I agree there will be some issues with the balance between previous income and future income, but the biggest factor is overhead. Rent will have to be lowered to entice the few restaurants that are willing to take the chance at success. All costs of business will have to be decreased in order to see a recovery. The cost of red tape, fees and licenses should be drastically lowered if not completely waived.
Get government out of the way and we will see entrepreneurs do their thing.
That is my main point. We have seen an increase in government in directing at what businesses have to follow to re open. These rules and regulations will effectively kill the businesses.
I agree there will be some issues with the balance between previous income and future income, but the biggest factor is overhead. Rent will have to be lowered to entice the few restaurants that are willing to take the chance at success. All costs of business will have to be decreased in order to see a recovery. The cost of red tape, fees and licenses should be drastically lowered if not completely waived.
Get government out of the way and we will see entrepreneurs do their thing.
That is my main point. We have seen an increase in government in directing at what businesses have to follow to re open. These rules and regulations will effectively kill the businesses.
Especially restaurants.