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Old 03-27-2020, 10:58 AM   #110
mililo4cpa mililo4cpa is offline
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Join Date: Jan 2017
Location: Orlando, FL
Quote:
Originally Posted by F150 View Post
Many will cash in chips and go out till this is over only to resurface after and go back to being successful...those who had a ton of debt wont find it any fun at all.
Totally agreed with this.....in regards to business, the best way to weather this storm was to have a strong balance sheet prior to. Most of the business owners I'm talking to now are lucky to have 3 - 4 weeks of sustainability and are ridden with debt. Hate to be the bearer of bad news, but adding more debt on top of this isn't going to solve those problems unfortunately...
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