The number of small businesses reporting that 90% or more of their customers had returned increased over 50% month over month. While those in the worst shape in May (with less than 25% of their customers returning), saw a 47% improvement in June. https://www.alignable.com/forum/road-to-recovery-report-july-2020 Learn more about Delta Business Advisors… Read More »Customers Returning!
Due to ongoing concerns over the coronavirus, virtual meetings will continue to replace many of the in-person meetings typically held between the buyer and seller. Think about how you can best present your business in a virtual environment and increase your team’s comfort level with remote meetings. When choosing an… Read More »M&A in a Virtual Environment
Alignable’s July Report presents May and June business owner responses. …compared to 40% in May. https://www.alignable.com/forum/road-to-recovery-report-july-2020 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 #BusinessBrokers #MandAMarket #DailyBusinessAcument
Alignable’s July Report presents May and June business owner responses. Operating Revenues as a percentage of Pre-COVID-19 levels improved during June, but almost 50% of business owners across North America remain at levels 50% or below where they were before the crisis. Approximately 20% of owners were at more than… Read More »~50% of Business Owners @ 50% or Less of Pre-Covid-19 Revenues
MEET DAVID – “I’m often identified by my description of a relaxed balance of perspective and control, known as ‘mind like water.’ This is not an empty mind; it’s a mind that is operating at a more productive and creative level. GTD® helps you achieve and maintain that optimal condition,… Read More »Motivation Monday
Alignable’s “May Hiring Poll (10,174 responses) and June Hiring Poll (6,003 responses) highlight a significant increase in re-hiring in June and an anticipated slowdown for July. In May, businesses with employees reported 65% of employees back on the payroll. This number increased to 77% in June. Interestingly, when asked in… Read More »Small Business Owners Plan to Hire Employees
“… consumer confidence and relative sales have sprung back to life over the past two months. New data on retail sales shows that the rebound is still going into the month of June, although at a slower pace than in May.” https://www.statista.com/chart/22301/retail-sales-united-states/ Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com or… Read More »Retail Sales Continue to Rebound
“…China was the biggest economy in the world in 2019, with an adjusted GDP of more than $22.5 trillion, according to the World Bank. While the Chinese economy is projected by the International Monetary Fund to grow by a low 1.2 percent in 2020 due to the coronavirus pandemic, the… Read More »Biggest World Economies – Growth Outlook.
On one of our virtual Happy Hours, a business owner shared how her children remember the Great Recession. However, now they’re seeing economic upheaval again and are missing out on graduations, summer job opportunities, and even full-time employment. In good times and lean, money issues have always weighed heavily on… Read More »Is COVID-19 the Ultimate Cure for One-More-Year-itis?
Bloomberg data suggests banks are getting ready. Statista presents “top banks like Wells Fargo, Bank of America, Citigroup and JPMorgan Chase have continued to increase available provisions for loan losses for the second quarter of 2020 – continuing a trend from the first quarter of drastic increases in loan-loss provisions. JPMorgan… Read More »Banks Plan for Bad Quarter….