Weekly Reports

OF NON-HOME-BASED U.S. BUSINESSES, 99.7% HAVE FEWER THAN 100 EMPLOYEES – roughly 23 million companies which employ over half the working population and generate over half the country’s sales. Up to 380,000 are projected to be sold in each of... Continue

SELLING OR BUYING A BUSINESS IS USUALLY MORE ART THAN SCIENCE. Sellers predominantly aspire to ‘price’ – a number conceptualized from what something/somewhere sold for, or a broker put in their mind, a ‘valuation’ from some appraiser or accountant, imaginative... Continue

NEW GUIDELINES FOR INDEPENDENT CONTRACTOR STATUS ARE TROUBLE FOR EMPLOYERS. Effective last week, pursuant to an ‘Administrative Interpretation,’ the Dep’t of Labor formally adopted an ‘economic realities’ test – under which “most workers are employees,” based on six determinative factors:... Continue

UPDATE ON MILLENNIALS: “Empowered by a world connected by technology, the tasks of millennials have been digitized, dematerialized, demonetized, democratized…and they know how to leverage the tools at their disposal to do things more effectively… Accordingly, they crave flexibility and... Continue

TAKE CAUTION WITH MILLENNIAL RESUMES – WHICH HAVE A GOOD CHANCE OF BEING SKEWED since Gen Yers “guard their professional and personal images online, covering up anything bad that’s ever happened… While notorious for oversharing, their resumes are carefully curated... Continue