Focus Management Group: September Month in Review
Each month we post an overview article that covers our recent company articles, announcements, and insights. Below is for the month of September.
What Do August Inflation Numbers Tell Us About Tailgating and Business Financial Performance?
Football is back! That means all the tailgating favorites like burgers, hot dogs, and drinks! But unfortunately there's another thing back this month nobody is looking forward to: Inflation.
The August CPI was reported today at 8.3%, which is a reduction from the 8.5% rate in July. Clearly the impact on businesses is similar to the impact on consumers. Costs to operate a business in 2022 compared to 2020 will continue to be challenging.
How would the impacts look on the cost of a typical tailgating party? Let's dive in and examine...
Read more below!
Inventory Levels & Supply Chains Changing: What Does That Mean for Q4 2022 & 2023 Results?
For months headlines have included reports of clogged ports, increasing shipping costs for container, rail and trucking, low inventory levels and increasing levels of inflation.
Businesses have been tracking inventory levels, inventory to sales, and shipping costs. Looking at the various indices, the level of uncertainty for future performance forecasting continues.
Business inventories are at their highest reported levels.
The amount of inventory on hand compared to sales is now increasing. These trends underscore issues we have been seeing with distributors and retailers having the wrong inventory, and supply chains being stuffed with product.
Read more below!
Industry Sectors 2.5 Years After the Pandemic Lockdowns: Skilled Nursing Facilities (SNFs)
It is almost shocking to think that two and a half years have passed since the initial Covid-19 lockdowns. Businesses have been confronted with tremendous challenges and opportunities – shutdowns, work from home, hybrid work environments, testing requirements, plant restructuring requirements, labor shortages, PPP loans, other government stimulus programs, changing consumer preferences, supply chain issues, ongoing labor issues, and inflation.
Different companies and industry sectors have responded differently to the challenges and opportunities. Let’s consider the skilled nursing health care industry.
This is an industry that experienced a tremendous amount of bad press during the pandemic lockdowns. Residents died. Family members were unable to visit loved ones. Some state governments were accused of mishandling patient care and Covid-19 risks...
What does it look like now, 2.5 years later?