German economy in free fall? Some of possible causes

Looking forward to the future of business

Bankruptcies are on the rise at Germany, hitting mostly small and medium sized firms (10 employees or less

Some possible casues:

1.  High energy costs

2.  High labor costs $100,000 wage average for German workers

3.  Stiff competition from Chinese in automotive sector

4.   Low innovation rate and more

The once mighty engine of European economy is facing significant challenges which impacts European economy and probably rest of the world.      

Why are 99cents stores closing? Walgreen, Walmart, and 711?

Looking forward to the future of business

Whats causing this?

1.  Post pandemic blues;

2.  Decreased purchasing power of consumers due to inflation?

3.  High shoplifting losses vs very thin margins;

4.  What Amazon has wrought?

5.  Higher minimum wages legislation

We used to own a retail establishment.  We could not stand competition with a Sy owned retail store.

 There are many players now:   operating in high rent environment, tight competition, and reduced purchasing power too of consumers.

Are there other things that owners, business managers can do to avert closure....

Are the politicians who increased the cost responsible?  What is better -  higher wages or no wages?

Is this limited to California only or Dems run state

Who are the players now?

1.  Family mart,

2.  Uncle John

3.  Dali

4.  Save more

5.  .Alfa Mart

6.  7 -11

  

Flipping or wheeling dealing may be the best business deal?

Ateneo Professor on Entrepreneurship


Rizal Philippines
July 19, 2019

Many businesses are flipping.  Trading.  Buy low sell high and sometimes they do not look good.  There may be no real value added to this

Who are the flippers:

1. Stock brokers, real estate brokers

2.  Other traders

3.  Investment brokers

4. Ordinary John and Jane.

Flipping simply means you buy a property cheap from an auction or forfeiture and  you remodel fix it, repackage this put ribbons and wrappers and resell this at a hgher price.

Many prefer this because it can be quick there is little commitment on the product, servicing cost,  and therefore it means high ROI, especially if there is low DP or upfront paymentt required.  OPM can be practiced to the hilt here.