Community Impact Newspaper asked Tony Felker, President/CEO to weigh in on the effect of coronavirus on the business community.
The fate of Frisco’s small business community as a result of coronavirus will become clearer in the next few weeks, city chamber officials say.
“It’s not going to be easy for anybody, and everybody is going to be impacted,” Frisco Chamber of Commerce President Tony Felker said. “It’s only a question of when and how badly.”
Local businesses are altering hours of operation, shifting business models and closing—some permanently—as Frisco navigates coronavirus’ impact on the state and nation.
“This is uncharted territory,” said Justin Crossie, regional administrator for US Small Business Administration. “We’ve never faced something of this magnitude before.”
What is known
On March 12, the chamber released a survey for businesses to share how coronavirus has affected them. Felker said it still is too early to gauge the impact on small businesses, but the chamber is working to stay connected to its business partners to identify needs. Read more...
