Post by M. Hawbaker on May 16, 2020 15:10:47 GMT
Small businesses are facing new challenges during the novel coronavirus pandemic, including large-scale stay-at-home orders, effectively upheaving their entire business model. But the most troubling challenge may actually lie ahead, as states are working to reopen non-essential businesses despite encouraging people to stay socially distant, changing the way that people shop and spend money in their communities. A few businesses have already thought of a new way to address these overnight changes to their livelihoods — a COVID-19 surcharge, which is usually added as a percentage to any bill or order. While some customers may not this it's fair, this extra tax is most likely saving the business from new expenses related to the pandemic, or from shuttering their doors altogether.
Restaurants may be the first businesses in your area that feel economic pressures brought on by new needs to keep customers safe. But Slim says more businesses may soon institute upcharges to stay profitable — including salons, fitness centers, and most any retailer.
