Black Friday online sales top $9 billion in new record!

Consumers spent a record $9.12 billion online shopping during Black Friday this year, according to Adobe, which tracks sales on retailers’ websites. Overall online sales for the day after Thanksgiving were up 2.3% year over year, and electronics were a major contributor, as online sales surged 221% over an average day in October, Adobe said.…

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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…

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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…

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New OT laws go into effect December 1st, 2016

When new laws go into effect there are usually a lot of questions from the small business community.  New OT regulations are going into effect on December 1, 2016.  We have put together this blog to help you get the facts. Fact Sheet #19: The Motor Carrier Exemption under the Fair Labor Standards Act (FLSA)…

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E-Commerce forces shift in warehouse building.

The rise of online shopping is forcing warehouse builders to redraw the map of logistics hubs on the East Coast. During the weekend, FedEx Ground, one of the largest transporters of parcels and other shipments, broke ground for its largest facility in the country, an 800,000-square-foot automated distribution center in Allen Township, Pa., adding a…

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