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Agenda - 11-12-20; ITEM 3 - Update on COVID-19 Long Term Recovery Planning
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Agenda - 11-12-20; ITEM 3 - Update on COVID-19 Long Term Recovery Planning
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11/6/2020 2:59:30 PM
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11/6/2020 2:50:49 PM
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BOCC
Date
11/5/2020
Meeting Type
Work Session
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Agenda
Agenda Item
ITEM 3
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DRAFT <br /> <br />12 <br /> <br />Those businesses that did not or could not make modifications led the number of firms that reported <br />revenue losses by 20% or more. Businesses that reported higher revenues relied significantly on online <br />and virtual sales and services. However, much like the results by sector, some of the same modifications <br />appear on both sides of the revenue spectrum. Increased virtual sales and services, for example, are the <br />most heavily employed strategies for businesses reporting significant revenue gains, but they are the <br />second most popular modification made by businesses reporting revenue losses. Other strategies such <br />as curbside sales and home delivery also appear on both the revenue increase and revenue decrease <br />charts. <br /> <br /> <br />This means that the shift to online sales and services alone does not account for consistent revenue <br />outcomes. Twenty two businesses that reported increasing virtual sales and services as the single <br />2 <br />3 <br />3 <br />5 <br />6 <br />8 <br />20 <br />0 5 10 15 20 25 <br />Increased curbside <br />Increased home delivery, Increased online sales <br />Increased online sales, Increased virtual sales or… <br />Increased curbside, Increased home delivery,… <br />Increased online sales <br />No modifications made <br />Increased virtual sales or services <br />Business Modifications Related to Revenue <br />Increases fo 20% or More <br />4 <br />5 <br />6 <br />7 <br />7 <br />22 <br />24 <br />0 5 10 15 20 25 30 <br />closed <br />Increased curbside, Increased home delivery,… <br />Increased curbside <br />Increased online sales <br />Increased curbside, Increased online sales <br />Increased virtual sales or services <br />No modifications made <br />Business Modifications Realted to Revenue <br />Decreases of 20% or More <br />33
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