Employees. Customers. Finding them. Keeping them. It’s on everyone’s mind right now. For the company or person who buys your business, it just may be their top two concerns. According to M&A advisors in the Q3 2021 IBBA and M&A Source Market Pulse Report survey, buyers seeking an acquisition were primarily looking… Read More »Buyer’s Focus: Your Customers & Employees
As we are going through one of the worst labor crisis in decades business owners are working hard to attract employees. As outlined in this Case poll: Stories of burnout abound, whether it’s restaurant owners who’ve had to double as nightshift dishwashers or older employees opting for early retirement. As… Read More »Building better workplaces to attract and retain people
According to a survey conducted in November of 2021 by Chase for Business of 1000 business owners with annual revenues spanning from $100,000 to $20 million across key industries. They feel good about 2022 a sharp increase from 2021 and 2020. Business leaders have noticed the major economic concerns that… Read More »Business Owners Feel Optimistic About 2022 According To Chase
Axios expects the labor shortage to continue. The shortage of workers in the U.S. has become a flywheel of doom, messing up our lives and society writ large. And many of the underlying problems that led to this breakdown are bigger than the pandemic, Axios’ Emily Peck writes. Millions of… Read More »More 55+ Don’t Want a Job
With the money running out the economy is trending downward unless we can get people to work and spending again. As outlined by Axios: By the numbers: The 2021 holiday shopping season grew 14.1% from 2020 to a new record high of $886.7 billion, according to the National Retail Federation.… Read More »Personal Savings vs. Advanced Retail Sales
Opportunity is still alive, entrepreneurs can make millions on TikTok, as outlined in this Axios article: Hope writes: Charli D’Amelio is bringing home more than some top CEOs, per the WSJ. Why it matters: TikTok — now more popular than Google — has propelled creators like D’Amelio, 17, into a… Read More »TikTok Pays the Bills
As outlined in this article in the Phoenix Business Journal, Inflation in the Phoenix metro area is almost 3% higher than the rest of the country. The consumer price index rose 7.0% in the U.S. in 2021, the highest 12-month increase since 1982, and the cost of living grew even… Read More »Inflation of Common Goods in Phoenix Metro
I still find this to be relatively large. As explained by Axios: What’s happening: The percentage of young adults — or “boomerang kids” — who live with their parents is back to pre-pandemic levels, according to a recent report from the Federal Reserve Bank of Cleveland, Nathan writes. By the… Read More »Young Adults Living at Home Back to Pre Pandemic Levels
The latest data from the Market Pulse survey reflects the growing premiums business owners get as the size of their company increases. Multiples typically increase as businesses get larger. And these businesses are more likely to draw buyer interest from the widest geographic radius. EBITDA Multiples are used for larger… Read More »Median EBITDA Multiples Increase With Company Size
Looks like Toyota took the number one spot in US auto sales, surprised by how weak Nissan has become. As outlined by Axios: GM and Ford may be making progress on electric vehicles, but Toyota became the best-selling automaker in the U.S. in 2021, usurping GM for the first time… Read More »GM is Decrowned, Vehicle Sales By Year