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wouldn't be so sure. small businesses probably have a somewhat higher ability to go into a sleeper mode where operative costs are reduced to a minimum.
by m_mueller 7y ago
wouldn't be so sure. small businesses probably have a somewhat higher ability to go into a sleeper mode where operative costs are reduced to a minimum.
- tyingq 7y agoRight, but their customers are exploring new options, and maybe liking them, whilst the business sleeps.
- leesalminen 7y agoMinimum operative costs are still in the thousands of dollars per month for even the smallest of meat-space businesses. I don't know many hairdressers, nail stylists and massage therapists that can afford $1-3k/mo for the next several months with $0 revenue. Anecdotal, sure, but I have at least one of each of those in my family.
- tyingq 7y ago"hairdressers, nail stylists and massage therapists" Most of those folks are contractors that pay rent (for their "small spot") or some sort of cut to the entity that owns the physical salon, right? Though your point stands for the owners of such places, many of them probably working owners.