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.
Comments (11)
sorted by:
There are expenses that accrue constantly and forever. Like rent. The rent isn’t going to be forgiven. So businesses will be on the hook for it all even for when they weren’t making any money.