We would have been much further ahead financially if we had just closed our doors/laid everyone off mid-March and sat on our hands waiting for the sun to shine and the government to end this lengthy lockdown! - Bill Beasley, Owner
Just to fill a pool costs $50K. If we can’t get some certainty on when or if we will open, then we can’t start the process of opening. We can’t just spend the money and hope for the best. We may lose this season. -Mike Hazelton, Director
We owed $42,000 in rent on April 1 and will owe another $42,000 in rent May 1. Even if both of our locations qualify for the $40,000 loan, it will be gone instantly and we will be $80,000 further in debt. We need help, not debt - Ryan Vande Vooren, Owner
My own business has been in existence for 25 years. It has won multiple awards including Ontario’s Tourism Employer of the Year. We had no debt when this crisis started and were coming out of our most profitable year on record. We had substantial “rainy day” savings reinvested in the company.
Despite all of that, I am genuinely concerned we will not see the other end of this because of the way in which support has failed to materialize in a way that actually helps.
The question to ask yourself is how many small businesses in this province have the competitive advantages I have listed above? If I am not sure we will survive this despite those advantages, how many of them are likely to fail? - Glen Shackleton, Owner
The reality is that Small Businesses fail regularly but now we’re talking about the collapse of businesses like mine that have been around for decades, have long-term employees and otherwise reasonable balance sheets.
Business Owners aren’t asking for a handout, we’re asking for consideration after years of paying taxes and supporting the economy. We’re reminding the governments that 80% of Canadians own or are employed by Small Businesses like mine.
We’re asking Governments across our country to remember that Small Businesses are the heart and passion of Canadian commerce and we need to keep that heart beating. Our success is yours — help us survive now so we can thrive later. - Aaron Binder, Chief Experience Officer
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