The Wall Street Journal: When a man in a Cartier watch stepped into the IWC Schaffhausen boutique in Beverly Hills recently, salesman Hua Huynh sprang into action. He led the customer to a case of Aquatimers, the Swiss brand’s line of self-winding dive watches. “What’s the damage?” asked the customer, pointing at one model. “The […]
Sell A $35,000 Watch In A Recession? Read More »
More small and mid-sized California businesses for sale found buyers last month than in any September over the past five years. The 1,232 deals closed in the just-completed month represent an increase of nearly 23% compared to the tally of 1,004 transactions during September 2011, according to the BizBen Index which collects and reports data
September Small Biz Sales Up Read More »
Washington Post: The conventional wisdom holds that we shouldn’t expect too many tech miracles from the iPhone 5. The latest iteration of Apple’s popular smartphone will mainly just be an incremental upgrade over previous versions. Ho-hum. But what about an economic miracle? In a new research note, JP Morgan’s Michael Feroli estimates that iPhone 5
iPhone 5 to Save the Economy? Read More »
Bloomberg: How can we tell how small businesses are feeling? Find out how many vans they’re buying. Van sales were up 32 percent in July over last year, a greater increase than nearly every other vehicle type (exception: sports cars), according to data from Bloomberg Industries. “Van sales offer an insight into corporate economic sentiment,
Small Biz Van Sales Up, So Is The Economy Read More »
Franchising Help: Few people realize how critical franchising is to our economy, but as the infographic below illustrates, some of the most celebrated brands in the U.S. today were launched during times of deep recession, and franchised businesses as a whole continue to serve as a model workhorse for productivity and wealth creation in our
Franchising and the Economy Read More »
More than 7 million light trucks were sold in September, which was the highest monthly sales count for trucks in 3 and-one-half years going all the way back to March of 2008 (see chart above). September truck sales were up by 9.5% compared to August and up by 20.3% compared to last September. Why are
Truck Sales Up: Economy is Rebounding? Read More »
Duane Zobrist writing for Fast Company: The struggling economy has turned up the volume of the voice inside the heads of potential business owners that says, “What do I have to lose?” The excuse of job security given by employees as the reason they never started a business has been disproved by the current recession.
The Bad Economy is Creating More Entrepreneurs Read More »
A few years ago, Denis Place and his two partners left their jobs at Suss MicroTec to launch their own business. Today, Suss MicroTec no longer exists but their company, SemiProbe, is alive and well, reports USA Today. “In terms of employees, over the next five years, our expectation is to be at 60 to
Innovation Key In Poor Economy Read More »
When the economy beings to sag, restaurants are one of the first to feel the strain. According to The Dayton Beach News-Journal, one restaurant is facing financial troubles if business doesn’t pick back up. The restaurant in its first four years had built a formidable following, attracting tourists, snowbirds and local workers. But the last
Tough Times For Restaurants Read More »
So you have survived the recession, but can you survive another wave? Portfolio looks at the possibility that the rise in the economy is short lived, and we may fall back into a second recession before completely recovering from the first. How can you know whether what’s coming is a wave or a dip? Thiruvadanthai
Surviving A Double Dip Recession Read More »
