Conversation with a Bank VP
By Anthony Analetto
President – SONNY’S Car Wash Equipment Division
I’m no economist. I’m no banker. But I doubt I’m the only
car wash operator walking around with this tingling sense that I’m either about
to be sideswiped by economic forces outside my control or miss out on one of
those opportunities of a lifetime.
With two washes in a hurricane prone region, I’m no stranger
to hurricane preparedness plans – but what do you do to prepare for a prolonged
recession? None of us needed the official announcement that we were in a
recession to tell us that business was down. Unfortunately, none of the experts
seem able to predict if the storm is about to respond to the bail out programs
and dissipate, or is about to hit the proverbial fan.
