Changing fortunes with the decline in covid 19 cases

Looking forward to the future of business

While we welcome the reduction (only 3 digits yesterday) in number of covid 19 cases, this is ominous for companies engaged in health care and services    hospitals, medical suppliers of equipment PPE vaccines, test kits, medicines and the like

Face to face business will prosper this can mean reduction in volume of couriers and other facilitators of on online business. Some may even go out of business just like the pandemic closing many face to face business..  The pandemic has been particularly hard on airlines, tourism, bus and transportation, schools which are mostly face  to face.    Many schools just to retain their faculty have to obtain huge loans to continue paying for their salaries,

All ready fast food and airlines have recovered and away from bankruptcy .  But a cruise ship sailed its last.

Prayers to those who can make it, and kudos who will survive.

Changed business models for the memorial business

Looking forward to the future of business

                                             What fate awaits them?  Like the man in the coffin

The recent pandemic has wrecked havoc on the memorial business.   The traditional giants in memorial are probably hurting like the giant memorial plan company.   Their sales probably shrunk, no one is using their plan, ,because people now turn to memorial plots, actual cremation and interment service.  No use having the funeral service since the attendance is limited if not prohibited.

As the big company do not have cremation infrastructures, , they turn to local funeral homes who in turn turn to crematorium  And as usual engage in layering of cost and squeezing the owners of the facilties.  That would be unsustainable because customers will soon find out that there is over pricing.  Direct cremation can be had for 1/3 the cost of the plans

We also realized that they may be holding billions of pesos in trust funds.  It is not actually theirs but a liability to plan holders. We may be having more margins  than them and resources owned.  

Winners and losers during the pandemic

Looking forward to the future of business

Rizal Philippines

3.25.2021

Winners and losers in business - CNN

There were a number of losers and winners during the pandemic;   Lucky for those who made it;  struggle and valuable lessons for those who lost:

Winners:

      1.  Health care -  hospitals, diagnostics especially those involved in testing,  ppe supplies, vaccines

      2.  Fin tech - those involved in transfer of funds

      3.  We deliver foods, grocery

      4.  Those working in the govt;  involved in health, and aid distribution  

Losers:

     1.  Airlines

     2.  Energy

     3.  Hospitality business

     4.  Restos and hotels

     5.  Resorts 

     6.  Malls

     7.  Banks (due to Baho law loan extensions0

     8.  Schools.

Some businesses permanently closed and we weep for them