Small business can't survive a sales drop..?

[Misterjade9]

If they lend it to you in the first place. Fcc is a joke lender for a small farm with new ideas.

Or a farmer who came to the game late and didn't fall into their target demographics. Was told once by a FCC representative that I was "painted with a certain brush".

[Misterjade9]

I heard that....what the phuck does that mean???????

Who knows. it is just lip service anyways.

[ajl]

Or a farmer who came to the game late and didn't fall into their target demographics. Was told once by a FCC representative that I was "painted with a certain brush".

Was the target demographic the farming is easy- just need to upgrade technology 'agvocate' types that have a lot of previous generation equity blowing on their sails?

[wmoebis]

Giving employers a 10% wage subsidy payment so they will be able to keep employees working but if you are a farmer go get another loan.

Would farmers rather get the 10% wage subsidy so you can keep employees? Lots of small businesses are ran by husband and wives or with kids and don't qualify for the 10% or EI. I know small business owners that would gladly trade to have access to $100,000.00 interest free loan right now.

[blackpowder]

Sounds like most here been inside too long. Comparing Western Canadian farms to other Canadian small businesses has always been ridiculous for various reasons.
An awful lot of people are going to hurt real bad real soon. How many here rely on outside child care in order to work a mediocre salaried job for instance?? As of this week you can't work for one reason or another.
Life savings in a restaurant? Too bad!
This is really going to effect the lower half of our society. Immediately.
An acre will always be seeded by somebody. You selfish Hicks think it's always going to be you??
You want to prop up $5000/ac land so your son can lead a charmed life??

[fjlip]

Absolutely, we all chose wisely to go all in, high risk, for 50 years! We did our share/time of getting f*cked over by society/world consumers eating for 1970's primary producer prices.

[blackpowder]

I agree, but right now it's the other 98% that's going to suffer and immediately. I can always live off my life savings in land.

[bucket]

Sounds like most here been inside too long. Comparing Western Canadian farms to other Canadian small businesses has always been ridiculous for various reasons.
An awful lot of people are going to hurt real bad real soon. How many here rely on outside child care in order to work a mediocre salaried job for instance?? As of this week you can't work for one reason or another.
Life savings in a restaurant? Too bad!
This is really going to effect the lower half of our society. Immediately.
An acre will always be seeded by somebody. You selfish Hicks think it's always going to be you??
You want to prop up $5000/ac land so your son can lead a charmed life??

Surely you must jest ....the same logic of someone seeding the land can be used for a restaurant as well...

Society has to take their licking like farmers have been ...most of this money is to help shareholders that want their cake but don't want to pay for it...

Ffs I phoned my conservative MP office....all of a sudden we are all in this together...well I for one don't like paying to bring someone home from a holiday while I stare at crop in the field ...

[LEP]

Surely you must jest ....the same logic of someone seeding the land can be used for a restaurant as well...

Society has to take their licking like farmers have been ...most of this money is to help shareholders that want their cake but don't want to pay for it...

Ffs I phoned my conservative MP office....all of a sudden we are all in this together...well I for one don't like paying to bring someone home from a holiday while I stare at crop in the field ...

Until you have been in retail you have no f'in clue. When no one comes through the door for 2 weeks most will hurt bad, 4 weeks and we are talking liquidation.

Don't think low oil prices, hurting ag and rail blockades haven't impacted small town retail already. Now add this which essentially stops traffic to things like rinks, restaurants, theatres. Malls are vacant.

Some retail stores are sending employees home. Most small businesses work with very small amounts of working capital and have very little to borrow against. Now shock their system with this ... many won't recover.

It's like farming with no owned land.

[blackpowder]

One good thing about not traveling is not listening to millionaires whining to people who will never use their capital gains exemption LoL.

[bucket]

Until you have been in retail you have no f'in clue. When no one comes through the door for 2 weeks most will hurt bad, 4 weeks and we are talking liquidation.

Don't think low oil prices, hurting ag and rail blockades haven't impacted small town retail already. Now add this which essentially stops traffic to things like rinks, restaurants, theatres. Malls are vacant.

Some retail stores are sending employees home. Most small businesses work with very small amounts of working capital and have very little to borrow against. Now shock their system with this ... many won't recover.

It's like farming with no owned land.

Sorry yes...I won't argue the statement ...I am in the wholesale business ...

[sumdumguy]

I talked to an employer today whose office of about ten full-time employees and six part-time wonder how to run a skeleton staff with most staff running their households on a month-to-month budget with high expenses and small savings. What a dilemma! Very hard on families and their employers.

[Sheepwheat]

We as farmers often look at folks with a constant, bankable and knowable paycheque with a mite of envy.

But now as these things are up in the air, we need to remember most people rely on two incomes to make a living, and in spite of how things look, are a paycheque away from disaster.

Quite a thing indeed, watching this unfold. We have significant lamb deliveries to the city tomorrow. But with our restaurants closing, the future is debatable in the near term. You just can’t win! The economic uncertainty is scary for most people. Fear feeds fear.

So fellow farmers, be happy you live in the sticks, and be happy for your independence and self reliance these days. It looks like it will come in handy for once.

[LEP]

Sorry yes...I won't argue the statement ...I am in the wholesale business ...

Except when the Black Swan starts laying eggs you can borrow against the equity in your land. A retail business may not be able to borrow to get past this, even a good one.

I was talking to a guy who has as much business in the US as Canada. He has been talking to people in his company and they feel there will likely be more bankruptcies than deaths. Not to downplay the seriousness of the virus. More to relate the seriousness of the effect on all business.

[furrowtickler]

Oldest brother just got laid off from local Ag dealership . Him and 3 others .
We need a guy for spring so we can give him a job for a while . But others may not have options
It’s happening very fast