Response to “Navigating the Technology Options”
We received a big response to our article in the January issue titled “Navigating the Technology Options.” Here is a sampling of them:BBP,I have tried tweeting, blogging, newspaper, letters, LinkedIn, Facebook, etc for the last 9 to 12 ...
Letters We Have Received - February 2010
The following is in response to “Buying a Business Should be Inconvenient” from the December 2009 issue of Business Broker Online Magazine.I’ve just received a copy of the BBP Online and read the above article. It forced me ...
Hot Business List
Published: Tuesday, October 28, 2008
Below you will find the current “hot” business list courtesy of data from Businesses For Sale (www.businessesforsale.com). We asked Businesses For Sale for a monthly ranking of business types based on the number of ...
The following was contributed by Ron Johnson, President of ABI Business Sales, Mergers & Acquisitions, San Ramon, CA. 1. How long have you been in business brokerage? 18 years 2. Were you a sales associate/agent prior ...
The Financial Climate for New Franchise Growth in 2010
Certain Information in this article was contributed by Coleen DeBiase from the WSJ. A major factor in the growth of franchising during 2010 will be the availability of investment capital for start-up franchisors and new franchises. The capability of ...
Certain Aspects of Franchising Never Change
Introducing a new franchise program after a 3 year hiatus proved to me that certain aspects of franchising never seem to change. It still takes from 100-150 raw leads to sell one new franchiseA number of franchise prospects that are impressive but ...
From Clyth MacLeod’s great newsletter issued by his firm for buyers and sellers. JAN/FEB 2010After a couple of relatively flat years for business sales we are hoping 2010 will be far better.There has already been increased activity in the ...
Contributed by a very successful business broker who is trying to find solutions.Here are the proactive prospecting methods we are currently using:Cold Calling business owners from an InfoUSA list – you just have to kiss many, many frogs to ...
A One-Minute Structuring And Tax Solution
Contributed by Monty Walker of Business Advisory ServicesFederal Capital Gain Tax Rates: Where are they headed? Since 2003, the top tax rate on most capital gains has been 15% for people in the 25% or higher tax bracket. Although a lower ...
SBA Update
Published: Thursday, February 25, 2010
SBA Stimulus II Provisions:Increase 7(a) loan limit from $2 million to $5 millionIncrease the 7(a) loan guaranty to a maximum of $4.5 million (90%)Increase the SBA 504 loan limit to $5.5 millionAllow the 504 loan program to refinance short-term ...
My long-time good friend Ed Pendarvis has just written a book along with some DVDs – all of the “Secrets of Buying the Right Business (for you) Right.” It is part of Ed’s new venture, The Business Buyers University. It is ...
Internet "Reviews" - Independent or Sponsored
New FTC rules - disclosure of sponsorships requiredOn-line "word of mouth" marketing is growing and people rely on "reviews" posted on the Internet in making buying decisions. It is important to know whether the ...
Businessmen Accused in Fraudulent Appraisal Scheme
A pair of Colorado businessmen are accused of persuading more than 700 businesses in this and other states to pay thousands of dollars for unnecessary net worth appraisals, Colorado Attorney General John Suthers' office said Friday. Businessmen ...
What is a Business Broker? And Just What Do They Do?
We get asked the above questions a lot. Over the years many have tried to answer them, including us. So, I am always intrigued by the answers. Following, you will find three articles that address one or both of these questions.The first article was ...
Another Way of Looking at Things
The following was contributed by Jack Crosby, Muradian Business Brokers, Hot Springs, AR.I am very proud of my getting an average of 97% of the asking prices and this has helped me to be able to pick and choose the assignments I accept. I am ...
Office Profile - "Trip" Holmes
The following was contributed by “Trip” Holmes, owner and president of Sabre Capital, Raleigh, North Carolina. 1. How long have you been in business brokerage? Since 1984 2. Were you a sales ...
Navigating the Technology Options
Recent leaps in technology have opened up a lot of new and unique marketing options. Are you tweeting? Are you linked in? Are you blogging? Should you be? We've listed a number of different technology tools below ...
Letters We Have Received - December 2009
LETTER TO US:I have a question about what the rules include. You try and clarify this on page vii where you say "….the rules…derive a price that includes goodwill, FF&E, and leasehold improvements less outstanding debt ...
Buying a Business Should be Inconvenient!
A couple issues back we wrote part one of what was to be a two-part series on dealing with buyers. Well, thanks to a recent encounter that got us thinking, we are adding this as part two of three. Don’t be surprised if it is a ...
Your Business Value; The Perfect Storm May Be Coming.
Paul is the Owner of VR Business Brokers/VR Mergers and Acquisitions and has been serving Colorado business owners for 18 years. www.companybroker.comThis article is written for business brokers and business owners who may consider selling ...
We have known Amanda Puppo for some time now and she has to be one of the country’s leading experts on telemarketing. In addition to owning her own successful telemarketing firm in New Jersey, she writes a telemarketing newsletter and is often ...
SBA Update 12.1.09 The stimulus part of the SBA 7-A loan program has run out of money. Delays in moving the new bill through Congress are partially a result of the focus on the health care issue. But, what that means for now is that 7-A loans ...
Business brokerage lost one of it’s major leaders last month with the death of Darrell Fouts. He was not only a successful business broker, but a pioneer in the growth of the International Business Broker’s Association (IBBA). He alone ...
Own a Business? Beware the Tax Man
The following article appeared on Bing on December 4, 2009. We have reprinted it here for business brokers to show some of their sellers and future sellers, and to take it to heart themselves. It never fails that when times are tough for small ...
The following article was written by Andy Cagnetta, CEO of Transworld Business Brokers based in Florida. Transworld has offices throughout central and southern Florida. This article has appeared in several publications including the IBBA Email ...