The Best Business Decisions I’ve Ever Made for My Small Business

Running a Business

Alexander Huls (Published by the The Hartford)   Every small business has major turning points: Moments where one or two key decisions were made that set the business on a path to success. But when you’re just starting out, it can be hard to determine which choices will make or break […]

Economic Brief – A Field Guide to Recessions (updated 10.22.19)

Businessman pointing at tablet computer held by his business partner

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.” […]

CAN YOU AFFORD TO SELL YOUR BUSINESS?

Retirement take money

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 […]

Small Business Sales Slow Slightly as Tariffs, 2020 Election Foster Uncertainty

Selling a Business

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 […]

Myths and truths about business valuation

Most people are surprised to learn that a business can have different values based on the purpose of valuation.

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 […]

Business Buyers Can Leverage SBA Lending

Signing on the Dotted Line

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 […]

Show me the money!! 6 Ways to Finance Your Business.

Fancaning is Knowing where to and who to ask for the money

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 […]

Secrets of Market Multiples in Valuation

Frequently-Asked-Questions-Franchise

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 […]