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Reply to "Adagio Ballet Closing (Arlington)"
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[quote=Anonymous][quote=Anonymous]Wow. The are typically packed. So sad about JW tumbles and MOBU kids too. Man, I guess I knew businesses had a short profit margin, but it sucks that places don't have enough savings to cover bills for a few months (are businesses allowed to have savings for emergencies? I assume anyway). [/quote] I suspect that the issue is that even if they can make it a few more months, they likely wont be back to business for real for at least a year. There's no real benefit to hanging on longer if they can't last until there is a vaccine and the world fully reopens. Hanging on until the last dime would also mean that they wouldn't have money to reimburse families, which will leave a sour taste in everyone's mouth. If they do give refunds now they may be able to start anew post-pandemic with community support.[/quote]
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