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I started a business 5.5 years ago with 2 partners and we've been fortunate

to grow the business to $25M+ annually in revenue and employee 30 people. Now we've not let one go, cut pay, or reduced hours and everyone is healthy to date so I feel very fortunate. With that said we've watched our business drop 30% just this week and I fear moving forward it will get much uglier over the next 90 days

Fortunately we are profitable (for now) but who knows what shakes out. I have to tell you if someone put in front of me 5+ years ago 1000 issues my company would face and I had to pick 999 of them this wouldn't have been one. It's an f'ing crapshoot on what will stop this and just how long this will last. I do know the US will never be the same. This isn't post 911, post 1987 stock market crash, or post 2008 house disaster this is real shit that's getting deeper.

Hope everyone stays safe and healthy
[Post edited by wc hokie at 04/03/2020 3:38PM]

Posted: 04/03/2020 at 3:34PM

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Current Thread:

I started a business 5.5 years ago with 2 partners and we've been fortunate -- wc hokie 04/03/2020 3:34PM

Good luck to you, your partners and your employees wc and -- Hokie360 04/03/2020 4:40PM

👍🙏💪☝️🤞🇺🇸 ** -- wc hokie 04/03/2020 9:02PM

Without knowing the business, is there any way to grow out of this? -- HokieAl 04/03/2020 4:38PM

3PL provider. We've applied for the PPL but haven't heard yet. Problem -- wc hokie 04/03/2020 9:00PM

Plasma from recovered people and the cloraquin stuff is working -- fordham 04/03/2020 4:36PM

Get in on the loan program! ** -- Hockey Dad 04/03/2020 4:16PM

Wouldn't it have been easier to just pick 1 "no" instead of 999 "yes"? -- 48zip 04/03/2020 3:41PM

Yeah, our business hasn't tailed off yet, but it's coming. Just how bad it -- reestuart 04/03/2020 3:39PM

I've been extremely lucky in that people can send me tax info via the -- Hokie CPA 04/03/2020 4:17PM

$25M with 30 people?!? -- GobblerCE 04/03/2020 4:12PM

This is our third endeavor add a partnership and each time we've learned -- wc hokie 04/03/2020 9:05PM

More power to you!! ** -- GobblerCE 04/06/2020 3:52PM

I think he's friends with hokiemas ** -- Brown Water 04/03/2020 4:37PM

Sorry, meant to be under original post. ** -- GobblerCE 04/03/2020 4:12PM

The same to you and yours ** -- wc hokie 04/03/2020 3:42PM

Amen and i wish you strength ** -- ColoVT82 04/03/2020 3:36PM