Tag: Equity

Bar Chart of All Patents Originated in All US and Foreign Countries from January 1992 to January 2019

The bar chart below shows U.S. Granted Patents: Total Patents Originating in all U.S. and Foreign Regions. Patent origin is determined by the residence of the first-named inventor. Total patents issued is the sum of utility, plant, design, and reissue patents granted.   The Siburg Company specializes in buy-side and sell-side mergers and acquisitions, and…
Read more

The Upside and Downside of Economic Transition Risk

There are businesses that do well and prosper during difficult economic time (recession, pandemic, legislative changes, inflation) while other businesses struggle or go out of business.   Businesses that experienced an economic upside during the pandemic were real estate, home furnishings, home improvement and technology companies.  People moved to the suburbs, set up home offices,…
Read more

Map of the Hourly Wage by State

As of January 1, 2020, the Federal minimum wage is $7.25 per hour.  There are numerous states that have set their minimum wages higher than the Federal minimum wage.  See the map below for your state’s minimum wage. An employer of tipped employees is only required to pay that employee $2.13 per hour in direct…
Read more

The “Feckless Business”

The “Feckless Business” is a business that is managed irresponsibly and lacks initiative.  Or another way of putting it, a business that has no budget or strategic plan and just exists day to day with ownership and management dealing with problems of their own making.   It is easy being a “Feckless Business” with no…
Read more

Willful Blindness

“Willful Blindness” in a business is the conscious act of avoiding the truth, which gives credence to the knowledge of an issue in question, but never resolving the issue. Willful blindness can be at any level of management or on any type of business issue that needs to be addressed and resolved. A business’s willful…
Read more

What Is The Path Forward Into 2021?

What is the path forward into 2021? A strategic plan will make the journey into 2021 easier.

Business Drift

“Business Drift” is a perpetual problem with any business, big or small, in any industry.  In the food and distillery industry it is called “Flavor Drift”.  In business, “Drift” is the act of slowly drifting away from the core business.  This can either be intentional or unintentional.   Businesses that avoid “Drift” are emphatic about…
Read more

Chart of Housing Starts and 30-Year Fixed Mortgage Rate from July 1974 to July 2020

Monetary policy affects interest rates, which affect mortgages, which affect decisions in the housing market. The red line in the graph is the average 30-year fixed-rate mortgage (right axis) from July 1974 to July 2020. The blue line in the graph is the ratio of housing starts built by contractors over housing starts built by…
Read more

Chart of Federal Reserve Total Assets Held from December 18, 2002 to September 2, 2020

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

Eight Essential Elements of an Exit Strategy for Business Owners

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