreed to pay for any employee to get their marijuana card. ~$400. We pointed them to online, no-visit doctor appointments to qualify. All you have to say is that you are "anxious", well
F!!K yes they're anxious
. Takes 2-4 weeks. Good news. They can eat all the ice cream, etc they want. We have a two months supply...that will be gone in less than 2 weeks.
<sigh>