Don’t bet against America
I hope this message finds you all doing well and in good health. Over the last two years, the business landscape in America has undergone significant changes. There isn’t one industry out there that these events have not impacted. Every business in America struggles with finding good help, retaining the people they have, and just…Read More
A decade of growth in only eight weeks!
This is the crazy stat of the year! A recent Bank of America, U.S. Department of Commerce and Shawspring research study shows the tremendous impacts that COVID-19 placed on E-commerce growth. From March 1 until April 2020 we experienced a decade’s worth of growth in just eight weeks! The numbers have been holding steady even…Read More
Six tips to help you become an efficient Contractor!
We hope all of you are doing well and staying healthy. It’s been very busy the last few months as Buyers are swarming to take advantage of the Cares Act. What is so special about the Cares Act? The SBA will pick up the tab for your first 6 months of payments and interest on…Read More
Top 9 Exit Planning Mistakes
When is the best time to sell? –I’m often asked when is the best time to sell? While there is no right answer here I recommend selling between January-Late summer. I get a lot of calls in the summer months and one of the first questions I’m asked is can you sell before peak? Sometimes we…Read More
7 Reasons to Buy a package delivery Business
7 Reasons to Buy a package delivery business: E-commerce boom This past week JC Penny announced that it would be closing up to 140 stores across the nation due in part to Customers Buying more and more online. They are one of the many retailers that hasn’t been able to adopt to the changing world…Read More
Employee retention tips.
When you purchase a business, you will immediately begin to deal with the employees. The type and size of business will determine the number of employees needed. A profitable business will usually have long-term employees who will want to continue to work for you when you purchase the business. Remember, your customers think of your…Read More
Is it time to sell?
Is it time to sell? Selling your business is a major decision! You have devoted your time, money, and energy into building, running, and operating your business. It may well represent your life’s work. If you have already decided that now is the right time to sell, you want the very best professional guidance you…Read More
Texas Judge issues nationwide injunction against OT rule
A federal judge in Texas has issued a nationwide injunction blocking the Department of Labor’s rule requiring overtime pay for more than 4 million new workers. In a 20-page decision (see below), U.S. District Judge Amos L. Mazzant ruled that 21 states and more than 50 business groups that sued to block the rule stood…Read More
FedEx anticipates another record peak Holiday season.
FedEx anticipates another record peak holiday shipping season, with each of the four Mondays during the season expected to be among the busiest in our company’s history. The rapid growth of e-commerce has driven significant shifts in demand over the last several years, and we are confident we are prepared to deliver another successful holiday…Read More
2016 Buyer-Seller confidence index
Bizbuysell.com just released their 2016 Buyer Seller Confidence Index. This is a great read into the market. We are still seeing strong sales in the FedEx Ground market, with a 3 multiple for P&D routes, and a 3.5X multiple on line haul. If you, or someone you know has been thinking about selling tell them…Read More