How do you go out of buisness when your not paying your employees, not buying additional inventory and tax collection has been suspended?... Im not understanding how these businesses go bankrupt under a shutdown. I hear every day "small biz can only last a week", I dont get it.
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Businesses really on cash flow. They have loans they're servicing, accounts payable, leases, utilities...
How do people go bankrupt when they don't have an income but have plenty of food in the house? Is food your only bill?
That makes sense, sorry for the dumb question. Hopefully there is something in this relief package to mitigate their losses.
It wasn't a dumb question.