News

Cyber Monday breaks records.

Cyber Monday sales were on pace to hit $6.59 billion by the end of the day, Adobe Insights revealed Monday evening. That projection, made by the firm at 10 p.m. ET, would represent an increase of 16.8 percent when compared with the same time last year, Adobe found. The firm measures 80 percent of online…

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Online spending up 18% from last year.

Even as some shoppers kept to tradition and headed off to the malls in person this Black Friday, spending remained brisk online. Shoppers have spent $640 million online Friday as of 10 a.m. ET, up 18.4 percent from last year, according to Adobe Analytics. Adobe tracks 80 percent of online transactions at the top 100…

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Tesla's push into the semi truck market.

Tesla has unveiled its all-electric semi truck, aptly dubbed the ‘Tesla Semi,’ as promised, and the resulting Class 8 transport vehicle is indeed a sight to behold. It boasts a considerable charge capacity, and has a very aesthetically distinct look, as you can see, which will obviously help it stand out from other commercial freight…

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Due diligence process.

How to do a Due Diligence for FedEx routes     Many Buyers often ask me how to do a due diligence.  The due diligence is typically a 30 day or less window where the Buyer takes reasonable steps in order to satisfy a legal requirement, especially in buying or selling of a business. It’s…

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Delivery Wars: Is Amazon a Threat to FedEx, UPS?

How much impact could Amazon.com’s (AMZN) new delivery service have on United Parcel Services (UPS) and FedEx (FDX)? That is the question swirling about after new broke yesterday that the e-commerce giant is testing a delivery service called Seller Flex that picks up packages from third-party sellers on Amazon’s web site and delivers them to…

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The number one concern on Buyers mind.

The number 1 concern on Buyers mind is the ISP transition and how to navigate the transition. For those of us in the know, the latest news that you have to have 100% overlapping is not news at all. They have been warning everyone for quiet sometime about this requirement. In the long run, this…

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4 Mistakes to avoid when preparing to Sell.

Deciding to sell your company is a big decision and you want to do everything you can to get the best deal possible. You don’t want to make any hasty decisions. The most successful sellers are very organized and meticulous in their pre-sale preparation. As you prepare to sell your business, put your best foot…

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5 Tips for Buyers

When you are making an offer on a business, don’t be surprised to find that there are other bidders.  In many of our business sales, we are receiving multiple offers.  This is a common occurrence in sales of larger businesses by investment bankers and the buyers are familiar with how to handle the situation.  Many…

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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…

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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…

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