Participant Contributions to Budget Vision by https://padlet.com/caleb142/fegmoh0566zh1qxh Made with intention en-us 2021-04-30 21:34:25 UTC 2021-05-04 00:38:56 UTC hello@padlet.com MacroEconomic Environment caleb142 https://padlet.com/caleb142/fegmoh0566zh1qxh/wish/1480054893 GDP is going to explode, huge spending seems imminent - roaring 20s coming early

Inflation and cost of goods increasing]]> 2021-04-30 21:35:04 UTC https://padlet.com/caleb142/fegmoh0566zh1qxh/wish/1480054893 Bay Area Economics caleb142 https://padlet.com/caleb142/fegmoh0566zh1qxh/wish/1480056116 Potentially faster recovery in the Bay Area based on previous economic crisis

land ownership, manage our own restaurants, owning our property to support more businesses of the incubator program. a marketplace and commercial kitchen that we can own
]]> 2021-04-30 21:35:50 UTC https://padlet.com/caleb142/fegmoh0566zh1qxh/wish/1480056116 Bay Area Politics caleb142 https://padlet.com/caleb142/fegmoh0566zh1qxh/wish/1480056968 2021-04-30 21:36:16 UTC https://padlet.com/caleb142/fegmoh0566zh1qxh/wish/1480056968 Food Industry Trends caleb142 https://padlet.com/caleb142/fegmoh0566zh1qxh/wish/1480057581 Jennifer - Food trends will slightly changed or different after pandemic, I think. But I don't think we know for sure yet what the changes will be, we're technically still in the middle of it.]]> 2021-04-30 21:36:40 UTC https://padlet.com/caleb142/fegmoh0566zh1qxh/wish/1480057581 COVID Notes and Trends caleb142 https://padlet.com/caleb142/fegmoh0566zh1qxh/wish/1480057977 Jennifer- I think delivery/pickup will continue after pandemic, it has become a habit and customers are comfortable with it]]> 2021-04-30 21:36:54 UTC https://padlet.com/caleb142/fegmoh0566zh1qxh/wish/1480057977 Trends in Your Communities caleb142 https://padlet.com/caleb142/fegmoh0566zh1qxh/wish/1480058704 2021-04-30 21:37:18 UTC https://padlet.com/caleb142/fegmoh0566zh1qxh/wish/1480058704 Participant Trends: Where Do You See Business Heading? caleb142 https://padlet.com/caleb142/fegmoh0566zh1qxh/wish/1480067759 Afraid of making long term plans -- what short-term plans -- i.e., sales target in next 6 months

A slow and steady uptick in indoor dining and drinking activities. A steady downstream of to go. Private events will fill a big gap through all this transition.

Peaches Patties -- signing a lease in the next few months; construction + build everything from scratch; taking a risk with our savings for the build; six months until we open door; ideally looking to open before the holiday

Peaches Patties -- companies starting to go back to work; start reaching out to them.

catering as a bigger part of the business

Peaches Patties -- Looking to sell patties in store -- i.e., product development; future looks bright but lots of risks; hard to find employees due to the economic crisis.

More businesses sharing location and focusing on just delivery , creating partnerships

Home Based Businesses

Shelf stable (CPG)

some of our participants have pivoted to packaging product. origen, noodle girl, taco thai. are we engaging with participants on a program level?

Mounir - We are just starting into business. Expenses are high for a new business compared to sales…Sales is the highest priority. Sales are down now so increasing sales is our goal.Steady income….In the case of the MM, we need to make the place more inviting. Inside and outside. Starting dine-in and getting people to come inside for lunch break. Each business has different needs. We don't have to worry about rent yet, but others do.FabiolaAccess to commercial space. Rent going higher and higher. Also a huge hub or landback/racial justice. Owning spaces would help solve that. Doing the same thing over and over again is not feasible. Ownership would allow for more creativity and flexibility.

From 1000 Layer/Nusa - no major changes in business model (have a commissary kitchen to do catering, online orders, pickups/deliveries), except the focus will be on individual customers instead of corporate accounts, for the short term, while businesses are reopening/pivot, wait & see the long term effects of foods habits after pandemic. I agree that many food businesses are sharing and focus on delivery
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