Happy Halloween from Delta Business Advisors
With the historic third-quarter growth, the United States in a single quarter has now recovered two-thirds of the economic output lost due to the pandemic during the first half of the year (Figure 1). In the recovery from the 2008-09 recession, it took 4 times as long to regain the… Read More »Level of Real GDP 10-29-2020, historic third-quarter growth
Americans predict they will spend an average $805 on Christmas gifts this year, significantly below their estimate a year ago ($942) and the lowest October holiday spending projection Gallup has measured since 2016. The sharp decline in Americans’ spending intentions since 2019 points to weak holiday sales for retailers. Source:… Read More »$805 – Average Amount $ Estimated for Christmas Spending
The more your business revolves around you, the more risk buyers see. To increase business value, build a strong management team. Work yourself out of the day-to-day business by developing an experienced, empowered management team. The less the business is dependent on you and your knowledge or relationships, the less… Read More »Work Yourself Out of a Job
BizBuySell’s 3rd quarter 2020 Insight Report found business sales remain strong in Phoenix. A new Dept. of Defense study found low risk of coronavirus infection in modern airplane cabins. Source: BizBuySell Learn more about Delta Business Advisors at: https://DeltaBusinessAdvisors.com or contact us @ 480-686-8062 | Lisa@DeltaBusinessAdvisors.com | Schedule a meeting with Lisa: https://calendly.com/lisariley #DeltaBusinessAdvisors #MergersandAcquisitions… Read More »Top 10 Markets Where Small Businesses are Getting Sold!
BizBuySell’s 3rd quarter 2020 Insight Report found that although Q3 transactions dropped 16%, the financials of businesses that sold exhibited solid growth. The median revenue of sold businesses grew 14.2% from $554,763 to $633,494, while the median cash flow increased 8.1% from $125,000 to $135,119. Source: BizBuySell Learn more about Delta… Read More »Small Businesses Still Selling
“If you’re not [learning], you’re falling behind. Somebody else is getting better as you’re becoming less valuable. I see so many irrelevant salespeople I want to cry. They stopped learning.” Jill Konrath Jill Konrath is a sales strategist, speaker and the author of the sales books Selling to Big Companies… Read More »Monday Mojo: If you’re not [learning], you’re falling behind.
BizBuySell’s 3rd quarter 2020 Insight Report found that in April, transactions showed a 51% year over year decline, shrinking the deficit to 21% in July, and then just 5% fewer deals in September. Source: BizBuySell Learn more about Delta Business Advisors at: https://DeltaBusinessAdvisors.com or contact us @ 480-686-8062 | Lisa@DeltaBusinessAdvisors.com | Schedule a… Read More »Small Businesses Getting Closed
On Tuesday morning, the U.S. Department of Justice filed a lawsuit against Google for “unlawfully maintaining a monopoly in general search services and search advertising in violation of the U.S. antitrust laws.” The suit, which the DOJ describes as “a monumental case for the Department of Justice and, more importantly,… Read More »Google Search Share
We are super excited to have been involved in the sale of Gasoline Alley.