Months ago, I mentioned that a well known and liked Humboldt County business owner wants to retire and sell the business. This was told to me privately and I have respected that decision. I am not even his lawyers knew and when I do share who it is; you will see part of the reason and the role this blog played in informing the public. Knowing what I do about part of the reason for this decision; I hope things have not worsened for this business.
Hearing about well established, well respected local businesses closing or the owner retiring is never easy. Even if someone new takes over, the business is not the same.
Today, during the lunch hour, I ran into someone well connected in the business community. He told me that very soon "four to five" well known local businesses with at least 10 employees or more are filing for bankruptcy.
Even local, generational business owners I know who are doing well are tightening the belt.
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