According to Upwork, savings in commute time implies 890 million fewer miles traveled each day. Vehicle Cost (average operating cost for fuel, maintenance, and repairs of 20.54 cents per mile = $183M per day in direct commuting costs) + Life/Property/Environmental Externality (estimate cost per mile of 18.38 cents per mile=$164… Read More »$758M Daily Economic Savings Due to Remote Work
Uncertainty remains. However, buyers are still buying, just mitigating the added risks caused by COVID-19. These are some contract-related questions that are coming up during Due Diligence: Did the business default on any third-party agreements? What are the termination rights on any key contracts? Are counterparties adhering to their contracts?… Read More »COVID-19 Era Due Diligence Part 3
In 2018, the average person spent 54.2 minutes commuting each day. This translates to 4.6 hours a week, 18.4 hours a month, and 9.5 full days a year commuting. See https://www.upwork.com/press/economics/where-remote-work-saves-commuters-most/ Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com or contact us @ 480-686-8062 | Lisa@DeltaBusinessAdvisors.com | Schedule a meeting with Lisa: https://calendly.com/lisariley #DeltaBusinessAdvisors… Read More »Average Daily Commute times increased approx. 10 minutes from 1980
The Federal employees have 10 paid holidays each year. As a private-sector employer, you may or may not provide these holidays off with pay, holidays off without pay, or holiday pay for working on a holiday. https://www.thebalancecareers.com/holidays-paid-holidays-and-holiday-pay-2060447 Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com or contact us @ 480-686-8062… Read More »Labor Day & Christmas, tied for 2nd Place in Companies offering Paid Holidays
“Nothing will work unless you do” – Maya Angelou Maya Angelou April 4, 1928 – May 28, 2014 was an American poet, memoirist, and civil rights activist. She published seven autobiographies, three books of essays, several books of poetry, and is credited with a list of plays, movies, and television shows… Read More »Monday Mojo MA
Two-thirds of the total respondents said they plan to work from remote during their next vacation (66%). Among those who said they have upcoming Labor Day travel plans, 74% said they would be working for at least part of their Labor Day vacation. HomeToGo’s 2020 Labor Day Traveler Survey was… Read More »2/3 American Travelers Plan Working during Vacation
Previous lows last reported in each sector: • <$500K: Q3 2014 at 22% • $500K-$1MM: Q3 2013 at 36%; Q1 2020 at 32% • $1MM-$2MM: Q1 2014 at 42% • $2MM-$5MM: Q2 2014 at 51% • $5MM-$50MM: Q3 2014 at 63%; Q1 2020 at 55% According to the IBBA and… Read More »Seller market sentiment at record lows
Seller-market sentiment dropped to record lows this quarter, falling well below levels seen during the last eight years. This is the first time in Market Pulse history, dating back to 2012, that seller-market sentiment dropped below 50% in the lower middle market. According to the IBBA and M&A Source 2020… Read More »Market Sentiment Drops to Record Low
Elliott Pollack reviews AZ economic policy history in his Monday Morning Quarterback report yesterday. Additionally, he provides the chart from Tax Foundation to show marginal Individual Income Tax Rates. Click for yesterday’s report: http://www.edpco.com/files/MMQ_08312020.pdf Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com or contact us @ 480-686-8062 | Lisa@DeltaBusinessAdvisors.com | Schedule a… Read More »Strong Economic Development Program: Critical to State’s Job Growth
Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com or contact us @ 480-686-8062 | Lisa@DeltaBusinessAdvisors.com | Schedule a meeting with Lisa: https://calendly.com/lisariley #DeltaBusinessAdvisors #MergersandAcquisitions #BusinessBrokers #MandAMarket #MondayMojo