Premium Archives - SHOPPE BLACK

Published on September 8, 2022September 10, 2022

4 mins read

4 Reasons Why Mobile Home Parks are Recession-Resistant Investments

Mobile home parks (MHPs) are frequently associated with a variety of unfavorable perceptions and the idea that they are unattractive places to live. Many people do not realize that some of the richest people in the world have been investing in MHPs for years. One reason is that this asset class can produce exceptional returns even in the worst economic circumstances. Here are five reasons why mobile home park investments are recession- and inflation-resistant. 1. Mobile home parks are the most affordable housing. During a recession, it is natural for individuals to seek out the most affordable ways to live.

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Published on September 6, 2022September 6, 2022

4 mins read

Why The Car Wash Industry Is Becoming Increasingly Attractive To Investors

Up until about three years ago, the car wash industry wasn't particularly appealing to investors. Private equity firms owned approximately 1% of the nation's 65,000 total car washes and 2% of the nation's roughly 17,000 conveyor-style car washes as of June 2019, according to data from one of the industry's specialized brokerages, New York-based Car Wash Advisory LLC. In the next five years, some industry advisers expect that to change. “We’re nearing the basket tipping point, but there is still a ton of runway to go,” BlackArch Partners LP managing director John Conklin said. “If I think about car wash

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Published on August 26, 2022August 26, 2022

4 mins read

Sextech: The $37 Billion Sexual Wellness & Education Industry That No One is Talking About

The sex technology or sextech industry has grown rapidly in recent years, with a lot more growth predicted in coming years. According to Statista, the sexual wellness market was valued at $26 billion in 2017 and is forecasted to reach about $37.2 billion by 2023. The sextech market does not gain as much attention as other tech sectors such as fintech, robotics, AI, etc. This is most likely due to the taboo and stigma attached to the term. Let’s find out how the sextech industry is revolutionizing sexual and wellness education and experience. What Is Sextech? Wikipedia describes sextech as

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Published on August 21, 2022August 21, 2022

3 mins read

6 Ways Digital Consumer Behavior is Changing in 2022

A digital consumer may be defined as someone using technology to look for and purchase products and services on the internet. Digital consumer behavior is anything that a person does online. As the needs of these consumers evolve, brands are trying to meet the growing expectations. This article explores the six consumer behavior trends expected to reshape commerce the most in the year ahead. 1. Sustainability Globally, 60% of consumers consider sustainability an important purchase criterion. This figure in the US is slightly higher than the global average, at 61%. Consumers are looking for environmentally friendly alternatives when purchasing, increasing

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Published on August 13, 2022August 18, 2022

6 mins read

How to Capitalize on the Skilled Trade Shortage

Skilled trades have become an excellent alternative to regular degree jobs. However, the skilled trades industry is proving to be one of the hardest hit by worker scarcity. As labor markets strive to rebound from the impacts of the pandemic, a talent shortage of historical scale has catalyzed. 75% of companies have reported talent shortages and difficulty hiring – a 16-year high. The skilled trade shortage is a major concern with employers struggling to recruit, train and retain qualified workers within several industries including manufacturing and construction. A 2018 report found that skilled trade positions such as mechanics, electricians, welders,

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Published on August 8, 2022August 8, 2022

3 mins read

Top 5 AI Robotics Trends in 2022

We live in a time where technology is moving faster than we could have imagined. One such popular breakthrough has been artificial intelligence. The AI Robotics market is expected to grow from USD 6.9 billion in 2021 to USD 35.3 billion by 2026. As technology has advanced, more and more technological developments have been implemented in this field. A lot of efforts are being put into making artificial intelligence robots safe, friendly, and efficient, from increasing functionalities to improving security. Keep reading to learn more about the trends in AI Robotics in 2022. 1. AI-Powered Robotics and RPA RPA improves

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Published on August 2, 2022

4 mins read

5 Global Trends Affecting the Fashion Industry

Fashion trends continue to evolve and change daily. A major key to being successful in the fashion industry is to identify these trends and act on them before your competitors. However, many fashion companies find it difficult to do this since they may not have a good understanding of the global trends affecting their industry. The revenue of the global apparel market for 2021 was estimated to be around 1.5 trillion USD, and it was expected to rise to about 2 trillion by 2026. The industry is quickly moving towards growth while these trends are still evolving. If you want

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Published on December 1, 2015July 21, 2022

1 min read

Nigerian Billionaire, Tony Elumelu announces the 2nd Round of his $100m Entrepreneurship Programme

Last year, Tony Elumelu, a philanthropist and one of Africa's most successful businessmen, announced the creation of the Tony Elumelu Entrepreneurship Programme (TEEP) for emerging African entrepreneurs. The goal of the program is to help up to 10,000 African entrepreneurs develop their ideas into sustainable businesses. In 2015, TEEP empowered 1,000 African entrepreneurs, selected from over 20,000 applicants, with start-up investment, active mentoring, business training, an entrepreneurship boot camp and regional networking across Africa. The foundation invested a total of $4,860,000, including $1,405,000 in agriculture; $410,000 in education and training; and $365,000 in manufacturing. The program funded start-ups across