Orange County NC Website
Browse       Search
DRAFT <br /> <br />8 <br /> <br /> <br />Impact on Revenue <br />The pandemic’s impact on revenue losses is skewed to the extreme. A total of fifty-seven percent (57%) <br />of respondents reported less revenue in 2020 compared to the same time period in 2019. However, of <br />those firms experiencing a decrease in revenue, thirty-eight percent (38%) reported reductions of 50% <br />or more, and over 33% reported a loss between 20% and 50%. This means that of the 162 firms that <br />reported lower revenues of any amount, over seventy percent (70%) of those firms have experienced <br />losses over 20% compared to 2019. <br />The number of businesses reporting revenue increases is more balanced. A total of forty three percent <br />(43%) reported higher revenues compared to 2019. Of those 124 businesses that are outpacing last <br />year’s revenue, twenty three percent (23%) reported over a 50% increase, and twenty five percent <br />Increased curbside, <br />Increased home delivery, <br />Increased online sales <br />Increased curbside, <br />Increased home delivery, <br />Increased online sales, <br />Increased virtual sales or <br />services <br />Increased curbside, <br />Increased online sales <br />Increased curbside, <br />Increased home delivery <br />Increased curbside <br />Increased online sales, <br />Increased virtual sales or <br />services <br />Cleaning Protocols <br />Increased online sales <br />No modifications made <br />Increased virtual sales or <br />services <br />0 10 20 30 40 50 60 70 80 90 100 <br />Top 10 Modifications to Operations <br />n=239 <br />29