Real gross domestic product (GDP) increased at an annual rate of 6.5 percent in the second quarter of 2021, reflecting the continued economic recovery, reopening of establishments, and continued government response related to the COVID-19 pandemic. In the second quarter, government assistance payments in the form of loans to businesses… Read More »Real GDP: Percentage Change Over Last Quarter
A huge THANK YOU to Ron West for having Scott Bushkie and I on the Business Brokerage Press to provide a quarterly Industry Update using the 2021 Q1 Market Pulse results. In this segment, we discuss the difference between market price and what percentage of the asking price was paid. Music: Good Vibe by… Read More »2021-06-24-04 Did Business Owners Receive Expected Purchase Price in Q1 2021
Streaming accounts for 27% of TV viewership. Where Netflix is still the big dog.
A huge THANK YOU to Ron West for having Scott Bushkie and I on the Business Brokerage Press to provide a quarterly Industry Update using the 2021 Q1 Market Pulse results. In this segment, we discuss the type of buyer who bought businesses in Q1 and the differences from prior years. Music: Good Vibe by Ketsa #IBBA… Read More »2021-06-24-03 Type of Buyers Who Purchased Businesses in Q1 2021
Having talked with 100s of buyers and potential business buyers at all levels, there are 3 issues that we hear consistently: “I’m looking for a business with a minimum cash flow of X….” or some variety of that statement. X is the amount that the business provides the buyer after… Read More »Thinking of Selling Your Business: What Buyers Want!
About 1.8 million out-of-work Americans have turned down jobs because of the generosity of unemployment insurance benefits, according to Morning Consult poll results.
In fiscal year 2019, just before the pandemic, the TSA collected a whopping $926,030.44 in loose change across U.S. airports. A year later, when air travel declined drastically due to the pandemic, the sum was $517,978.74. Given that the initial figure is more representative of a standard air travel year, which… Read More »New Source of TSA Funding
Arizonans know there are amazing places to explore, communities to visit and memories to be made right in their own backyard. And last year proved it. Despite the COVID-19 pandemic, the Grand Canyon State still welcomed 32.1 million total overnight visitors who spent $15 billion here in 2020. Arizonans and… Read More »Arizona Tourism
A huge THANK YOU to Ron West for having Scott Bushkie and I on the Business Brokerage Press to provide a quarterly Industry Update using the 2021 Q1 Market Pulse results. In this segment, we discuss the stronger business owner seller market in Q1 2021 compared to Q1 2020 by purchase price for sold businesses. Music: Good Vibe by Ketsa … Read More »2021-06-24-02 Is it a Buyer’s or Seller’s Business Market Q1 2021 compared to Q1 2020
According to the NBER’s conventions for chronicling economic cycles, a recession begins in the first month following a peak in economic activity and ends in the month of the subsequent trough. In this case, that means the COVID-19 recession only lasted for two months, making it the shortest on record.