As of press time, the IMARK staff is healthy and fully staffed to continue all our operations. As we navigate through this uncertain year, cash flow will be critical and we are doing everything possible to speed up rebate distribution to the membership.
We continue to work closely with our supplier partners and are here to assist them with communicating critical updates to the membership.
During these challenging times, we are committed to providing our members and suppliers with resources and information. On the IMARK website, under “News You Can Use,” we have created a central repository of information concerning COVID-19 including the following:
IMARK Group Distributor Financial Playbook, Surviving COVID-19 (relative to the stimulus package and the COVID): IMARK has asked Sheldon Charapp, president of financial problem solvers and former chief financial officer of a large distributor, and David Gordon, president of Channel Marketing Group, to develop the IMARK Group Distributor Financial Playbook. This playbook shares fi nancial ideas for IMARK members to consider including stress testing your business, injecting capital into the business, managing employee payroll expenses, managing cashflow and expense and managing inventory.
COVID-19 Plumbing Market Surveys (Dated April 20 and March 30): The survey data provides an overview on the impact of COVID-19 on both IMARK members and suppliers.
Families First Coronavirus Response Act Guidance: SESCO Management Consultants provides answers to frequently asked questions concerning the Families First Coronavirus Response Act.
Paid Leave Provisions in the Families First Coronavirus Response Act: A summary of the significant provisions in the Coronavirus Aid, Relief and Economic Security (CARES) Act courtesy of SESCO Management Consultants.
Coronavirus Emergency Loans, Small Business Guide and Checklist: This guide, provided by The U.S. Chamber of Commerce, details how the CARES Act allocated $350 billion to help small businesses to keep workers employed amid the pandemic and economic downturn.
Critical Industry Employee Authorization to Travel: Developed by the National Association of Wholesaler-Distributors (naw.org), this sample letter template can be customized for your company to indicate your delivery drivers are critical infrastructure workers serving an essential business.
Reducing Airborne Transmission with HVAC Air Filters: This white paper from Parker HVAC Filtration provides insight into maintaining healthier air amidst the coronavirus outbreak.
Customer Engagement during the COVID-19 Pandemic: Frank Hurtte, a regular contributor to IMARK NOW magazine, provides an article titled, Distributor Selling in the Wake of Coronavirus.
We are Here for Our Family
IMARK members and suppliers are family and we will do everything we can to help our family during these challenging days. Stay safe, stay positive and stay engaged!
Please read the special tribute to Brent Anderson, president and CEO of Mountainland Supply in Orem, Utah. Brent, who recently announced his retirement, is currently serving on the IMARK Group Board and has served as past plumbing chairman and director on multiple plumbing boards. Throughout his career, Brent has been an inspirational leader to many fellow members. We wish to thank Brent for all his tireless effort and valuable contributions to our group.