So not trying to be political but today the RRF replenishment failed to pass the senate. It would have been a life line for me and dozens of fellow restaurant owners I know
Literally on the turn of a few votes I went from security and being able to sleep finally (that’s why I post so goddamn much) or losing years of my life worrying that this business I spent my life making can continue to exist beyond this summer
well….It is what it is. Im cracking another beer. Love you guys. and go lions
Just had to post this snippet from an article. (apolitical)
“Both political parties agreed that the RRF should be replenished but couldn’t reach a consensus on how to pay for it. “Blanks” generally wanted to treat replenishment as emergency spending, while “Blanks” generally wanted existing funds reallocated.”
Both parties agreed it should be replenished.
Like, two guys standing beside a person chocking, but one wants the Heimlich and the other just wants a stiff swat on the back. Since they can’t decide which method is best to safe the choking person, the let him choke.
You should post the name of your restaurant, so we can come and eat there, when we’re in the area. That would be awesome…as long as you promise not to put laxatives in my dinner because I want to upgrade our QB.
Sorry to hear that T. Just curious, the restaurant industry seems to be booming right now…I’m frankly shocked about the number of restaurants that said they would go out of business if the RRF didn’t pass. Obviously more cash makes everything easier when running a business but what issues specifically are you running in to (staffing, revenue, cost of goods, all of the above)? My apologies if I’m being too personal but I’m partnering with a couple of guys from work who are trying to open a restaurant and more info is always better.
I’ve helped open up several restaurants breweries and brewpubs. Whenever I take a client the first thing I try to do is talk them out of it. It’s a hard business and a little like mining gold, you’re more likely to be sore and broke at the end of the day rather than cashing in on big nuggs
Our taproom was a big revenue driver. We’re still down 60%. Diners in Portland are still more protective than other cities and eating habits haven’t returned to normal. Add nobody wants to work anymore and to keep staff, labor costs have doubled. food costs are through the roof right now too
The RRF replenishment would have sent me half a mill grant to pay off debt we racked up staying open during the Pammy. Pre pammy we were in the black, almost debt free and were just awarded best mid sized brewery in Oregon
Post pammy I have a million dollars in EIDL debt, burning cash every month and just hoping the summer stays nice, wild fires don’t shut us down for weeks and theres not some crazy resurgence of the plague
The other thing that doesn’t help is about half the breweries in town did get the first go around on the RRF. Even though I applied early and it was supposed to be first come first serve, the SBA made a mess of the process. How can we compete with a contemporary brewery that received help when we didn’t. They had cash to lower overhead, pay higher wages, implement benefits, secure hop contracts. The government didn’t just dangle a carrot. They picked winners and losers