Current forecast from The Wedding Report based on June 2021 survey of 2229 consumers and 283 businesses: 2021 – 1.93 million weddings with an average spend of $22.5k2022 – 2.47 million weddings with an average spend of $24.3k 2023 – 2.24 million weddings with an average spend of $24.9k From: https://wedding.report/index.cfm/action/blog/view/post/pid/1606/title/2021_Covid_19_Wedding_Market_Update
“It is impossible to live without failing at something, unless you live so cautiously that you might as well not have lived at all, in which case, you fail by default.” – JK Rowling, author Joanne Rowling born 31 July 1965), better known by her pen name J. K. Rowling, is a… Read More »Monday Mojo – JK Rawlins
With spending up and debt down it can only mean that consumers are paying off their outstanding debt. Credit card balances reflect a combination of revolving debt, which are the balances the consumers carry from billing period to billing period, and transactions, which are consumer purchases that get paid off… Read More »Aggregate Balances of all Credit Cards in the U.S.
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 what the multiples of SDE (Sellers Discretionary Earnings) were in Q1. Music: Good Vibe by Ketsa #IBBA #MASOURCE #MarketPulse
This measure comes from dividing the civilian noninstitutionalized population who are employed by the total noninstitutionalized population and multiplying by 100. This follows the national trend pretty closely.
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 time it takes to move from hiring a good advisor to close. Music: Good Vibe by Ketsa #IBBA #MASOURCE #MarketPulse
The Local Area Unemployment Statistics (LAUS) program is a federal-state cooperative effort in which monthly estimates of total employment and unemployment are prepared for over 7,500. We continue to see a steady influx as people are relocating the state.
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 amount of cash at close and how it stacked up this year compared to last year. Music: Good Vibe… Read More »2021-06-24-06 How Much Cash Do Business Owners Receive at Sale?
Spanx founder Sara Blakely and her husband Jesse Itzler were asked, “What is the biggest characteristic that contributes to future success?” Ponder for a moment … how do you answer this? Are you coming up with some of the standard answers I’ve heard: Intelligence? Strategic thinking? Vision or subject matter… Read More »Grit = Success
Job openings are at an all-time record high of 9.2 million.