As outlined in Statista: In 2001, Apple’s total revenue amounted to $5.36 billion but came with a loss of $25 million. For the fiscal year that ended September 26, 2020, Apple posted a net profit of $57.4 billion on revenue of $274.5 billion, meaning the company managed to maintain an… Read More »Apple’s Incredible Growth
According to Axios: Producer prices increased by more than expected in August, a reminder that inflation pressures continue to linger in the economy. Why it matters: Producer prices reflect what businesses pay for the materials that go into the goods they eventually sell to their customers. While businesses will make an… Read More »Producer Prices Are Still Moving Up At An Alarming Rate
“If you are committed to creating value and if you aren’t afraid of hard times; obstacles become utterly unimportant. A nuisance perhaps; but with no real power. The world respects creation; people will get out of your way.” Candice Carpenter, founder of iVillage.com As outlined on LinkedIn: Co-Founder and CEO… Read More »Monday Mojo – Candice Carpenter
On September 11, 2001, 19 militants associated with the Islamic extremist group al Qaeda hijacked four airplanes and carried out suicide attacks against targets in the United States. Two of the planes were flown into the twin towers of the World Trade Center in New York City, a third plane… Read More »We Will Never Forget 9-11-2001
Many business owners aren’t familiar with the principles of accounting. They need to understand their profit and loss statements and balance sheets so they can make good management decisions. They also need to understand their financials when dealing with banks, taxes and negotiating for the sale of their company. If… Read More »Tip #034 Business owners need to understand accounting!
According to Axios Markets: America saw the worst recession on record (albeit the shortest). But stay-at-home orders that limited what consumers could spend on paired with stimulus funds that went toward paying down debt helped lift the average credit score — a phenomenon that cut across all generations. Some may… Read More »Credit Scores Are Still Increasing
According to the Phoenix Business Journal: More than 653,000 Californians moved to another state in 2019, while about 480,000 people moved here from elsewhere in the country, according to data from the Census Bureau’s American Community Survey. (The 2020 numbers aren’t available, but analyses of other 2020 data sets have… Read More »Fleeing the Golden State
Sellers and Buyers of businesses tend to have different opinions on adjusted financials that add back discretionary bonuses. They can come to an agreement upon understanding the meaning and timing of bonuses. The most important question to answer is “Are the employees really receiving a ‘discretionary’ bonus?” If employees have… Read More »Bonuses: To Adjust or Not to Adjust
AZ estimated 6.6% jobless rate in July remains above pre-pandemic levels, but significantly LESS than the pandemic high of 14.2%. Unemployment rates may not be improving as quickly is partly due to the increased number of workers in the labor market, according to data from the Bureau of Labor Statistics… Read More »Arizona Labor Gains
As outlined on Statista: With roughly 2.89 billion monthly active users as of the second quarter of 2021, Facebook is the biggest social network worldwide. In the third quarter of 2012, the number of active Facebook users surpassed one billion, making it the first social network ever to do so.… Read More »Active Facebook users worldwide as of 2nd quarter 2021