Non-Compete Period
Non-compete clauses restrict a seller’s ability to operate or engage in a competing business for a period of time after closing. Survey responses show that three to five years is the prevailing non-compete period.
General
Skyrocketing Logistics Expenses
As every large & small business has experience, shipping & fulfillment costs have increased exponentially…especially during the last 2 ‘COVID’ years. Amazon’s logistics costs have skyrocketed over the past decade, with shipping and fulfillment costs growing almost 40-fold between 2009 and 2021 (revenue growth: almost 20-fold). https://www.statista.com/chart/17207/amazon-shipping-and-fulfillment-costs/
Back To Work
As the labor numbers came in strong this past week, the following graph shows the percentage of people who are back in the labor force is rising. The percentage of people working or looking for jobs reached its largest point since before the pandemic, Nathan writes. And it turns out… Read More »Back To Work
Availability of Reviews
We all know reviews are important the availability of reviews affect purchase decisions as shown in this survey by Power Reviews The availability of recent reviews (or lack thereof) impacts purchase behavior.Just over a third (38%) will not purchase a product if the only reviews available were published three months… Read More »Availability of Reviews
The Importance of Reviews
We all know reviews are important, just look at what we do when we look at items on amazon or if we look for a new contractor we ask our friends and then start looking online for reviews. This survey by Power Reviews gives a great snapshot The Power of… Read More »The Importance of Reviews
Employers Vaccination Requirements
As outlined by Axios. The Biden administration’s COVID-19 vaccine-or-test mandate is history, but about half of U.S. employers are proceeding with one anyway, Nathan writes. By the numbers: Nearly a quarter of employers are already requiring vaccinations without a testing option despite the Supreme Court scrapping the Biden mandate, according… Read More »Employers Vaccination Requirements
More Money (‘Dry Powder’) Available for Purchasing Businesses
There is still loads of money available for businesses acquisitions and business investments. Last week we reported that 2021 was a record year for PE secondaries deals, but a new Evercore report suggests that the times will keep booming. There’s over $100 billion in dry powder dedicated to secondaries, with… Read More »More Money (‘Dry Powder’) Available for Purchasing Businesses
Business Value Increases When Perks Decrease
Some business owners take a number of perks from their business, from the ‘standards’ (e.g., auto expenses, memberships, and insurance plans) to ‘extras’ (e.g., entertainment, vacations, or an additional family members ‘working’). Perks are a way for owners to add further compensation for their hard work. However, they add complications… Read More »Business Value Increases When Perks Decrease
Black Immigrant Population
As we celebrate black history we focus todays DBA on number of Black immigrants in each state, as stated in this Axios article: The number of Black immigrants in the U.S. has soared 475% over the last 40 years, Axios’ Russell Contreras writes from a new Pew report. Why it… Read More »Black Immigrant Population
Tesla Turns a Real Profit This Year
Tesla had a stellar year and even if Elon indicates no new products this year, they will be bringing two new factories on line and increasing their efficiencies, not to mention releasing feature complete full self driving. With a net income attributable to shareholders of $2.3 billion this past quarter… Read More »Tesla Turns a Real Profit This Year