How much is your business worth? Just like the housing market, businesses are regularly bought and sold. While each sale is different, there are just as many reasons why owners decide to sell their businesses, as there are reasons why buyers decide to buy a business. The big question is, how do you know how… Continue Reading
What would happen without credit card debt?
Let’s face it; we live in a credit world. Credit cards aren’t just convenient—they actually create spending power that is then used to buy goods and services. In fact, about two-thirds of the U.S. economy is based on consumer spending and all totaled Americans have some $2.2 trillion (and counting) of outstanding consumer debt…. Continue Reading
Robots and Artificial Intelligence and your business future
Meet George Jetson—yes, we all remember that guy. The down to earth father of the space-age family with a dog named Astro, Rosie the Robot with artificial intelligence, and drove the super cool flying saucer-like car that folded into a briefcase when he arrived to work. George worked for Spacely’s Sprockets where he had… Continue Reading
Current eCommerce trends in consumer buying
Are retail storefronts going the way of the dinosaur? The quick answer is—probably not in this century—but there is no doubt that the way consumers shop is changing, and eCommerce is the way of the future. On March 17, 2017, the Commerce Department reported that online retail has been soaring—14.8 percent in Q1 year over… Continue Reading
Business confidence numbers are up in the second quarter of 2017
On June 14th, the UNLV Lee Business School’s Center for Business & Economic Research (CBER) released the 2017 Midyear Economic Outlook report. Director Stephen M. Miller, during a presentation at the Palms Casino Resort, gave an overview of the report that indexes business confidence and economic factors such as tourism, construction, and employment in… Continue Reading