Newsletters - 21 07 2020
Since the start of 2020 when COVID-19 began to have a larger and more direct impact in the U.S., companies have been faced with many challenges. To date, the majority of these challenges have been income statement related: costs to acquire PPE or retrofit safer working conditions, temporary closures of businesses, restrictions on operations / capacity, supply chain disruption, and increased operating costs to name a few. All of these challenges resulted in lower revenues and higher costs, directly impacting the day-to-day performance of the company.