LogFAQs > #939585620

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TopicThats 12 local businesses around me that went belly up.
VanananaHeyHey
05/23/20 7:37:11 AM
#5:


Lots of actual family businesses are closing down. That's terrible. Franchises closing down is pure pigheaded cruelty. The people who opened those places to make money for the megacorps deserve better than to be shuttered when they fail to please their overlords. The major companies have every ability to bail these places out to keep them afloat (and what good publicity it'd be!), but instead are cutting their losses to keep the shareholders happy. Yeah, yeah, purchases are going down and corps need to "think about future liquidity," but that's absolute bunk when talking abut multiple billions of dollars.

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