Chair Brooks-Powers Questions Panel on Projected Revenues and Break-Even Points
Chair Selvena Brooks-Powers asks the panel about projected revenues under the new model and whether small businesses can realistically break even given the high costs and weather dependencies.
How much added revenue have you seen now or project with this new model?
Do you see yourself breaking even?
Is it still an added benefit?
I think that's very much like remains to be seen.
Like when I said I felt duped, it's because I don't know if the juice is worth the squeeze, right?
Um, I don't know because I also didn't expect it to cost as much as it did.
So it's really gonna be I have to get through this season and see where we're at.
And you know, if next year I realize that I'm at a loss from operating, then I've just paid for four years up front, and I'm gonna use one of those because what's the point of operating at a loss and losing money on it?
So I think this year is going to be very telling on how that goes.
And what are some of the recommendations from you know all anyone again can answer this for DOT to improve on the application process?
We've heard myself, um Chairman, and I know a number of my colleagues have heard that the application process has been very cumbersome and challenging.
And the fact that you're connected to the hospitality alliance makes you a more informed um business owner than some that may be out there trying to do it themselves.
And so, me representing a community out in Southeast Queens, I'm not sure how many members are necessarily a part of the alliance themselves, but I'm I'm trying to understand what some of the recommendations could be that can ensure that this is an a truly accessible program for other business owners as well.
Yeah, I I want to say that I want to reiterate that, and I'm sure you'll hear it from DOT that to a large extent they were given a statute to deal with, and the statute required certain rules and regulations.