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I think this is where you are going wrong.
Fair enough, but some explanation of why would be helpful. I'm always willing to listen to other people's opinions and arguments, but 'You're wrong' doesn't provide much material to work with.
At the moment there is demand for the services being provided. For the short term, those services can't be provided and the demand is no longer there. Once this is over, my assumption is that the underlying demand will still be there, and while it won't happen overnight people will respond to that demand by satisfying it.
If you think that a temporary suspension of supply will either kill off the underlying demand permanently, or will permanently remove the capacity to supply that demand, I'd be interested to know how and why you believe that to be the case.
Again, I'd hope it wouldn't need to be said, but just in case it is - I'm not having a go at you or anyone else. I'm genuinely interested to understand other points of view.
Brommers-
However, early this year I stumped up the lions share of my life savings to launch a business venture
There is no more money to do it again. This is the situation a lot of small businesses are likely to find themselves in, and unlike banks and major corporations, they are unlikely to get any useful bailouts from the government
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In my situation I have entered into contracts with suppliers and handed over money. Most of these suppliers have had contracts with their largest clients cancelled and are now living on borrowed time. They only carry enough reserves for a few months of operation.
So the big reason why a lot of small business owners won't be able to give it another go will be because they won't have any money to do so.
In my case, it looks likely that I will have lost a minimum of 50% of my startup capital.
branwen
Stonehedge
I think this is where you are going wrong.