Not all businesses are doing badly during the pandemic
https://www.bbc.co.uk/news/uk-wales-52947072
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A toilet tissue manufacturer which has been working around the clock to meet demand during the coronavirus pandemic has been given planning permission to open a second production line.
Bog roll demand is still high! Good times if you work in the bog roll business!
Re: Not all businesses are doing badly during the pandemic
Good to see some firms are still able 2-ply their trade successfully.
Re: Not all businesses are doing badly during the pandemic
Some businesses will fold, some wiped out, others will roll with it.
Re: Not all businesses are doing badly during the pandemic
Why has the amount of toilet paper used by the public suddenly rocketed? Are we all now being more fastidous with our wiping? Or are people genuinly stockpiling?
I'm fairly perplexed by it!
Sadly, I fear that the role of insolvency practioner is going to be a busy one over the coming time.
Re: Not all businesses are doing badly during the pandemic
The Bicycle shop near me is busy all the time and i see queues out the door and constant delivery's of bikes and parts, they were never very busy except Christmas everyone's out and about trying to keep fit and breath some fresh air.
My 18 year old son is a lazy bones who normally sits in his room never seeing the light of day, but a month ago he started riding his old BMX with us and I dusted off my mountain bike and my little daughters barbie bike and we've been out riding.
He's now got a new bike and rides every morning.
Re: Not all businesses are doing badly during the pandemic
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Originally Posted by
Jowsey
Why has the amount of toilet paper used by the public suddenly rocketed? Are we all now being more fastidous with our wiping? Or are people genuinly stockpiling?
I'm fairly perplexed by it!
The only thing I can think of, other than the panic caused by media reports at the start, is that people are needing it more due to using the toilet at home a lot more rather than being at work to use theirs.
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Originally Posted by
Jowsey
Sadly, I fear that the role of insolvency practioner is going to be a busy one over the coming time.
Seems very likely, and I wouldn't be surprised if that busy period is extended by a year or two after things are able to get to as normal as possible in the world, with companies perhaps managing now but ultimately failing with the current times as the underlying source.
I'd certainly be expecting a domino effect for some.
Re: Not all businesses are doing badly during the pandemic
Quote:
Originally Posted by
Output
The only thing I can think of, other than the panic caused by media reports at the start, is that people are needing it more due to using the toilet at home a lot more rather than being at work to use theirs.
Seems very likely, and I wouldn't be surprised if that busy period is extended by a year or two after things are able to get to as normal as possible in the world, with companies perhaps managing now but ultimately failing with the current times as the underlying source.
I'd certainly be expecting a domino effect for some.
Which is why lifting lockdown ASAP is so important.
The problem is, it's a trade-off with public health, or at least a serious risk to it.
My bet is that a good chunk of those currently furloughed will face redundancy, especially in the hospitality sector, when 'normality' resumes, because unless we either get an effective vaccine pretty daamn soon, or our knowledge of Covid expands to the point where it clearly isn't the degree of threat we thought it was, then future 'normal' is going to be very different to old 'normal'. At 2m, many restaurants will, apparently, be restricted to about 30% of old capacity, and even at 1m, with other Covid mesures in place, it's only about 70%. I suspect even 70% is beyond survival levels for many.
The furloughing scheme, I suspect, will prove to be a horrendously expensive way of delaying the inevitable, but nit of avoiding much of it.
What, in the absence of finding vaccines, etc, will the new normal look like? My crystal ball is a bit cloudy right now, but my bet is that for restaurants to survive at even 70% capacity, margin per customer is going to have to go up. Quite a lot.
So .... look forward to restaurant meals being much more expensive, and as a result, demand lower. Same goes for airline seats. Without that vaccine, I think we can kiss cheap holidays in the sun goodbye, just to keep the (no doubt smaller) Airlines in the black.
PS. Apologies to anyone in either hospitality or airlines. I don't relish the above, not as single little bit. But short of either an effective vaccine or that reduced virus threat, I just think it's inevitable.
It makes me pity Boris a bit. I think he thought handling Brexit was going to be what defined his legacy, but I can see him copping the blame for all the above, just 'cos he was in the hot seat when the music stopped. Or should that be 'in the intensive care bed?'
Re: Not all businesses are doing badly during the pandemic
I run a cycle shop in London being 400% up for the last 8 weeks. Don't need to sell a bike till november to make the years target.
Re: Not all businesses are doing badly during the pandemic
Even the travel industry is slowly getting back on track according to leading experts: [url]**SNIP/url]
Re: Not all businesses are doing badly during the pandemic
i live fairly close to Bridgend, my wife works there, i have a few friends who live there, i (semi) frequently used to go there for gigs....so there's an obvious joke based around what Bridgend is full of that's too good not to at least hint at here!
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Originally Posted by
Ravens Nest
The Bicycle shop near me is busy all the time and i see queues out the door and constant delivery's of bikes and parts, they were never very busy except Christmas everyone's out and about trying to keep fit and breath some fresh air.
mate of mine normally runs a small construction H&S company which has ceased all work since lockdown, he's started off repairing mates bikes & through word of mouth is doing close to a full time job on bike repairs, to the extent he's considering it as a career change to ease him i to semi-retirement. good on him i say, cycling has been his passion for years so he's doing something that interests him