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RE: This is a problem

in #investing6 years ago

We had just put $50k into our store, opened for 2 days and then mandatory shelter in place order hit. To say we are a little screwed is an understatement.

All shows are canceled for months out now including our biggest show of the year which normally covers 2 months of bills.

Amazon also has killed sellers as they won't take in new inventory so no way to get sales there...plus the inventory they have in their warehouses and charging me storage fees on they aren't shipping prime currently. So people are shopping with 3rd party merchant fulfilled sellers as the delivery times are showing less. If I still had Amazon income this wouldn't be as bad...but loosing the store, all shows (huge part of our income), and amazon all at once is really bad.

Doing what we can to see if there is a way to weather this storm, but it will hurt for sure. Called in some debts today from a couple people that owed me money and are working...$600 is a drop in the bucket but better then nothing.