Want to create an interactive transcript for this episode?
Podcast: Retail Today with Bob Phibbs, The Retail Doctor
Episode: The $1T Bailout, Bridge Loans, and Temporarily Closing Down as a Retailer Because of the Coronavirus | Retail Today With Bob Phibbs, the Retail Doctor - Flash Briefing
Description: Well, the good news is they’re considering a one-trillion-dollar ($1T) bailout for small businesses. How fast that will be doled out and how that will be implemented is still days and probably weeks away, but the good news is people are looking at how to help small businesses like you listening.
The other question comes up is "Do I close my store?" and I think you have to think about the advantages to both. Obviously, the #1 concern is the health of your employees and your community. We're being told in New York that all non-essential businesses sho...