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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Yep. Also, many companies may be owing on net 30, 60 or 90 terms and those terms are still likely going to come due.
Lets not forget house rentals... small business needs to pay home stuff