The chart shows producer price index (PPI) data that measure price changes. Percent changes in prices from a year ago are shown for both stand-alone hotels (the gold bar) and hotels attached to casinos (the red bar). Prices began dropping for hotels in February 2020 and the price reductions continue to persist, but hotels attached…
Read more
We have all attended a meeting, whether it be an Executive Staff meeting or an important business meeting, where you have sat in the chair for hours and leave the meeting feeling like it was a colossal waste of your time. What makes you leave those types of meetings feeling as if you would…
Read more
The total assets held by the Federal Reserve include Treasury securities, Mortgage Backed Securities, and Repurchase agreements, in addition to other assets. As of September 2, 2020, the Federal Reserve had total assets of $7,017,492 (in millions of dollars) and as of September 4, 2019, the Federal Reserve had total assets of $3,761,508 (in millions…
Read more
A Strategic Plan is about communicating financial and operational objectives by taking numbers and converting them to words. The reason for Strategic Planning is to implement a plan of action that will make the business’s Vision/Strategic Plan a reality. Strategic Planning is the actual process of implementing a Strategic Plan that has set obtainable and…
Read more
Personal saving is equal to personal income less personal outlays and personal taxes; or can be viewed as the portion of personal income that is used either to provide funds to capital markets or to invest in real assets such as residences. Personal saving as a percentage of disposable personal income (DPI), frequently referred to…
Read more
In the past six months, businesses have been making numerous short-term decisions that can have long term operational benefits. The key is to evaluate and operationalize these short-term decisions to provide long term benefits to the business operations. The fact is that almost all businesses during the past six months have been forced to do…
Read more
As states and cities across the U.S. started locking down during the COVID-19 response retail alcohol sales spiked. It appears that alcohol consumption shifted from bars and restaurants to drinking at home.
By Daniel R. Siburg, CPA, CVA and Stephen E. Koons, CPA/ABV/CFF, ASA All business owners will need to transition their businesses to new owners at some point in time. The new owners could be business partners or family members, and transactions range from management buy-outs to outright sales of the businesses on the open market.…
Read more
This chart shows household debt and corporate debt as a percentage of GDP. Households take on debt for various reasons, such as, purchasing a house, buying a car and paying for education. Corporations take on debt for various reasons too, such as, capital improvement, stock buy backs and to build up seasonal inventory. Household debt…
Read more
Recently, I have been having conversations with clients on how they need to get back in touch with what is going on with and in their business. Below is a simple methodology on how to get back in touch. Sign all the checks the business issues! Yes, it is that simple. Sign the business’s checks…
Read more
Recent Comments