Coronavirus - effects on business

[Homer]

we've got enough work for a week and a half, after that we are revamping our embroidery room, painting, cleaning from top to bottom, finally set up the DTG. Trying to find the positives in this shut down. We are discussing paying ahead for the next few weeks in preparation for the major shutdown that we think is coming.

After that, I'm going to load up the four wheelers and dirt bikes and hit the cabin for week or two... Have a bottle of shine waiting for me 

[mk162]

Almost every order we have in house is either on hold or cancelled.  We have a few things trickling in, but we are going to start cutting hours this week.

I have enough projects at the house to keep my busy...but that doesn't pay the bills. We were coming off a slow Christams too and the spring rush hadn't hit yet.  We'll see how it goes.

[CBCB]

Canada here. We’re a bit behind some parts of the USA. Schools are closing for three weeks starting Monday.

We have a solid week and more of production booked. Keeping a close eye on the inbox and incoming orders because if we follow the same pattern it sounds like it’ll slow down here too.


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[mk162]

Canada here. We’re a bit behind some parts of the USA. Schools are closing for three weeks starting Monday.

We have a solid week and more of production booked. Keeping a close eye on the inbox and incoming orders because if we follow the same pattern it sounds like it’ll slow down here too.


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Keep an eye on cancellations as well.  The schools here probably won't reopen which means no field day, clubs, events, etc.  Sports teams have already either cancelled or postponed seasons.  It's bad, and we aren't in the thick of it.

[inkman996]

Canada here. We’re a bit behind some parts of the USA. Schools are closing for three weeks starting Monday.

We have a solid week and more of production booked. Keeping a close eye on the inbox and incoming orders because if we follow the same pattern it sounds like it’ll slow down here too.


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Keep an eye on cancellations as well.  The schools here probably won't reopen which means no field day, clubs, events, etc.  Sports teams have already either cancelled or postponed seasons.  It's bad, and we aren't in the thick of it.

We do roughly 50 or more field days a year, we are almost assured none will happen this year, most CT school systems have officially closed and the governor is considering making it mandatory state wide like NY did. The loss of the field days and youth sports alone will be devastating.

[lancasterprinthouse]

So far we have only had one delay and no job cancellations. Luckily for us we aren’t big into event/sports printing. The one league we do told us to produce the order and if they get cancelled they will store it for next year which I thought was pretty stand-up of them to do during this time. Booked out for the next 2 weeks and will evaluate where we are at come the end of the week but if it’s a slow week we will likely start working on the unemployment process.


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[inkman996]

Well that seals it, our governor (connecticut) just ordered all restaurants and bars to a mandatory shut down. It was nice knowing you all.

[Homer]

Well that seals it, our governor (connecticut) just ordered all restaurants and bars to a mandatory shut down. It was nice knowing you all.

our governor just closed restaurants, bars, gyms, and movie theaters... hearing word of closure for all nonessential businesses but nothing confirmed from the horses ass, I mean mouth...I mean Cuomo...

[Croft]

I'm pretty sure that our shared boarder is going to get shut today, seems like that is what the news is leading to we'll see big news conference at 1pm
Gyms , casinos, schools , community centres, ski hills  etc closed here so far

[GoWestRob]

Which state will be the first to mandate the closure of all screen printing and embroidery shops?  Come on Colorado, we're rooting for you...

[inkman996]

Well that seals it, our governor (connecticut) just ordered all restaurants and bars to a mandatory shut down. It was nice knowing you all.

our governor just closed restaurants, bars, gyms, and movie theaters... hearing word of closure for all nonessential businesses but nothing confirmed from the horses ass, I mean mouth...I mean Cuomo...

Our ass (Lamont) worked with your ass (Cuomo) and NJ's governor to come up with these shut downs. Everything you listed as well as some other business types are part of the mandatory closure starting tonight at 8:00 PM.

[mk162]

I have been very impressed with how our Governor and the ATL mayor have been handling this.  I can only take a few minutes of Brian Kemp speaking before it feels like nap time, but he's doing a great job so far.

[Audifox]

We have had cancellations, and some orders are still going ahead.   It was starting to get busier from a quiet Jan/Feb so.........

They have closed the schools for the rest of the school year here in Alberta.  Bars, restaurants are still open for now.  City run stuff like pools, fitness centers etc. are closed.

Fun times.......

[Atownsend]

Not trying to get this pushed to the controversy cage or anything... but this all seems to be a gross overreaction on the part of media & governments. Its not like this is freaking ebola right?! 20 yr olds aren't bleeding out of their eyeballs and dying here. The vast majority of folks who get sick have mild symptoms and can ride it out at home from what I understand. Why the hell are we shutting down the entire economy for what is basically influenza. Why not just have the high risk population self quarantine and have them medical community practice standard contact / droplet precautions to prevent the spread into at risk populations. The effects on workers, businesses, and the economy as a whole should be taken into account. We're not going to be able to get this time back.  In the UK they're not banning public gatherings and are basically waiting it out so that the population develops herd immunity, therefore stopping the spread. Theory is once 60-70% of the pop gets it, they have immunity and the spread stops / slows. Meanwhile life goes on and only the high risk population is very careful. Better solution IMO, considering that containment may or may not actually work at this point.

I have family in the high risk population, if they get it, its not going to go well. Its up to them to be mindful, but damn the economic impacts have to be balanced here, or there are going too be a whole lot of repos (and worse) going down for people who live from paycheck to paycheck.

We have dropped pretty hard, zero contract biz incoming and many in the queue cancelled. Now that they are shutting down restaurants, breweries etc AKA my retail customers, I also have to worry about my receivables. Are we going to get paid, hope so? Usually we're are pretty low on the totem pole when it comes to getting paid. May have to reconsider net 30 terms in the future depending on how all this shakes out. Furloughs looking inevitable, for 4-6-8 weeks? We can only clean the press, ink containers, and sharpen squeegees for so long.

Always the possibility that i'm totally off base in my assessment. But really, I cant help but think we're being screwed here, and its going to get much worse before it gets better.

[inkman996]

I agree, I am more inclined to push for the herd immunity because the second wave can and usually more severe. The damage to the economy this is taking is probably cause more issues than the virus itself.