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Chris Curtin talks about Distressed Company Seminar | May 26, 2011

— Fri, May 20, 2011

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Angel Investing: A look from Both Perspectives…

— Wed, June 30, 2010

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 →

SBA delays limit on goodwill financing

— Mon, March 02, 2009

“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 →

SBA Urges Lenders to Offer Loan Deferement Relief

— Mon, October 20, 2008

Note: “I found today’s press release from the SBA very interesting.” Chris WASHINGTON – In response to the financial crisis, the U.S. Small Business Administration today announced it is strongly encouraging its participating 7(a) lenders and Certified Development companies to work with … Continue reading →

How to Tap into your 401k or IRA to buy a Business using a VERSA

— Thu, October 16, 2008

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 →

Banks Tightening Credit brings Business Exiting Preparation Front and Center

— Fri, July 11, 2008

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 →

Why Didn’t My Business Sell? Part Two…

— Tue, April 29, 2008

Here are seven more reasons that your business did not sell or sold at a steep discount: 6. Bad Location or Lease: A great franchise in lousy location makes for a failing business. Also, too high a rent as a percentage … Continue reading →

How is the Credit Crunch affecting Smaller M&A Deals?

— Tue, April 22, 2008

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 →

Selling to Family Members or Employees? Ask Question #1

— Tue, April 15, 2008

If you are contemplating selling to the next generation or to key employees as part of an Exit Strategy, Question #1 is: Do you need money from the sale to fund your retirement? If you retirement needs are already met, you can … Continue reading →

What Prospective Business Buyers look for:

— Mon, April 14, 2008

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 →

Keys to a Great Business

— Fri, April 11, 2008

Great businesses have two things in common: Culture and Cash FlowCulture: Those of you who fly, compare SouthWest Airlines to the non discount airlines. At SouthWest, the pilots help the attendants clean the cabin after a flight lands. No one … Continue reading →