The Point gives the word to bosses, employees, artisans… who work in the sectors most affected by the crisis of the Covid-19. Will they be able to overcome it ? Will they need to change lane, launching a new career ? The France of 2020 will experience a profound transformation.
Trevor Conrad, director of Number 1 Tuition
At the beginning of the epidemic, there was a floating period of about two weeks. To Number 1 Educational attainment, I employ approximately 35 teachers in CDI and 150 to the vacation, providing home to children living with learning disabilities such as dyslexia. Some of us have been afraid for their health, they feared to go among the people. They have therefore exercised their right of withdrawal. Others said that they were sick, and individuals did not really want that teachers come to them. The situation was cleared up from the confinement, since I was forced to the closure of my seven agencies ! Everyone, that is to say, the teachers and, to a certain extent, educational leaders and agency managers, has been placed on partial unemployment. For a month, I have completed their salary, which was supported by the State at 85 %, then I stopped. I had no visibility on the future of the business, so I wanted to keep the cash.
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My accountant, like 95% of the expert accountants of France, has prompted me to not to pay the Urssaf during these few months and to seek a loan guaranteed by the State, saying that it was a very good deal. But I have refused. The amounts that we do not pay or borrow, there is no mystery, it must repay one day. When one borrows, it is hoped that two or three months later, when it will need to be reimbursed, the activity will be resumed. However, I had no certainty. Moreover, it is in June and the activity is still not there. Children are not all returned to the school. Usually, I have between 200 and 300 calls a day here at the Betting agency, today, I have a dozen, at best ! And I lose a lot of money. I had planned in April 250 000 euros of revenue for the company, I’m up to – 10 000 euros because the parents have requested the reimbursement of the course that their child has not had in march !
“IF I’m going in the wall, I file for bankruptcy, but without a loan to pay’
The system of the loan guaranteed by the State is a very bad idea, in my opinion. In a few months, it is certain, the government will invent new taxes to fill the coffers. The companies that have applied for a loan so will have to pay it back and, in addition, to pay these future taxes. Me, if I go into the wall, I put the balance point, but I will not have debt to repay. I am suspicious of this kind of government initiative. Last year, there was decreased employer contributions, the whole world applauded, and at the end of the year the Parliament passed a finance bill which increases taxes on the short-term. However, my company employs many. What the State gave with one hand, he has regained a hundredfold in the other. I do not want to trust the State, it is finished !
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To try to go through the period without too much damage, I asked to the donors of my agencies to make a gesture for the rent. The overwhelming majority was accepted, making me the gift of a month or two of rent. All are small owners. Only one refused : the Lazard group, a bank !
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In fact, at the beginning of the crisis of the epidemic, I was not too concerned for my business. It has the label ” social Enterprise and solidarity “, all the proceeds are so reinvested in equity and in its development. In ten years, I have accumulated 300 000 euros, therefore, six months of cash. For once, the model farmer has the wind in its sails !
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economic Crisis : the measure of orders Macron that has re-talk about it “If the epidemic takes, it’s going to be very complicated “”I put my restaurant sale” I can’t pay my rent trading, how to do ?
