A few months ago, we posted a blog about selling yourself to business buyers – Tips for Business Buyers: Sell Yourself – from Nick Rodites of Bankers Advocate. Today, I will be sharing some ways to sell yourself to the … Continue reading
“When you buy a company, you are not buying a building or the employees but you are really buying the customers.” Planning of acquiring business? There are a couple of things you definitely need to know before you sign that … Continue reading
Kevin Ready, a serial entrepreneur, consultant, and author of the book Startup: An Insider’s Guide to Launching and Running a Business shared on Forbes.com some tips to have a successful start-up: It can be a lonely world out there. During … Continue reading
In today’s entrepreneurship, you are either succeeding or failing. Your business might be the next Apple, or it will be a dud. Being an Educated, Experienced, Creative Professional (EECP) is not enough to survive a start-up. While there is a … Continue reading
“Here is a timely blog from our own Nick Rodites” Chris Tips for Buyers: Sell Yourself A mentor once told me, “People do business with people they like.” For Buyers in the M&A arena, this is an important insight to … Continue reading
“This blog is from my good friend Patrick D. Heyn, CPA at Weinberg Company, PA who has 20+ years of due diligence experience” Chris Curtin When conducting due diligence for M&A, it is important to rely on both historical information … Continue reading
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Interest in Angel Investing from both investors and the entrepreneurs who need the money is at an all time high. Many of the participants from both camps are relative neophytes at the process. Here is a list of common pitfalls … Continue reading
“It is critical that young people are exposed to Entrepreneurship and basic finances. Pass this on to any budding Entrepreneurs” CC SBA News Advisory PRESS OFFICE ************** SBA Offers Free Youthpreneur Webinar Series To Promote Entrepreneurship and Financial Literacy — … Continue reading
In my talks with business owners and their advisors throughout 2009 and early 2010, I see one common theme – Survive. Business Owners who back in 2007 planned to fund their retirement by selling their business in 2009 were hit … Continue reading
“Note: This article is from the Orlando Business Journal – by Kent Hoover Washington Bureau Chief, but it is being reported in numerous publications. The SBA 7-A program is the key lending product to buying/selling a business worth less than $4 … Continue reading
You can utilizing a Versatile Entrepreneur Retirement Savings Account Plan (VERSA). The VERSA Plan structure allows you to rollover your 401(k), or other qualified plan, into the equity of a new or existing business without the burden of taxes or … Continue reading
“Note: Since this was written, the prime has dropped to 4% and furthur rate cuts are possible.-Chris” One item not receiving a great deal of attention through the financial crisis is the fed’s action causing the prime interest rate to … Continue reading
SBA backed loans are down 31% in South Florida. The new SBA SOP (standard operating procedures) have made the rules more onerous for Entering clients and prospects. A constant refrain we hear from banks is we would have done this … Continue reading
Later this week on June 19th in Ft Myers and June 20th in Ft Lauderdale, I am participating in two Planning Your Exit from Business Ownership Seminars. BB&T, Ruden McClosky and Richard Hall CPA are my gracious sponsors. Whether you want to Exit … Continue reading
I get asked by potential Exiting Clients how the tighter lending environment is affecting the market for their company. I see a couple of things happening in the market place: Deals are still getting done- Fairly priced companies under $10 million … Continue reading
Everyone wants to help their children succeed. Many believe the best path for them is the same path they chose-Entrepreneurship. Before you help your children buy or start a business let’s look at some caveats: Can you afford it? The … Continue reading
Provable & Timely Books & Records Reasonable Price backed up by an Appraisal Satisfactory Borrowing Leverage & Terms Sufficient Free Cash Flow FF&E (Current FMV, Not Overstated) Good Appearance & Lack of Environmental Issues A Scalable Platform that can be … Continue reading