Coronavirus - effects on business

[cleveprint]

I'm also using this time to unsubscribe to a few hundred emails that come from somewhere I do not know of. Digital house cleaning I guess

Same! Never knew how many pizza sites I signed up for over the years! They are targeting me hard right now!

[3Deep]

I know some of us in the screen print are gonna get hurt, how hurt I don't know, but just looking beyond this industry, I'm looking at my customers and thinking the $1000 payments they are talking about might hurt people later but look good right now if it is not spent right, so saying that I could see landlords reducing there rents and electric companies doing the same for a few months, you can always buy cheaper foods to eat, but JIMHO if people can keep a roof over there heads and lights on that would calm a lot of people nerves.  Some people I know are going to take advantage of this like some pass history did in economy down fall.

[farmboygraphics]

Add gift cards to your website if you can. I'm fortunate that I have a small coffee roasting business/hobby that is trickling people in. We have a gift card which has both the shirt and coffee business on them. I was just able to add it to our coffee site, not sure why I waited, and link it to both sites and post it to FB. I'll take what I can get. Also wiping our business bank account down to the minimum as they like to help themselves if a loan payment is late. Brutal here.

[bimmridder]

Personally, I was just blessed with a final notice for an assessment of a highway that was built a mile from my house. That's 700 bucks I could use on other things. I have a month to pay and they make it clear they will not defer this payment. And they were nice enough to send it to 259 of my neighbors. I may just choose not to pay it now.

[farmboygraphics]

Still getting plenty of request to print shirts and banners from the scammers.

[CBCB]

Heads up, Adobe is giving two months free!

https://www.reddit.com/r/web_design/comments/flbq6m/adobe_is_giving_everyone_2_months_of_free/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

Wasn’t sure if this is the best place to post this but we all need to share more resources!


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[Homer]

we have a facebook campaign going right now, we are giving away a free "OPEN" banner to any business still open and operating. We have made so many new connections with businesses we have never dealt with before. So many restaurants doing take out only, everyone is hanging them up, taking pics for instagram and spreading the word. When this shitstorm is over, we will have an influx of work off this. I guarantee it...Gotta find a way to keep going. As Jocko would say... Life getting tough? GOOD.....Time to adapt and improvise.



If you don't know Jocko, you are already a step behind.

[Pangea]

At least the boards are staying busy to give me something to read!

[whitewater]

we have a facebook campaign going right now, we are giving away a free "OPEN" banner to any business still open and operating. We have made so many new connections with businesses we have never dealt with before. So many restaurants doing take out only, everyone is hanging them up, taking pics for instagram and spreading the word. When this shitstorm is over, we will have an influx of work off this. I guarantee it...Gotta find a way to keep going. As Jocko would say... Life getting tough? GOOD.....Time to adapt and improvise.



If you don't know Jocko, you are already a step behind.

Thanks for this info Jay! We are starting this this afternoon!

[Cole]

I'm in California and last night the entire state was ordered to stay home. Not like that's going to stop me from going in to the shop to finish orders, but it shows how serious the restrictions are becoming. Orders have come to a complete halt. I haven't had a single order placed in the past week. I've had lots of fears over the past 5 years of running this shop, but I never could have prepared for something like this. Here's how I look at it. If this home quarantine lasts for months, that means there are no events, schools, restaurants, coffee shops, etc. to print for. So I could go months without any work. Luckily, I don't have any employees, so I only have to worry about myself and my family. The worst case scenario would be to close the shop doors and liquidate all of my assets. The problem is, who is going to be buying printing equipment in this current state of our country? So I doubt I'd be able to even cash out on my assets. I have $6600 of overhead between my shop and my mortgage, so if this past week is any preview of times to come, It's over for me. Not trying to bring everyone down or anything. I'm just venting.

[GraphicDisorder]

Had to tell my employees today to prepare to be unemployed in 5-7 business days today. Like most we finally have seen a steep drop off in business. The goal here is to exist when this thing blows over finally.

Best wishes all.

[3Deep]

I just hope we all are back here chatting and bullshinning with each other on the other end of this crap, our government here I think is going to shut us down and my UPS driver told us yesterday the union wants them to shut down, so if that happens we might as well go home also, but until then we are still printing, and cleaning!

[mk162]

I am working solo...have been for the last 2 days.  Everyone was laid off and is applying for part time jobs or unemployment.

If you haven't already contact ALL of your debtors...landlord, credit cards, mortgage companies, etc and see what they are offering.  I know Capitol One is currently offering a 1 month deferral, but she said they are monitoring it and will do what is necessary.  Any little bit helps right now.  We have enough in reserves that I can run the company on very little.

We do work for the local hospital, and I can run that work solo.  It won't be enough to keep us going, but it will make the majority of payments outside of payroll.  My dad owns the building, so I am deferring rent. 

HOLD ALL CASH/MONEY.  As pierre stated you can't do anything on the other side without it.

[blue moon]

I'm in California and last night the entire state was ordered to stay home. Not like that's going to stop me from going in to the shop to finish orders, but it shows how serious the restrictions are becoming. Orders have come to a complete halt. I haven't had a single order placed in the past week. I've had lots of fears over the past 5 years of running this shop, but I never could have prepared for something like this. Here's how I look at it. If this home quarantine lasts for months, that means there are no events, schools, restaurants, coffee shops, etc. to print for. So I could go months without any work. Luckily, I don't have any employees, so I only have to worry about myself and my family. The worst case scenario would be to close the shop doors and liquidate all of my assets. The problem is, who is going to be buying printing equipment in this current state of our country? So I doubt I'd be able to even cash out on my assets. I have $6600 of overhead between my shop and my mortgage, so if this past week is any preview of times to come, It's over for me. Not trying to bring everyone down or anything. I'm just venting.

You only have overhead if you pay it. I keep saying, STOP any payments. Your landlord will not evict you and you lender will not come and get the equipment. If you have to close the business, at least you will have something left.
Pierre

[Nitrox73]

Agree, I'm usually too busy to post or much on here. I have all the time in the world now. There's a shop in town that's offering 50/50 tees- 3 color each side, 24 @ $6 each. Even if we hadn't let everyone go, there's no way I'm trying to compete with that.

I filed for the SBA disaster loan. It took 5 hours online. The servers are overloaded and the site kept crashing but again, plenty of free time. My wife is in healthcare so we have income to survive. There are places already asking/paying up to $5k a week for certain positions. She's looked at several already. Said if she's going to get sick, she may as well make as much cash as she can.