FEBRUARY SALES PROSPECTSPOSTED BY: BRETT R. SMITHProspecting Ideas can be hard to think of... Here's a few verts for the month of February.
ACCOUNTANTS
Accounting service firms are busy during income tax preparation time which is traditionally the first three months of the calendar year. As such, firms in this sector tend to have the highest revenue during the 1st quarter. [Source: Table 1. Estimated Quarterly Revenue for Service Firms, Not Seasonally Adjusted. Bureau of the Census. n.d. Web. 03 Jul. 2018] COIN SHOPS Summer is typically a slow time for these businesses. [Source: "Summer slowdown keeps lid on transactions." NumismaticNews.com, 9 Jul. 2017. Web. 10 Jul. 2017.] COLLEGE AND UNIVERSITY BOOKSTORES Universities typically offer class year-round, though most students are enrolled fall through spring. [Source: SalesFuel, 2018.] DENTISTS AND ORTHODONTISTS Business for dentist offices peaks during the first and second quarters. Those two quarters account for nearly 52% of annual revenue. [Source: Quarterly Selected Services Estimates, Second Quarter 2018. Bureau of the Census. 7 Sep. 2018. Web. 31 Oct. 2018.] Industry professionals believe that increases in business at the beginning of the year may be due to patients' maximum spending limits being reset and flexible spending account dollars becoming available. These months are typically busiest for procedures like crowns and bridges. Note also that there may be peaks in new-patient visits during the back-to-school rush of August. Additionally, some professionals report that demand for orthodontics is highest during the summer months after school ends. [Source: "Sales seasonality in dentistry." ADA.org, 12 Jul. 2016. Web. 31 Oct. 2018.] FLORISTS Holidays are peak periods for florists, and Mother's Day is the most popular flower-giving occasion. Mother’s Day sees the largest annual spike in sales, accounting for over $152 million in 2016 alone. [Source: "Flowers for Mother's Day Are a Win for Retailers." Nielsen.com, 11 May 2017. Web. 19 May 2017.] Life events (weddings, funerals) and social events (proms) also create demand for florists' services. Note that while summer has traditionally been the most common season for weddings, more couples are choosing to get married at other times of the year. FOOD GROWERS AND PROCESSERS, CITRUS FRUIT The orange season extends from October to April. February is the peak month for grapefruit [Source: Everything You Need to Know About Citrus. visitflorida.com. Web. 28 Mar. 2017] GAS, NATURAL - DISTRIBUTION COMPANIES Revenue for natural gas distribution peaked during the first quarter, coinciding with the cold winter season. [Source: "Quarterly Services Survey." Census.gov, 7 Dec. 2017. Web. 7 Dec. 2017.] JEWELRY STORES In 2017, February, May, November and December were the peak sales months for jewelry stores. These months coincide with popular gift-giving holidays (Valentine's Day, Mother's Day and Christmas, respectively). [Source: "Estimates of Monthly Retail and Food Services Sales by Kind of Business." Monthly Retail Trade Survey. U.S. Census Bureau, n.d. Web. 29 Mar. 2018.] LAUNDRIES, SELF SERVICE In 2017, revenue was highest during the fourth quarter for personal and laundry services. [Source: "Table A1. Selected Services - Advance Estimated Quarterly Revenue for Employer Firms, Not Seasonally Adjusted." Census.gov, 16 Feb. 2018. Web. 27 Feb. 2018.] LINGERIE STORES Lingerie stores may experience boosts in sales from Valentine's Day shopping, as well as during other gift-giving holidays such as Mother's Day and Christmas. [Source: SalesFuel, 2018.] OIL AND GAS DEALERS Heating dealers typically deliver to customers from October through March. [Source: United States. Security and Exchange Commission. Suburban Propane Partners, L.P.: 10-K. Edgar Online, 22 Nov. 2017. Web. 23 May 2018.] Note that propane use is high during the summer months as well due to its use in grilling. [Source: SalesFuel, 2018.] PERFORMING ARTS COMPANIES Orchestra seasons typically start in the fall and run through spring, though some may also offer summer programs. [Source: SalesFuel, 2018.] SKI/SNOWBOARD SHOPS Ski shop activity typically peaks between November and March, when participants are updating apparel and equipment. Note that January is Learn to Ski and Snowboard month. [Source: SnowSports.org. SnowSports Industries America, n.d. Web. 8 Nov. 2017.] TAX PREPARATION SERVICES Because most clients file their tax returns during the period from January through April of each year, substantially all revenues from income tax return preparation and related services and products are earned during this period. Early season filers typically file their tax returns shortly after their Form W-2s become available in order to receive their tax refunds as quickly as possible. Historically, most of the tax returns filed by their network have been filed by the end of February. [Source: United States. Securities and Exchange Commission. H&R Block, Inc.: 10-K. Edgar Online, 15 Jun. 2018. Web. 13 Aug. 2018.] WORK APPAREL/UNIFORM RETAILERS/VENDORS First and third quarter are busiest due to rental and purchasing patterns of customers and industry price changes. [Source: United States. Securities and Exchange Commission. Unifirst: 10-K. Investors.unifirst.com. Web. 10 Dec 2017] AUDIBLE RECOMMENDATION |
EVENTS IN FEBRUARYACADEMY AWARDS
Sunday, February 24, 2019 AFRICAN AMERICAN HISTORY MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 AMD/LOW VISION AWARENESS MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 AMERICA SAVES WEEK Monday, February 25, 2019 through Saturday, March 2, 2019 AMERICAN HEART MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 BAKE FOR FAMILY FUN MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 BOY SCOUT MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 CARDIAC REHABILITATION WEEK Sunday, February 10, 2019 through Saturday, February 16, 2019 CARDIOVASCULAR PROFESSIONALS WEEK Sunday, February 10, 2019 through Saturday, February 16, 2019 CHILDREN'S AUTHORS/ILLUSTRATORS WEEK Sunday, February 3, 2019 through Saturday, February 9, 2019 CHINESE NEW YEAR Tuesday, February 5, 2019 CONGENITAL HEART DEFECT AWARENESS DAY Thursday, February 14, 2019 DAYTONA 500 Sunday, February 17, 2019 GIVE KIDS A SMILE PROGRAM Friday, February 1, 2019 GRAMMY AWARDS Sunday, February 10, 2019 GREAT BACKYARD BIRD COUNT Friday, February 15, 2019 through Monday, February 18, 2019 GROUNDHOG DAY Saturday, February 2, 2019 LIBRARY LOVERS MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 MARDI GRAS Tuesday, February 5, 2019 MARFAN SYNDROME AWARENESS MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 NATIONAL BIRD FEEDING MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 NATIONAL CHERRY MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 NATIONAL CHILDREN'S DENTAL HEALTH MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 NATIONAL CONDOM MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 NATIONAL DONOR DAY Thursday, February 14, 2019 NATIONAL EATING DISORDERS AWARENESS WEEK Monday, February 25, 2019 through Sunday, March 3, 2019 NATIONAL ENGINEERS WEEK Sunday, February 17, 2019 through Saturday, February 23, 2019 NATIONAL HOT BREAKFAST MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 NATIONAL PARENT LEADERSHIP MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 NATIONAL PET DENTAL HEALTH MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 NATIONAL SCHOOL COUNSELING WEEK Monday, February 4, 2019 through Friday, February 8, 2019 NATIONAL TEEN DATING VIOLENCE MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 NATIONAL WEDDINGS MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 PRESIDENT'S DAY Monday, February 18, 2019 RANDOM ACTS OF KINDNESS WEEK Saturday, February 9, 2019 through Friday, February 15, 2019 SHROVE TUESDAY ALSO CALLED PANCAKE TUESDAY Tuesday, February 5, 2019 SPAY DAY Tuesday, February 26, 2019 SUPER BOWL Sunday, February 3, 2019 THERAPEUTIC RECREATION MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 VALENTINE'S DAY Thursday, February 14, 2019 WISE HEALTH CARE CONSUMER MONTH Friday, February 1, 2019 through Thursday, February 28, 2019 WOMEN'S HEART WEEK Friday, February 1, 2019 through Thursday, February 7, 2019 WORLD CANCER DAY Monday, February 4, 2019 |