WINTER 2021
Distributor's Link Magazine Fall 2020 / Vol 44 No 1
Distributor's Link Magazine Fall 2020 / Vol 44 No 1
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140<br />
THE DISTRIBUTOR’S LINK<br />
JIM TRUESDELL IN AND OUT OF THE COVID BUBBLE from page 54<br />
Add to these circumstances the political strains of a<br />
divided electorate with an election looming, racial tensions<br />
rising, and violence and crime raging in the cities. We are<br />
going to be dealing with mental health problems resulting<br />
from this for years to come.<br />
With respect to business continuity, the National<br />
Federation of Independent Business’s research center<br />
just released results of a survey of small business owners<br />
which shed some light on the effect of the pandemic on the<br />
ability of small enterprises to persevere in this situation.<br />
It revealed that one-in-five (21%) of small business owners<br />
say they will have to close their doors if current economic<br />
conditions do not improve over the next six months. Forty<br />
per cent will face shutdown if current conditions persist<br />
for 7 to 12 months. Of course, it is easy to imagine the<br />
effect on businesses whose products involve people<br />
congregating in what would seem to be risky situations<br />
- restaurants, theatres, entertainment venues and the<br />
like. Other businesses where customers have broken<br />
established habits of shopping or patronage are likely to<br />
find the road back to be long and difficult.<br />
The survey also showed a significant challenge to<br />
employers seeking to hire employees or to keep workers<br />
showing up in the face of enhanced unemployment benefits<br />
which made it unappealing for some people to work for the<br />
previously established wage offerings. There was also<br />
considerable concern about the threat of liability if legal<br />
action is brought against an employer based on decisions<br />
and actions relating to keeping the business operating with<br />
protective procedures in the face of the Covid threat. Some<br />
of these concerns have been mitigated by the Federal PPP<br />
loan programs designed to tide businesses over for a<br />
period when revenues are seriously decreased. Many have<br />
already spent those funds, however, as they kept workers<br />
on the payroll despite drastically reduced activity.<br />
The answer lies in promoting active compliance with<br />
social distancing rules while the wheels of commerce, the<br />
process of education, and the functioning of institutions<br />
go forward. Raising an imminent threat of renewed “total<br />
shutdown” will give rise to increased fears and insecurities<br />
that will carry a social cost far greater than the impact of<br />
the pandemic itself!<br />
JIM TRUESDELL