Due to multiple requests, On the Money, Framework Legal & Delta Business Advisors will be providing PPP updates for the next few weeks – 30 minutes on Thursdays @ 1:30pm AZ (pacific). These updates will focus on what’s new during the past week. Register in advance for this meeting: https://zoom.us/meeting/register/tJYlde-pqz8rHdHWiRdUDSHevLRH5JqwoXF7… Read More »PPP Forgiveness Update
As of 5pm EDT, Friday, May 29, the PPP had approved over 4.4M loans for more than $510B. FYI…On May 21, we provided a 30-minute update on PPP. On May 22, the regulations changed with the Treasury Department’s new “Interim Final Rules”. Thursday, June 4, another update will be provided.… Read More »Cumulative PPP Data
Closings of companies nonessential physical locations is losing favorability among consumers. In fact, “expression of favorability toward companies that do this has dropped most significantly, more than any other corporate activity, down 11 percentage points since the end of March [while] unfavorability toward companies doing this has risen by 7… Read More »How to Lose Customers as COVID Remains
As discussed Monday, levity is positive, a new trend ’new normal’ may be appearing as “net purchase likelihood among U.S. adults toward companies whose ads show people social distancing, wearing face masks and even participating in video calls has increased in recent weeks.” Source: https://morningconsult.com/2020/05/14/brands-consumer-coronavirus-mood-analysis/?mkt_tok=eyJpIjoiWmpjNVpERXhaV0k1TlRBMyIsInQiOiJ1TzVlblliM05MZ000amxOR3VWNk9UTWxBK3dqWHljeTRSa3BMa256dGlBemRTallrRlI1UTNLZlBKM0tqVXRBNksxVWZvWmtTbko5cU94MGhTcEhFT1QyN3N0XC9rS1RDcVkxRU9KQTVTNGlXNktmdGdBTEV0NlU5XC9rV3lCXC93elJ5alBoM0wwKzRVQWVMQ3hKbURWMlE9PSJ9 #DeltaBusinessAdvisors #MergersandAcquisitions #BusinessBrokers #MandAMarket #DailyBusinessAcumen
Business advisors are digging in right now, trying to figure out how COVID-19 will affect their clients. We’ve been talking with business owners, active buyers, and other advisors around the country. Right now, we know that some M&A deals are getting delayed over routine process points. Certain bank approvals that… Read More »In Pandemic, Not Panic
Morning Consult’s research in March found that acknowledging the moment, appropriate communication and comforting messages had strong potential to increase consumer loyalty in the long-term. The longer this ‘crisis’ continues, they are finding that the emphatically empathetic messages to consumers during “these uncertain times” may have run their course. Source: https://morningconsult.com/2020/05/14/brands-consumer-coronavirus-mood-analysis/?mkt_tok=eyJpIjoiWmpjNVpERXhaV0k1TlRBMyIsInQiOiJ1TzVlblliM05MZ000amxOR3VWNk9UTWxBK3dqWHljeTRSa3BMa256dGlBemRTallrRlI1UTNLZlBKM0tqVXRBNksxVWZvWmtTbko5cU94MGhTcEhFT1QyN3N0XC9rS1RDcVkxRU9KQTVTNGlXNktmdGdBTEV0NlU5XC9rV3lCXC93elJ5alBoM0wwKzRVQWVMQ3hKbURWMlE9PSJ9 … Read More »Which Ad Types have Minimal Impact on Customer Purchase Likelihood?
This week, we are talking about your consumers. Morning Consult has been following ads to consumers. Consumers are seeking a return to normalcy, or the appearance thereof. Those seeing the greatest likelihood in net purchase are those focused on products and services as well as those focusing on humor. Consumers… Read More »What Types of Ads are Working for Consumers, NOW?
Majority of small businesses and middle-market companies both expect to apply or are unsure if they will apply for additional credit in the next 12 months. Over 3/4 (78%) of small businesses expected to apply or weren’t sure if they would apply for credit in Q2 2020,compared to only 55%… Read More »Majority of Companies Expect to Apply For More Credit in 2020
70% of middle-market companies expect to have modest or dramatic growth in the next 5 years compared to the 82% in 2018 who expected growth from 2015-2020. Interestingly, 5% this year plan to reduce size in the next 5 years. This Live Oak Business Pulse report contains data from surveys conducted… Read More »Middle Market Companies Growth Expectations 2012-2020 Trend