How Could Restaurant Owners like Tilman Fertitta have Prepared for the COVID-19 Pandemic?
Bloomberg reported that Billionaire Tilman Fertitta’s restaurant/casino/hotel/resort/professional sports enterprise took about a 95% revenue hit when COVID-19 forced the closure of most of those businesses. He was forced to furlough 40,000 employees in order to try to stay afloat. The business which was incredibly successful prior to COVID-19, is now looking at negative cash…