Chief Economist Scott Brown discusses current economic conditions. Definitions and Determinations: The National Bureau of Economic Research (NBER) defines a recession as “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.” […]
Based on an article in the Business Brokerage Press: General Business Brokerage, Pricing & Valuation by Kathleen Mauro edited by Steve Whitehill Business brokers are generally very diligent in working with sellers and their CPAs or financial advisors to ensure they understand what the Seller will likely net from a potential […]
From: BizBuySell A total of 2,454 small businesses were reported sold in the third quarter of 2019, an 8.6% decline compared to the same period last year according to the BizBuySell Insight Report, a nationally recognized economic indicator that aggregates statistics from business-for-sale transactions reported by participating business brokers nationwide. This […]
By Alina Niculita – Morones Analytics Jul 12, 2019 While most people understand real estate appraisal, the same cannot be said about business appraisal or business valuation. Real estate appraisal makes sense because it puts a price on houses and commercial properties, which are tangible assets and can be easily accepted as […]
Finding the money to start your own small business can be a challenge. Over the decades, countless people have turned to the Small Business Administration (SBA) for help. A recent Inc. Magazine article, “Kickstart Your Business Dreams with SBA Lending,” by BizBuySell President, Bob House, explored how SBA lending can be […]
Here’s a quick review of the most popular ways businesses get financed: Savings The first and most obvious option is to look at your (non-retirement) savings. If you have mutual funds and other liquid investments, you can liquidate (taxes will be incurred) and apply towards your franchise. Many people feel more secure investing in […]
Normally our are post relate directly to Buying, Selling or improving your business. In this case I found this tidbit on cnet.com compelling and I had to pass on. Steve Whitehill You don’t need a charged phone with a data or Wi-Fi connection to send a text message — Gmail can […]
Ever wondered why two seemingly similar companies sell at significantly different multiples? What are buyers considering in ostensibly comparable companies that cause sale price differences? Let’s discuss five key secrets of market multiples: 1. Revenue/Earnings Growth Potential Buyers are willing to pay more for companies with high growth potential than companies […]
Appraising Your Business in 60 Minutes! By Glen Cooper, Business Broker / Business Coach – www.ColoradoBusinessBrokers.co There is a simple method for appraising most businesses. Key ter1ns are important to understand. Major exceptions must be noted. A short-cut method is useful because it can give you a general idea of what a business might […]
People decide to invest in a franchise for a variety of reasons: they want to be their own boss; they’re looking to embark on a new career path; they’re hoping for more financial independence. The reasons are many and the allure of owning your own business is strong. As long as […]