Business Interruption

I was pleased with all the businesses being shut down recently. I wasn’t please because they were shut down. I never like that, but I was pleased because it had nothing to do with Covid-19. I thinkwe are all tired of that.

The temporary interruption of business is not always a simple thing. You can’t always just shut off the lights and walk away. In running a business, we make commitments, and we may service debt. Some things don’t stop because your customers can’t reach you. You have to consider the shelf life of your products, the ability of customers to reach competitors, and concerns specific to your particular business. Sometimes staying open at a loss may have to be considered ifwearetoexpectprofitsinourfuture. Theseare difficult decisions that require that closing our businesstobeachoicebetweenoperatingataloss or closing the business permanently, if we can.

The farmers of the 1980’s knew what this felt like. The production of agricultural produce after the war until the 60’s was a case of too much production. The crops were good but there was no place to sell their production which kept prices low. In the 70’s weather conditions overseas decimated agricultural productions and the call went out from Washington to increase production to feed the world.

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