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August 2023
LETTER FROM THE PUBLISHER
Publisher
Debra Anthony It’s heat wave time in Houston with no relief in sight!
Managing Editor I am so ready for cooler temps! In your work/life balance, find the time to enjoy
David Young our featured stories at work, during your travels, or down time at home.
Associate Editor
Mandy Perret HOUSTON INDUSTRIAL MARKET
Designer Houston Industrial Market, Q2
Tanya Bäck 12 Despite a second-quarter slowdown, the industrial market in
the Greater Houston MSA remains active and healthy, with 3.9
million square feet of net absorption and a construction pipeline
of more than 29.5 million square feet.
Phone
832-766-1546 TEXAS MARKET
Website Texas Shows Signs of Slowing; Price Pressures
nbizmag.com 08 Easae Despite Buoyant Services
Businesses reported in the recent Texas Business Outlook
Corporate Address
PO Box 6352 Survey (TBOS) results that they are concerned about
softening demand and higher labor costs. Overall, price
Katy, TX pressures continued to ease, though price growth for services and the pace of wage
77491-6352
increases remained high. Economic expansion in Texas is expected to continue
through year-end but likely at a slower pace than in the first half of 2023.
NBIZ Magazine is published BUSINESS
six times per year. All articles What is a QofE and Which Buisiness Owners
and advertising represent the 16 Need One?
opinions of the authors and A frequent question we hear from business owners contemplating
advertisers and not necessarily a sale of their company is “What is a Quality of Earnings (QofE)
study?” Owners are asking because it has become increasingly
the opinion of the publisher. common that potential sellers are advised to get a QofE study as
The information contained part of their preparations.
herein has not been verified
for accuracy, and its inclu-
sion should not be construed The Gap Between Knowing and Doing
as the publisher’s endorse- 04 Remember knowing is about knowledge and skills. Doing is about
ment of the products, ser- attitudes and habits. If your organization or you are not where
vices, or articles presented. you want it, ask yourself this question: If my
organization or myself is not where I want
No part of NBIZ Magazine it to be, is this failure due to my knowledge
and NBIZ Website’s content and skills or is the failure due to my
may be reproduced in any attitude or habits? From my experience and
form without written permis- observations, the answer over 90% of the time
sion from the publisher. is due to a failure of attitudes and/or habits.
Success!
Debra Anthony, Publisher
debra@nbizmag.com
www.nbizmag.com
NBIZ ■ August 2023 3
