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Sheryl Sandberg On The Pandemic’s Threat To Small Business And Facebook’s Latest Product | Forbes

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The coronavirus pandemic has continued to take a catastrophic toll on America’s small businesses. According to Facebook’s State of Small Business report, 31% of small businesses and 52% of personal businesses have stopped operating as a result of the crisis.

Now, the company is launching Facebook Shops, an ecommerce product that allows businesses to set up online “storefronts” on Facebook and Instagram. Businesses can customize their digital shops, using cover images to showcase their brands and catalogs to highlight their products. And just as customers can ask for help when shopping in physical stores, they can message business owners directly via WhatsApp, Messenger or Instagram Direct to ask questions, track deliveries and more.

Read the full profile on Forbes: https://www.forbes.com/sites/maneetahuja/2020/05/19/31-of-small-businesses-have-stopped-operating-amid-coronavirus-sheryl-sandberg-shares-how-facebooks-latest-product-aims-to-help/#47adf6082096

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Entrepreneur Christine Souffrant Ntim On Her No Excuses Approach To Her Work | Unfiltered | Forbes

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This week on Unfiltered, we spoke with Vendedy Founder Christine Souffrant Ntim about how she structures her days to most efficient, why young people should grow up to be themselves, and about her no excuses approach to her work.

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The Most Valuable Sports Teams 2011-2020 | Forbes

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Fans are stuck at home, seasons are at risk, and revenue is plummeting. Things might seem terrible for professional sports, but amazingly most of the world’s top franchises are worth more this year than last.

A decade ago, U.K. soccer club Manchester United was the most valuable team on earth in 2010 at $1.83 billion. That honor now belongs to the Dallas Cowboys, who top the Forbes ranking of the 50 Most Valuable Sports Teams for the fifth straight year, at $5.5 billion, edging out the $5 billion New York Yankees. For Cowboys owner Jerry Jones and New York’s Steinbrenner family, it may as well be paper profit. Only one team in the top 35—MLB’s Los Angeles Dodgers, in 2012—has changed hands in the past decade, which explains how the Mets, No. 41 at $2.4 billion, became one of the hottest tickets in sports.

“There is no lack of multi-billionaires that want to get into the sports business right now,” says Sal Galatioto, whose namesake investment firm has handled team transactions for the Chicago Cubs, the Golden State Warriors, the Philadelphia 76ers and other marquee sports properties. “People will pay a premium. They buy these teams not just on the numbers, but on the brand value.”

That value is dominated by the NFL, even after a ten-year run by the NBA lifted its average team value nearly sixfold, more than any other U.S. sports league. Football claims 27 spots on the ranking, a reflection not only of its massive stadium draws but also its TV appeal. Of the 100 top broadcasts in 2019, 88 were sporting events and 73 were NFL games. The NFL’s current U.S. TV rights are worth $6.5 billion on average per year, a number expected to nearly double in a new deal currently being hashed out, according to sports media consultant Lee Berke of LHB Sports. To help afford it, Fox even backed out of a 12-year deal to broadcast golf’s U.S. Open, with the savings expected to help bankroll a potential $2 billion-a-year NFL deal.

Read the full profile on Forbes: https://www.forbes.com/sites/kurtbadenhausen/2020/07/31/the-worlds-most-valuable-sports-teams-2020/#b77b4f3c7498

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How Fine Art Is Closing Deals On Multi-Million Dollar Homes | Forbes

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The luxury real estate game continues to evolve. It’s about more than just the house itself – it’s about selling a perceived lifestyle. To help buyers imagine themselves draped in heightened taste, realtors are turning to staging collections of fine art and sculptures, which has created a niche business opportunity for those closely connected to the art world.

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