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May 28, 2020
COVID 19 - The Emerging "Stress Factor"

In talking to many of you this week, the number one emerging issue is stress.   The rapid...

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Rob Campbell - RE/MAX Real Estate (Central) : Blog : Latest Blog Posts

May 28, 2020
Here Is A New Listing That I Just Posted At Rural Rocky View MD, Rural Rocky View County


Here is a new listing that I am happy to post at Rural Rocky View MD, Rural Rocky View County.
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Here Is A New Listing That I Just Posted At 108 8400 Blackfoot TR SW in Calgary


Here is a new listing that I am happy to post at 108 8400 Blackfoot TR SW in Calgary.
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Here Is A New Listing That I Just Posted At 64 7930 Bowness RD NW in Calgary


Here is a new listing that I am happy to post at 64 7930 Bowness RD NW in Calgary.
Land,...
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Here Is A New Listing That I Just Posted At 5019 1 ST NW in Calgary


Here is a new listing that I am happy to post at 5019 1 ST NW in Calgary.
Huge opportunity!...
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Here Is A New Listing That I Just Posted At 2732 BRENTWOOD BV NW in Calgary


Here is a new listing that I am happy to post at 2732 BRENTWOOD BV NW in Calgary.

Rare...

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LATEST STORIES For Today's News From Around the Web..

Restaurant For Sale in Trochu AB

I have Just Listed a New Restaurant For Sale in Trochu AB
This is an opportunity to live the "small town life" and run a great restaurant. This is a very well established family restaurant in the town of Trochu, in Southern Alberta, about 90 minutes from Calgary. The area is primarily an Agricultural hub, with lots of other businesses that support the Agriculture and local Oil & Gas industry as well. Lots of regulars and travelers going through on Highways 27 & 21 stop for lunch and dinner. One of the best features of this business is the $2,000 +gst monthly rent, which includes a 1400sqft living quarters. The apartment is 3 bedrooms and a full 4pc bathroom for the owners to stay in. The kitchen is well equipped and is in very good repair, and has no trouble servicing this 2000sqft, 96 seat restaurant and patio. Please call me if you would like further details or if you would like to tour this great business opportunity!

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Covid 19 Payroll Subsidy Info
For employers, we are getting more detail on the payroll subsidy:
https://www.singleton.com/2020/03/covid-19-the-canada-emergency-wage-subsidy/
  • $847 per employee per week or 75% of up to $58,700 salary, whichever is less
  • Still retroactive to March 15 (so far)
  • Expectation is that you don’t cut employee wages
  • Business must demonstrate/prove a minimum revenue loss of 30%
  • Federal government will be introducing severe penalties for abuse of the program
  • Application process expected to be announced within the next 2 weeks
  • No limit on business size

For those who were considering using the job-sharing option, this is now, for most businesses, a better option.


Next Steps:  I have started building detailed 90-day business financial plans for some of you.  This provides a specific list of actions based on your own financial P&L statements that includes estimating the impact of using the government programs and includes a list of other actions you can do to help your business weather the storm.  If any of you are interested in having this done for your business, contact me.

 

If any of you will need a business loan to survive a prolonged event, but would not otherwise qualify for a loan, there is money available from the government.  https://www.bdc.ca/en/pages/special-support.aspx.  


Small businesses with a payroll between $50K to $1M should look to the Canada Emergency Business Account https://www.canada.ca/en/department-finance/news/2020/03/additional-support-for-canadian-businesses-from-the-economic-impact-of-covid-19.html  As described in my emails last week, this if interest-free, $40,000 where you can be forgiven up to $10,000 if you pay it back before the end of 2022.


Here is a description of the application process and the questions you will likely be asked https://www.krp.ca/lending-rules-for-bdc-covid-19-relief-program-take-shape


This is the last week you have to re-plan your businesses for the next 2-3 months to stay in front of the situation.  If you don’t know what you need to be doing and how much of it you need to be doing, please contact me.   I want to see you all survive this event as best as possible!


Next 2 weeks, the focus will need to shift to full-implementation of that plan and start looking for short-term business opportunities with customers who are less impacted by COVID-19.  This is a very tactical that looks a lot like war-time situation management.   Even with a plan, the situation going forward will be fluid (some good, some bad).


Later in April,  your planning will need to focus on re-positioning your businesses to be ready to sling-shot out of this event! 

 

Please continue to pay strict attention to all of the hygiene/safety recommendations and emotional/mental health issues discussed here over the past two weeks!   Let’s do everything we can to keep our employees, customers, suppliers an colleagues healthy so we can all get back to work faster!


Pete Baran                           |       403-973-3531
Chief Business Mechanic  |       Blueneck Consulting Inc.
www.blueneck.ca

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Here Is A New Listing That I Just Posted At 108 8400 Blackfoot TR SW in Calgary


Here is a new listing that I am happy to post at 108 8400 Blackfoot TR SW in Calgary.
Drift Spa is a chic, comfortable Nail and Day Spa located in South Calgary at the Meadows Mile on Blackfoot Trail, surrounded by Calgary’s most exclusive automotive dealerships. It was built with comfort and style in mind, the contemporary touches and colors are very nice. The finishing’s are all top of the line and it shows throughout the space. The space could be redesigned to provide a wider variety of Spa & Esthetics services, including Facials, Hair Removal, Laser treatments etc, and would do well with a solid Hair Styling program as well. There is also a café/coffee bar on site.
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Here Is A New Listing That I Just Posted At 5321 59 AV in Rocky Mountain House


Here is a new listing that I am happy to post at 5321 59 AV in Rocky Mountain House.
  • 46 ROOM MOTEL 
  • 19 ROOMS BUILT IN 1979 AND 27 ROOMS BUILT IN APRIL 2016 
  • LOT SIZE: 1.17 ACRES VERY GOOD REVIEWS FROM CUSTOMERS 
  • CAN BE CHANGED TO A FRANCHISE MOTEL 
  • TOWN INDUSTRY: OIL, TOURISM, AGRICULTURE, FORESTRY 

THIS PROPERTY IS CURRENTLY IN THE PRE-FORECLOSURE STATUS

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Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.