State Capitol Building. (Photo: Kevin Sanders for California Globe)
SHOCK: California Globe Survey Finds California Businesses Hurting Following Re-Openings
55% California businesses surveyed had to close in the past two years; 70% still waiting for customers to come back
By Katy Grimes, June 28, 2021 7:21 am
California Globe’s latest survey asked how you or someone you know who owned a business made out during the statewide lockdowns and subsequent reopening. Here are the results:
“Have you or someone you know owned a business in California in the past two years?”
YES: 68.3%
NO: 20.9%
ABSOLUTELY NOT – I would never own a business in this state: 11.5%
“Did you or someone you know own a business in California and enroll in the PPP? (Paycheck Protection Program)”
YES – Had to: 37.2%
NO: 49.6%
TRIED BUT didn’t get approved: 6.5%
STILL WAITING for it: 2.4%
“Did you or someone you know who owned a business in California, have to close in the past two years?”
YES: 55.4%
NO: 41.2%
“Did you or someone you know who owned a business in California have a hard time opening back up?”
YES: 49.4%
NO: 30.9%
STILL CLOSED: 16.5%
“If you or someone you know who owns a business in California, are your customers back 100%?
YES: 10.1%
NO: 70.3%
50% BACK: 10.1%
“Did you or someone you know who owned a business in California have a hard time re-hiring staff?”
YES: 60.9%
NO: 24.2%
NEGOTIATING – They are unwilling to work for same wage: 5.8%
“If you or someone you know who owns a business in California, are you requiring staff to wear masks? Customers?”
YES: 12.0%
NO: 53.5%
Just Staff: 25.7%
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Sad that there are still businesses still requiring masks and that business ain’t the same as it was.
Uninformed
This survey is meaningless……the real issue is remaining capital, borrowing capability, business model relevance….A REIT with 200 malls is now in some form of bankruptcy. Too many stores, too many retail locations, hardly any price, service, selection competition. Add in lower middle class loss of purchasing power…..bingo…..the real world.
Too bad there are any left. More businesses California can tax to death. Someone has to pay for all this, guess who?
After 40 years in business I had to shut down. My co-workers got so mental and difficult to work with I had no other option. Income and savings declined drastically and eventually dried up. After a few months it became so stressful I had to shut down. I did try to get ppp an that was dead end.