It’s not even 10am on Tuesday 17 March 2020, and it’s already been one of the worst weeks of business I’ve ever faced because of the Coronavirus. And I know I’m not alone.
Yesterday one of our major partners said they would no longer be taking new requests for the next two months. And then this morning another partner said they would not be able to pay their several past due invoices. So not only am I looking at a major decrease in revenue going forward, but the money I thought we had was never really there at all. And that’s just the tip of the iceberg, bills don’t stop because I’m not getting paid.
It’s been scary just how quickly all this has happened. Thankfully, I’ve got a little money saved up so should hopefully be able to ride it out, but I know so many other business owners aren’t that lucky.
Obviously, we all want everyone to stay healthy and avoid infection. And that should be the government’s top priority.
But the business impact from Coronavirus is also real and terrifying too. Especially for small business owners who’ve put their whole lives into their businesses and could see it go away through no fault of their own.
Talking about it has made me feel a little better, so if you’d like to share your story please feel free to do so below.
– Ian, founder of British Business Energy