Home Discord Chat
Go Back   ChiefsPlanet > Nzoner's Game Room

Reply
 
Thread Tools Display Modes
Old 03-26-2020, 09:25 AM  
Trivers Trivers is online now
Always ask 'Why?"
 
Join Date: Oct 2011
Location: Two Rivers, Wisconsin
Hey Small Business Owners...What are you doing to ride the storm out?

How are you handling HR issues?

Are you applying for SBA loans?
There are several types of loans. And new info is appearing daily.

Capital up to $10MM.
Up to 30 years to repay. Some actually are forgivable.
3.75 to 4%

https://disasterloan.sba.gov/ela/

https://www.inc.com/kevin-j-ryan/sma...incthismorning



My world: Everyone at the software companies are working remotely. The chocolate factory shut down yesterday due to not be considered an essential business. The chocolate elve had already left due to health concerns. I handle all the commercial rentals myself so no impact:

I don't intend to lay-off anybody...if this stretches into June or July...then we may look at cutting salaries by 25 to 50%. With the $1,200 everyone is getting already from the gov, and the 4 month unemployment (+$600/week additional), if we have to do layoffs, then the Team will not be totally without funds.

What are you doing to ride the storm out?

Last edited by Trivers; 04-02-2020 at 06:02 AM..
Posts: 2,919
Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.
  Reply With Quote
Old 03-26-2020, 11:46 AM   #46
notorious notorious is offline
Supporter
 
Join Date: May 2005
Location: Who knows?
Quote:
Originally Posted by O.city View Post
Yeah, Trivers that's what everyone is waiting for.

That's what i'm gonna try and get. Then I'm gonna lay everyone off and pocket the cash.

No not really.
You are supposed to insert an evil laugh at the end of this post.
Posts: 83,061
notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 11:49 AM   #47
Mr. Plow Mr. Plow is online now
In Search of a Life
 
Join Date: Dec 2005
Quote:
Originally Posted by O.city View Post
Yeah, Trivers that's what everyone is waiting for.

That's what i'm gonna try and get. Then I'm gonna lay everyone off and pocket the cash.

No not really.
Posts: 30,717
Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.Mr. Plow is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 11:50 AM   #48
notorious notorious is offline
Supporter
 
Join Date: May 2005
Location: Who knows?
Mortgage must be in place before Feb 15 if you want a loan to cover it.

My scheme is in shambles already.
Posts: 83,061
notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 11:51 AM   #49
O.city O.city is offline
In Search of a Life
 
Join Date: Jul 2009
Actually I wouldn't. I'd gladly scale way back on work.

You guys think I wanna be digging around in peoples mouths right now? **** that. Give me capitol to pay everyone and keep the business up for a few months and I'll lock myself away at home.
Posts: 81,091
O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 11:53 AM   #50
notorious notorious is offline
Supporter
 
Join Date: May 2005
Location: Who knows?
Quote:
Originally Posted by O.city View Post
Actually I wouldn't. I'd gladly scale way back on work.

You guys think I wanna be digging around in peoples mouths right now? **** that. Give me capitol to pay everyone and keep the business up for a few months and I'll lock myself away at home.
Yep.
Posts: 83,061
notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 12:03 PM   #51
Yosef_Malkovitch Yosef_Malkovitch is offline
The Lurkiest
 
Join Date: Aug 2000
Location: Wichita, KS.
I am a lawyer, and I do divorces. My income from that has dropped by 82% since March 6th. Much of the income that I have had since then has been from pre-existing clients making payments on their accounts.

My phone is usually ringing off the hook but it's been so quiet the last 3 weeks that I actually checked with my Google guy to see if he had done something to the advertising. It turns out that nobody is even clicking on the ads right now. People are just too worried about getting by to bother with any extra expenses.

I did some research, and divorce rates typically increase after a crisis like this (as do marriages--evidently people get more emotional in both directions). When the dust settles, I do expect to get a lot of calls from people who have been forced to stay home together.

However, if everyone is out of work for a long time, I don't know how they will be able to afford a divorce even if they want it. This could end up impacting my practice for a long time.
Posts: 2,747
Yosef_Malkovitch has disabled reputation
    Reply With Quote
Old 03-26-2020, 12:26 PM   #52
ChiliConCarnage ChiliConCarnage is online now
TACO SALAD
 
Join Date: Apr 2008
Location: yes
Quote:
Originally Posted by Yosef_Malkovitch View Post
I did some research, and divorce rates typically increase after a crisis like this (as do marriages--evidently people get more emotional in both directions). When the dust settles, I do expect to get a lot of calls from people who have been forced to stay home together.
Is that true when the crisis might still kill your spouse? Leaving you not to have to deal with divorce and a bonus possible fat life insurance check?

Screw divorce, Id be praying for the Rona to take her.
Posts: 5,808
ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.
    Reply With Quote
Old 03-26-2020, 12:43 PM   #53
Buehler445 Buehler445 is offline
Supporter
 
Join Date: Apr 2007
Location: Scott City KS
Quote:
Originally Posted by DJ's left nut View Post
Smoking. Suddenly quite heavily.

Great time to pick up that habit.
Never took you for a smoker.

As an asthmatic and a guy that’s seen family members die essentially from smoking I’d urge you to quit. Do something else. Anything else.
Posts: 56,529
Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.
Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 03-26-2020, 12:51 PM   #54
Shiver Me Timbers Shiver Me Timbers is offline
Elway be drinkin' again
 
Join Date: Dec 2017
Location: Colorado USA
Quote:
Originally Posted by Buehler445 View Post
Never took you for a smoker.

As an asthmatic and a guy that’s seen family members die essentially from smoking I’d urge you to quit. Do something else. Anything else.
Agree 1000 %
Posts: 4,617
Shiver Me Timbers wants to die in a aids tree fire.Shiver Me Timbers wants to die in a aids tree fire.Shiver Me Timbers wants to die in a aids tree fire.Shiver Me Timbers wants to die in a aids tree fire.Shiver Me Timbers wants to die in a aids tree fire.Shiver Me Timbers wants to die in a aids tree fire.Shiver Me Timbers wants to die in a aids tree fire.Shiver Me Timbers wants to die in a aids tree fire.Shiver Me Timbers wants to die in a aids tree fire.Shiver Me Timbers wants to die in a aids tree fire.Shiver Me Timbers wants to die in a aids tree fire.
    Reply With Quote
Old 03-26-2020, 12:58 PM   #55
DJ's left nut DJ's left nut is offline
Sauntering Vaguely Downwards
 
Join Date: Sep 2005
Location: Columbia, Mo
Quote:
Originally Posted by Buehler445 View Post
Never took you for a smoker.

As an asthmatic and a guy that’s seen family members die essentially from smoking I’d urge you to quit. Do something else. Anything else.
Eh - 3/day during the weekdays.

So...kinda.

But yeah, the last two weeks have been just about on the hour. I've spent the last two days trying to anchor myself to the chair to just not go outside. The fact that my actual day to day workload has petered out to damn near nothing combined with the stress of all this is just a real bad combo.

Should probably go get sunflower seeds or something and then just use little 10 minute intervals to chew on 'em.
Posts: 59,679
DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 01:26 PM   #56
O.city O.city is offline
In Search of a Life
 
Join Date: Jul 2009
Quote:
Originally Posted by Trivers View Post
Any ideas on when this is going to come available?
Posts: 81,091
O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 01:28 PM   #57
Johnny Vegas Johnny Vegas is offline
MVP
 
Join Date: May 2008
I’ve paid rent through May already. Just staying on top of bills for now. I cut directv after ten years. Refinanced credit cards are now paid off and paying a lower interest rate to pay off the loan in 2 years
Posts: 5,090
Johnny Vegas is blessed with 50/50 Hindsight.Johnny Vegas is blessed with 50/50 Hindsight.Johnny Vegas is blessed with 50/50 Hindsight.Johnny Vegas is blessed with 50/50 Hindsight.Johnny Vegas is blessed with 50/50 Hindsight.Johnny Vegas is blessed with 50/50 Hindsight.Johnny Vegas is blessed with 50/50 Hindsight.Johnny Vegas is blessed with 50/50 Hindsight.Johnny Vegas is blessed with 50/50 Hindsight.Johnny Vegas is blessed with 50/50 Hindsight.Johnny Vegas is blessed with 50/50 Hindsight.
Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 03-26-2020, 01:39 PM   #58
Trivers Trivers is online now
Always ask 'Why?"
 
Join Date: Oct 2011
Location: Two Rivers, Wisconsin
Quote:
Originally Posted by O.city View Post
Any ideas on when this is going to come available?
Just talked to two bankers....they are waiting on guidelines from SBA....who is waiting on House to agree/change Senate bill...they had no clue how soon SBA guidelines will be ready.

Still trying to figure out how much one can borrow under this Paycheck Protection Act...I read that 2.5 times your average payroll amount of the prior 12 months???
Posts: 2,919
Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.Trivers is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 01:41 PM   #59
O.city O.city is offline
In Search of a Life
 
Join Date: Jul 2009
Quote:
Originally Posted by Trivers View Post
Just talked to two bankers....they are waiting on guidelines from SBA....who is waiting on House to agree/change Senate bill...they had no clue how soon SBA guidelines will be ready.

Still trying to figure out how much one can borrow under this Paycheck Protection Act...I read that 2.5 times your average payroll amount of the prior 12 months???
Thats what I'm trying to figure out.
Posts: 81,091
O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.
    Reply With Quote
Old 03-26-2020, 01:43 PM   #60
DJ's left nut DJ's left nut is offline
Sauntering Vaguely Downwards
 
Join Date: Sep 2005
Location: Columbia, Mo
Quote:
Originally Posted by O.city View Post
Any ideas on when this is going to come available?
Sounds like it will be administered through the local banks.

So...maybe make an appointment quickly.

There's so much shit in there to parse through and dissect that it's still going to be difficult to figure out how it works in practice. But hey, if worst case scenario I end up w/ a 10 year note with no personal guarantee that is 100% backed by the SBA at a rate not to exceed 4% for a million bucks....ugh...that'll suck dicks. But I can proooooobably make that work.

That's another $10K/month I'll have to find in the budget. So...y'know...no profit for 5 years. But it's workable.

The only thing that has me spooked is backing. If I gotta pay it back, I gotta pay it back. Shit happens. But I at least need to GET it first and if banks tighten up and I can't get the engines re-started, that's the nightmare scenario.

From what I've read I think we'll try to reduce any buyout payments by as much as we can, reduce all salaries by 25%, move on from college and part-time staff and let the chips fall where they may. I think that gets us quite a bit of cover here but it's hard to know exactly how much.

But if I can combine that cover with the security of knowing there will at least be the "well now you have to pay this back over 10 years" fallback, so be it.
Posts: 59,679
DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.
    Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump




All times are GMT -6. The time now is 07:46 PM.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.