Board Minutes April 2020: Difference between revisions
→Financial Report - Chris
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* What's our timeline to getting an online store? | * What's our timeline to getting an online store? | ||
** We'll be able to start selling bikes this week. | ** We'll be able to start selling bikes this week. | ||
* Option might be closing one shop, if | * Option might be closing one shop, if facing an existential crisis | ||
** We can't expect to maintain same revenue with only one shop open (would be less space to store bikes to sell, to have patrons come through) | ** We can't expect to maintain same revenue with only one shop open (would be less space to store bikes to sell, to have patrons come through) | ||
** Scenario in the budget would only lead to us staying afloat for an additional 3 months, and it would be harder to bounce back with only one shop | ** Scenario in the budget would only lead to us staying afloat for an additional 3 months, and it would be harder to bounce back with only one shop | ||