ANALYSIS | Pixr8 News

7 Reasons to Avoid When Selling a Business

7Oct By NitishNo Comments

ANALYSIS

7 Reasons to Avoid When Selling a Business

TAMPA, Fla., Oct. 6, 2020-- Edison Avenue has had enough of witnessing entrepreneurs giving away their net worth to private equity groups, family offices, and other sophisticated investors. The unspoken truth is that many former business owners don't talk about out of embarrassment that they fell into one of these costly traps. Invisible Ink: Frequently an LOI is not worth the paper it is written on. Often, far too many of the terms and conditions are left unaddressed or vague. Business owners often think they understand the price and terms of the LOI to purchase their business. After the buyer's team of accountants, attorneys, and other professionals comb through the business every flaw will be uncovered and used to reduce the price. The...

After Covid19 Warehouse Demand May Rise in Cities

10Aug By AdityaNo Comments

ANALYSIS

After Covid19 Warehouse Demand May Rise in Cities

The demand for small warehouses within city limits is expected to rise over the next one year as e-commerce firms are targeting to ensure same-day deliveries of food and grocery items to customers, according to a report. The demand is likely to be for warehousing of 5000-10,000 sq ft size, property consultant Colliers International said. “E-commerce companies are focussing on same-day delivery with the pandemic-influenced lockdowns placing greater dependency on e-commerce for food and grocery items,” the report said. The consultant said that e-commerce companies are now trying to stock a larger proportion of inventory closer to their customers’ locations for efficiency and to improve the quality of products upon delivery. “Over the next 12 months, we believe in-city warehouses ...

Logistics Trends for 2020 You Should Know About

20Jul By PriyankaNo Comments

ANALYSIS

Logistics Trends for 2020 You Should Know About

In any year, keeping up to date on the latest trends is vital for logistics business owners and operators. In 2020, though, when the world has been hit by a pandemic and shipping and other areas have been impacted, it’s even more important to keep your finger on the pulse. Market conditions and operational possibilities change all the time, but here are some of the key logistics trends for this year that you need to know about. New Marine Emissions Standards At the beginning of this year, the new maritime regulations for sulfur oxides (SOx) came into effect. Shipping and logistics firms now must cut their sulfur oxide emissions to achieve compliance with the International Maritime Organization’s (IMO) 2020 regulations. The rule is designed to curb pollution produced by the worl...

Top 4 Trends That Drive the Online Gaming Industry in India

8Jun By AdityaNo Comments

ANALYSIS

Top 4 Trends That Drive the Online Gaming Industry in India

The prevalence of online gaming in India is growing all the time, although the uptake has been slower than in some other countries as a result of infrastructural limitations that are only just being overcome. With that in mind, here is a look at the key trends that are shaping this segment at the moment, pinpointing the user habits and fashions that will continue to influence interactive entertainment going forwards. Mobile gaming is king As mentioned, India’s fixed line internet availability is lower than in many other countries, with just 17 million homes served. This means that the primary platform that people choose to play games on is mobile, since network connectivity for portable devices is cheaper to access and easier to roll out over large areas. The good news is t...

14May By PriyankaNo Comments

ANALYSIS

How Coronavirus Hit Jobs Globally

Since the pandemic hit, claims for unemployment benefits have soared in some countries notably the US and by far less in others, for example, Japan. According to the UN’s International Labour Organization, as job losses escalate, nearly half of the global workforce at risk of losing livelihoods. As a result of the economic crisis created by the pandemic, almost 1.6 billion informal economy workers (representing the most vulnerable in the labour market), out of a worldwide total of two billion and a global workforce of 3.3 billion, have suffered massive damage to their capacity to earn a living. This is due to lockdown measures and/or because they work in the hardest-hit sectors. The first month of the crisis is estimated to have resulted in a drop of 60 per cent in the income of i...

Impact of Lockdown on Dry Cleaning & Laundry Services

30Apr By PriyankaNo Comments

ANALYSIS

Impact of Lockdown on Dry Cleaning & Laundry Services

Dublin, 30th April 2020: A recent survey by ResearchAndMarkets.com said the impact of Covid-19 on Dry Cleaning & Laundry Services Market will be short term and demand for app-based Laundry Services will rise. The global dry-cleaning and laundry services market is expected to decline from $106.2 billion in 2019 to $104 billion in 2020 at a compound annual growth rate (CAGR) of -2.1%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $118.3 billion in 2023. Asia-Pacific was the largest region in the global dry-cleaning and laundry services market, accounting for 34% of the market in 2019. North America was the second l...

Companies Hit Pause Button as Coronavirus Infects Global Economy

18Mar By AdityaNo Comments

ANALYSIS

Companies Hit Pause Button as Coronavirus Infects Global Economy

Layoffs, cutting costs and halting dividends, companies are scrambling to adapt as the coronavirus emergency hits demand and the draconian measures taken to contain the spread of the illness undercut production and demand. With the economic impact of the coronavirus threatening the survival of many firms, governments have pledged tens of billions to help them limp along or failing that, to bankroll outright rescues or nationalization if necessary. Several industrial giants, in particular in the automobile industry, have reduced or even suspended production. Nissan suspended production at its Sunderland plant in northern England, the automaker's biggest plant in Europe, employing about 7,000 workers, and has closed plants in Spain and Indonesia as well. French automobile manufac...

60% of US Fortune 500 Firms have been Hacked in Cloud

26Sep By AdityaNo Comments

ANALYSIS

60% of US Fortune 500 Firms have been Hacked in Cloud

Hackers have penetrated cloud computing networks of some 60 percent of top US companies, with virtually all industry sectors hit, a security researchers said. Researchers at the enterprise security firm detected over 15 million unauthorized login attempts to cloud computing networks of US Fortune 500 firms in the first six months of 2019, of which 400,000 were successful. "While it only takes one compromised account to achieve wide-ranging effects in an organization, attempted unauthorized logins were pervasive across industries," researchers said in a blog post. In analyzing some 20 million user accounts in more than 1,000 cloud deployments, the study found 92 percent of the Fortune 500 companies surveyed were targeted by cyber attacks. It found 60 percent of the compani...

Study Says US CEOs Earn 278 Times More Than Their Workers

15Aug By AnkitaNo Comments

ANALYSIS

Study Says US CEOs Earn 278 Times More Than Their Workers

The top executives at large US companies are paid 278 times more than their company's workers and the gap continues to widen, according to a study. Average CEO compensation at the 350 largest US firms in 2018 was $17.2 million a year, including stock options, which generally account for two-thirds of their pay packages, according to a study by the Economic Policy Institute.The gap between CEO and workers has soared from 58-to-1 in 1989 and 20-to-1 in 1965, according to EPI, a nonpartisan think tank that focuses on issues facing low- and middle-income workers. From 1978 to 2018, CEO compensation has increased by more than 1,000 percent with increasingly rich stock awards while worker pay has risen just under 12 percent. "This escalation of CEO compensation, and of executive compens...

Loans are the Secret of Indians Lifestyle: Survey

8Aug By PriyankaNo Comments

ANALYSIS

Loans are the Secret of Indians Lifestyle: Survey

Around half of Indians surveyed are open to taking loans especially for fulfilling family needs and upgrading their lifestyle, a report said on Thursday. The survey commissioned by Home Credit India, a consumer finance provider, revealed that nearly one-third of respondents are willing to take a loan for a consumer durable item such as mobile phone, television, and refrigerator etc. The other popular loan categories are two-wheelers (23.3 percent) and personal expenses (20.3 percent), the survey said. This is followed by car purchase (12.5 percent), house (12 percent) and gold (10.5 percent), it said. When asked about the future, 33 percent of respondents are likely to take it for consumer durables while personal loans are the next high interest segment at 28 percent followed b...

Shopify Launched its First eCommerce Report

11Jun By AnkitaNo Comments

ANALYSIS

Shopify Launched its First eCommerce Report

Ottawa, Ontario, Canada: Shopify Inc, the leading multi-channel commerce platform released its first global State of Commerce report with insights on what's driving direct-to-consumer (DTC) commerce and buying behavior. Over the last year, the retail industry has experienced tremendous disruption, and within this changed retail landscape, customers and merchants have found new opportunities to buy and sell goods. “It’s our mission to make commerce better for everyone, and we developed this report to share global insights that can help merchants better understand the needs of their customers,” said Harley Finkelstein, Chief Operating Officer, Shopify. “At Shopify, we’re inspiring the next wave of independent business owners with the tools and insights they need to succeed. We'll cont...

15May By PriyankaNo Comments

ANALYSIS

2018 Venture Capital Story of India

India, once most loved nation by Venture Capitalist around 2014 is now slowly shifting their interest from Indian startups. The recent data shows that the Venture capital investments in the country declined marginally to USD 26.3 billion in 2018, even though there was a surge in number of deals. Investments by venture capital and private equity funds in the country declined in 2018 from USD 26.8 billion in the previous year, the report by consultancy firm Bain & Company said. However, the number of transactions surged to 793 in 2018 as compared to 700 in the year-ago period, it said. The 'dry-powder' (liquidity) available with investors focused on the country has declined to USD 11.1 billion at the end of 2018 from USD 11.7 billion in the year-ago period, but it is "more t...