Higher Orders, Inventories Producer prices for aircraft engine and engine parts manufacturers rose 5% in September 2024 compared to a year ago, according to the Bureau of Labor Statistics (BLS). Employment for the industry grew 4% in
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Every business owner will eventually face the decision to sell their business. This significant transition requires careful planning and expert guidance to navigate the potential obstacles. Selling a business can be complex and time-consuming, particularly for those
In December, advertising firm Omnicom announced it would acquire rival Interpublic Group in an all-stock deal that will create the world’s largest advertising company. The two firms had a combined 2023 revenue of $25.6 billion. Omnicom said
Lion Business Advisors is pleased to bring to the market a unique opportunity to acquire a long-established premier swimming pool construction and renovation company, which is now available for acquisition. This Texas-based business has been serving clients
Entrepreneurs are typically dynamic and driven individuals who play a critical role in driving innovation. However, to succeed, they must leverage their strengths while being mindful of their weaknesses. By understanding both, entrepreneurs can maximize their potential
Many businesses have a product or service that’s performing reasonably well, perhaps even thriving, but doesn’t quite align with the company’s core offerings. It’s often called an “orphaned” product—a good or service that is disconnected from the
If your business interacts with customers, it’s inevitable that at some point, you will receive customer complaints or negative feedback. The key to turning these situations into opportunities is how you handle them. Ignoring or dismissing customer
