We paying more for everything and prices are rising faster than they have past 30 years, as outline by Statista: Consumer prices in the United States continued to rise in October, as inflation hit a 31-year high. The Consumer Price Index for All Urban Consumers (CPI-U) was up 6.2 percent compared to… Read More »Inflation Hits 30 Year High
Oftentimes, sellers want to go to market with a very high price, hoping buyers will see what the seller perceives is a great value. Sellers figure that buyers will at least check it out. Unfortunately, there are many qualified buyers who won’t even look at a company if they think… Read More »Tip #036 Pricing a business too high can be a risky strategy!
With the recent supply chain crisis and inflation taking off, the prices of used vehicles is taking the analysist by surprise, as outlined by axios: Anyone who’s shopped for a car this year knows that new ones are hard to get and used ones have gotten way more expensive. And… Read More »Used Vehicle Prices Through The Roof
“To win in the marketplace, we believe you must first win in the workplace. I’m obsessed with keeping employee engagement front and center and keeping up energy around it.” Those words of Doug Conant, business leader and former CEO of Campbell Soup Company, are particularly true today. The talent market… Read More »Increasing Business Value – Retain Employees, Especially Now
The Danish shipping conglomerate Maersk is setting records and the year is not over yet. As outlined by Axios: Few have benefited from the tangled supply chain like Maersk, the globe’s biggest shipping company. The company operates 20% of the world’s shipping containers, per the BBC — rates for which… Read More »Danish Supply Chain Juggernaut Has A Great Year
Even with Inflation showings its head consumer spending is strong. According to Axios: Consumer optimism returned this month as cases of COVID-19 dropped. The consumer confidence index rose for the first time since June, the Conference Board reported today. At 113.8, October’s gauge was higher than what economists expected, signaling… Read More »Consumer Confidence Turns Positive in October
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 Q2 Market Pulse results. In this segment, we discuss Exit Planning. Music: Good Vibe by Ketsa #IBBA #MASOURCE #MarketPulse
Another sign of inflation. According to a survey out by Axios: Here’s a fresh snapshot of America’s small business recovery — in four charts — according to a closely watched survey out today. Never before have so many small businesses reported unfilled jobs. In response, a record share are planning… Read More »Small Business Positions, Sales and Prices
With Brexit behind us, how do other members feels? As outlined by Statista: Despite Polish Prime Minister Mateusz Morawiecki reassuring the public that Poland’s place “is and will be in the European family of nations” in a Facebook statement, the possibility of a “Polexit” has been propagated by opposition leaders.… Read More »EU Member Enthusiasm