When the crisis hit , owners who kept a separate cash reserve for the business were less likely to have to choose between saving the business and jeopardizing their personal finances .
because most of the positions lost were lower paid , Michael says . Meanwhile , state and federal dollars poured in through unemployment insurance , the Paycheck Protection Program and more . And with restaurants closed and vacations canceled , consumers had fewer places to spend money .
All that means households on average are sitting on record levels of savings , according to a March 2021 Federal Reserve report . “ If you ’ ve got a small restaurant , you could go from having your worst year to some of the busiest nights you ’ ve ever seen a few months from now ,” Michael says .
The Colour Bar ’ s Martinez senses that having survived last year the company is positioned for even brighter days . “ I think that when everybody is holding back , it ’ s actually time for us to spend more to grow our business ,” he says . “ We ’ re going to be conservative , but we ’ re also going to be very strategic and willing to risk . I think we ’ re in a position where the next move is going to be really big .”
Steven Yoder writes about business , real estate and criminal justice . His work has appeared in The Fiscal Times , Salon , The American Prospect and elsewhere . Online at www . stevenyoder . net and on Twitter @ syodertweet .
JM ENVIRONMENTAL , INC .
PRESERVING HISTORY , PREPARING FOR THE FUTURE
JM Environmental , Inc . specializes in hazardous materials abatement and demolition . With major projects throughout Northern California in their 26- plus years in business , the firm currently plays a critical role in the historical preservation and modernization of the Glenn County Superior Court building located in Willows .
The historic four-level courthouse was built in 1894 . JM Environmental has been tasked with engineered demolition and abatement work from the project ’ s launch in December 2020 through summer 2021 , working alongside the project ’ s general contractor , Arntz Builders .
“ Our job is to safely remove all hazardous materials , including asbestos and lead , from the courthouse , performing surgical seismic and structural demolition while maintaining historical and ornate features ,” says Cole Moore , project manager .
JM Environmental is their clients ’ choice for abatement and demolition in large part because of their highly trained and well-equipped teams . “ We have more than 26 years of experience on projects large and small ,” Moore says . “ Our field superintendents and labor staff have been with us for 15 years on average , so our teams are well trained and disciplined .”
The firm ’ s goal on every project is to exceed expectations and to meet or exceed compliance requirements of OSHA , EPA and air quality regulatory agencies . Recent projects include demolition and abatement for the San Francisco VA Medical Center and modernization of the California National Primate Research Center at UC Davis , which included abatement and demolition .
“ We ’ re capable of the largest and most historically iconic jobs , yet we treat clients with the care of a neighborhood business ,” Moore says . “ Our clients receive top service at every step of every project .”
JMENVIRONMENTAL . NET SPONSORED PROFILE
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