Entrepreneurs & Business Heads React To Prime Minister Narendra Modi’s Decision of Lockdown for 21 days to mitigate the risks of Covid19 spreading in India
4Senil Shah
Senil Shah, Founder of New York Burrito Company says, “On the business end, everything will be shut. So there will be a complete loss. Two major fixed costs are rentals and salary. On rentals, we are trying to reduce it. On the salary front, we are not firing any of our guys, as we believe to stand with them in this crucial time. But overall we are positive on the front that when the restaurant industry opens up there will be a spike in sales as so many people who are addicted to eating out are waiting to eat out.
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