Will my business survive the Coronavirus? Tracking Thread

**pologq** · 03-21-20, 06:04 PM

good luck man

what will you have for home delivery

**jjgold** · 03-21-20, 06:07 PM

simple you do something else until everything normal again

**PAULYPOKER** · 03-21-20, 06:07 PM

Just pretend your gonna have 2-3 months of Sundays....

It still be there........

As far as your bills,fukk em, not a goddamned thing they can do bout it......

**lakerboy** · 03-21-20, 06:11 PM

I'm sure after doing it for 18 years you have some money saved.

I hope you aren't like huge companies who are crying that they can't afford a few months of down time.

Good luck

**JIBBBY** · 03-21-20, 06:12 PM

Gut it out.. Order will be restored soon.. Things are starting to look up.. This won't last as long as people may think now..

**zam77** · 03-21-20, 06:13 PM

Originally posted by pologq

good luck man

what will you have for home delivery

It will be bundles of prepared entree/dinner style foods. probably 4 pack of meals for 2 or 4. Example delivery would include a meal of each Steak Fajitas, Grilled Salmon and Rice, Chicken Paprikash with spaetzle. Option to add vegetables, salad and cookies. 4 pack for 2 would be around $80, for for $120. What do you think?

**zam77** · 03-21-20, 06:16 PM

Of course I have money saved and can get through a couple months of down time. I definitely don't want to get complacent though... would you guys? Would you just kick back an relax and ride it out or try and reinvent the wheel? The latter is currently under consideration but I don't know if I want to put the effort into it for a fraction of the sales and then next thing you know things are back to normal again

**Thor4140** · 03-21-20, 06:19 PM

Originally posted by JIBBBY

Gut it out.. Order will be restored soon.. Things are starting to look up.. This won't last as long as people may think now..

Things are starting to look up Jibby? Where u hear that bullsh it? In tWo weeks there will be chaos. Ever see that show Colony? Better hope it doesn’t gets that bad.

**pologq** · 03-21-20, 06:19 PM

Originally posted by zam77

It will be bundles of prepared entree/dinner style foods. probably 4 pack of meals for 2 or 4. Example delivery would include a meal of each Steak Fajitas, Grilled Salmon and Rice, Chicken Paprikash with spaetzle. Option to add vegetables, salad and cookies. 4 pack for 2 would be around $80, for for $120. What do you think?

sounds delish. i wish you well.

**MinnesotaFats** · 03-21-20, 06:20 PM

Call hospital

Those tents they put up and extra workers going to need food

**Optional** · 03-21-20, 06:30 PM

Originally posted by zam77

Of course I have money saved and can get through a couple months of down time. I definitely don't want to get complacent though... would you guys? Would you just kick back an relax and ride it out or try and reinvent the wheel? The latter is currently under consideration but I don't know if I want to put the effort into it for a fraction of the sales and then next thing you know things are back to normal again

Sounds like something you could hand off to someone else to get started with, if it was not worth your time once normal business is restored.

**Otters27** · 03-21-20, 06:34 PM

Good luck man. The Govt should pay everything as if it never happened and so what if the dollar gets inflated

**BigdaddyQH** · 03-21-20, 06:38 PM

Just hang in there. You have to have someone to sell the food to.

**garyking** · 03-21-20, 06:40 PM

Hard to say, depends on your savings. Probably looking at 4-6 months of shutdowns.

**cyclingbettor** · 03-21-20, 06:41 PM

There's definitely a market out there, since all the people staying at home still need to eat. Whether it's worth trying to make a switch over is tough to say. I would certainly kick the tires on that sort of idea, though, if only to figure out what the effort was and have it ready as an option.

**goduke** · 03-21-20, 06:46 PM

It only makes sense to do the home delivery if you have enough clients to reach out to that would take you up on it now. If you have to put money into building up people interested I think it would be smarter just to grind it out and wait. Touch base with your customers and see if they would be interested in that a few times a week. If you get enough people interested do it till everything goes back.

**gauchojake** · 03-21-20, 06:49 PM

probably just give up

**PAULYPOKER** · 03-21-20, 06:54 PM

I dunno this could more than likely lead to lawsuits.....

What if people get infected and try to blame it on you?

If you can get enough or find someone to insure for this potential cluster fukk
would it still be worth it?

**dustyy** · 03-21-20, 06:58 PM

Originally posted by zam77

I've owned a catering business for about 18 years... primarily business to business corporate drop off.

Been through plenty of ups and downs, but averaging all years together my annual sales from 2002 to 2019 are $511,000. That comes to $9827 a week.

Definitely was on an upward swing this past year as Trump's economic impact was really starting to be seen with corporate spending.

This year, which is generally the slowest time of year, my average weekly sales through March 14th were ~ $9309

Last week since the Corona craze took over and businesses began shutting down and I had a shitload of cancellations... sales ~ $3030

This coming week I anticipate $0.00 in sales from catering and am contemplating a shut down for the week while I work on a plan to begin a home meal delivery service. FYI I am still able to do business since we are a drop off caterer but that said no businesses are doing catering for the foreseeable future.

Feel free to post odds on whether or not zammer can stay in business. I'll keep this thread updated as I navigate through the uncertain times... fun times SBR nation... stay tuned

Help is on the way, hang in there. It's a once in a lifetime event that will be painful but survivable. Don't panic. If you have debt, your bank will work with you. If you have installment debt, the bank will defer 60 or 90 days of payments and will more than likely capitalize the interest. If you have current seasonal lines of credit or other short term working capital needs they will be guaranteed by the government. The feds have made it clear that all financial institutions will work with the small business owners.

If you have been in business for 18 years, you have relationships with vendors and lenders and customers that are essentially in the same boat that you are in. Don't compare this economic event with the one of 12 years ago..completely different. That was driven by greed, this one will be solved by patience and compassion from all involved.

Hang in there, it won't be easy but nothing in life worthwhile is ever easy. Chance of survival? 90%. If you have made it 18 years, you will get through this

**JIBBBY** · 03-21-20, 07:09 PM

Originally posted by Thor4140

Things are starting to look up Jibby? Where u hear that bullsh it? In tWo weeks there will be chaos. Ever see that show Colony? Better hope it doesn’t gets that bad.

Don't be a Debbie Downer Thor.. Keep the chin up pal..

Malaria drug working, people know to keep distance now.. China and Korea rebounding as I speak.. ORDER WILL BE RESTORED sooner then people think here in America..

**jjgold** · 03-21-20, 07:14 PM

I don’t know how people don’t have emergency money if something goes bad for 3-4 months when they have a business that does well

**hostile takeover** · 03-21-20, 07:20 PM

Home meal delivery service sounds like a good plan. Toughest part may be to get the word out.

Looks like you will provide a service that people will want, which is key.

Fuk the miserable naysayers. Good luck zam.

**WvGambler** · 03-21-20, 07:59 PM

Originally posted by hostile takeover

Home meal delivery service sounds like a good plan. Toughest part may be to get the word out.

This is the easiest period in history to get the word out. Zammer, get your head out of your ass. You'll be fine. Treat this as a couple months to do all the shit around the house you've wanted to do. Think of the events people will be wanting to plan in 90 days or so. You'll get a great deal of it back.

**BeatTheJerk** · 03-21-20, 08:18 PM

What is your profit margin on a half million in sales ?

**PAULYPOKER** · 03-21-20, 08:22 PM

Originally posted by jjgold

I don’t know how people don’t have emergency money if something goes bad for 3-4 months when they have a business that does well

Cause most don't have a choice........

78% Of Workers Live Paycheck To Paycheck - Forbes

**mjsuax13** · 03-21-20, 08:26 PM

Originally posted by zam77

I've owned a catering business for about 18 years... primarily business to business corporate drop off.

Been through plenty of ups and downs, but averaging all years together my annual sales from 2002 to 2019 are $511,000. That comes to $9827 a week.

Definitely was on an upward swing this past year as Trump's economic impact was really starting to be seen with corporate spending.

This year, which is generally the slowest time of year, my average weekly sales through March 14th were ~ $9309

Last week since the Corona craze took over and businesses began shutting down and I had a shitload of cancellations... sales ~ $3030

This coming week I anticipate $0.00 in sales from catering and am contemplating a shut down for the week while I work on a plan to begin a home meal delivery service. FYI I am still able to do business since we are a drop off caterer but that said no businesses are doing catering for the foreseeable future.

Feel free to post odds on whether or not zammer can stay in business. I'll keep this thread updated as I navigate through the uncertain times... fun times SBR nation... stay tuned

You should definitely try home delivery. Worth a shot. Especially so you don’t have to eat the food cost you’ve probably already incurred. Lots of those one off food vendors on the delivery provider service are just white labeled and made in offsite kitchens.

**mjsuax13** · 03-21-20, 08:28 PM

Originally posted by zam77

Of course I have money saved and can get through a couple months of down time. I definitely don't want to get complacent though... would you guys? Would you just kick back an relax and ride it out or try and reinvent the wheel? The latter is currently under consideration but I don't know if I want to put the effort into it for a fraction of the sales and then next thing you know things are back to normal again

I own a business and I would continue to fight for that business during this time. It’s a tough road no matter the case but you got this far by fighting and sticking it out. What the hell do you have to lose?

**mjsuax13** · 03-21-20, 08:29 PM

Originally posted by pologq

sounds delish. i wish you well.

Even donate product for the tax write off. Don’t lose out on any benefit you can get from it.

**mjsuax13** · 03-21-20, 08:30 PM

Originally posted by dustyy

Help is on the way, hang in there. It's a once in a lifetime event that will be painful but survivable. Don't panic. If you have debt, your bank will work with you. If you have installment debt, the bank will defer 60 or 90 days of payments and will more than likely capitalize the interest. If you have current seasonal lines of credit or other short term working capital needs they will be guaranteed by the government. The feds have made it clear that all financial institutions will work with the small business owners.

If you have been in business for 18 years, you have relationships with vendors and lenders and customers that are essentially in the same boat that you are in. Don't compare this economic event with the one of 12 years ago..completely different. That was driven by greed, this one will be solved by patience and compassion from all involved.

Hang in there, it won't be easy but nothing in life worthwhile is ever easy. Chance of survival? 90%. If you have made it 18 years, you will get through this

Winner talk right here. Well said.

**jjgold** · 03-21-20, 10:09 PM

That’s terrible
Zammer hang in there

Originally posted by PAULYPOKER

Cause most don't have a choice........

78% Of Workers Live Paycheck To Paycheck - Forbes

**lakerboy** · 03-21-20, 10:28 PM

Originally posted by jjgold

I don’t know how people don’t have emergency money if something goes bad for 3-4 months when they have a business that does well

Mind boggling. The best part is how big companies need handouts. GTFO. You make millions but when the world takea a little break you want the government to cover it up?

**zam77** · 03-21-20, 10:32 PM

Today I think I’ll be fine. Next week who knows what I’ll be thinking. The amount of uncertainty is incredible. Very day to day train of thought right now. A big part of me does not want to even fuk with it until this passes. My business interruption insurance is a huge question mark right now. These insurance companies need to come thru... if I knew a claim would cover me I would no doubt sit on my ass and wait until everything was safe. There’s a ton of risk involved right now for these small food businesses who continue to feed people whether It be take out or delivery. One wrong move and a reputation can be destroyed

**zam77** · 03-21-20, 10:36 PM

Originally posted by BeatTheJerk

What is your profit margin on a half million in sales ?

After I pay myself around 8 to 10% and I make right around 6 figures. It’s a tough career and I would like to be out of it in 8 years (I’ll be 50)... if I could do it all over again I wouldn’t but I guess I’m thankful I’ve never had to answer to anyone

**lakerboy** · 03-21-20, 10:40 PM

Originally posted by zam77

After I pay myself around 8 to 10% and I make right around 6 figures. It’s a tough career and I would like to be out of it in 8 years (I’ll be 50)... if I could do it all over again I wouldn’t but I guess I’m thankful I’ve never had to answer to anyone

Food business is hard man. You are doing okay. Once you put out numbers I knew exactly what your turnover was. Was in it for 16 years. Margins razor thin. Food and payroll cost big factor. I of course hope you do well.