But now we are faced with a perilous situation: Due to Covid-19 and the fact that we are closed to the public, we are running out of cash to pay our rent, utilities, payroll, liabilities and publishers, and make sure we have enough cash on-hand to re-open once we make it through.
Funds given to this campaign will help us weather this storm and make sure we can ultimately reach our goal, which is to keep this business afloat and exist in downtown Ann Arbor for another seven years. Even once this passes, we are unsure what the market will look like when we can re-open, what the book buying abilities of our community will be, and how we can quickly ramp up our operations once again. This campaign will help support Literati both in the immediate and over the next several months, and longer.
If you can give any amount, we are truly grateful. If not, there are other ways to support us and other small bookstores facing perilous situations, such as signing up for newsletters and social media accounts, buying gift cards, ordering books online from their websites, and lending a kind word.
Thank you for these past seven years. Thank you for allowing us to be part of your lives. When Hilary and I first opened this store, we imagined a lively bookstore, a store where our community could come together and celebrate books.
And, despite it all, we have faith that this dream will come true once again.
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