John Leonetti, Esq., M.S. Finance, CM&A.A asked: Most business owners believe that an ‘external’ sale of their business is their only (or at least best) Exit Alternative. Typically this is because business owners know that their employees and/or fellow family members don’t have the type of money required to secure a successful exit plan for… Read More »
Stephen Bush asked: The success of business opportunity investment strategies will depend heavily on the quality of business financing which is arranged. Business finance strategies for business opportunity investing are more difficult than most borrowers realize, particularly if prospective business investors are primarily familiar with residential or commercial real estate investment property. Buying a business… Read More »
Lorren Repton asked: Think of business insurance as the copper solder that fuses a plumbing joint together; if the joint leaks, there can be major ramifications. The same holds true with business insurance; if you don’t have the coverage that a backflow prevention contractor business really needs – you’ll watch those profits flow right down… Read More »
Angela Baca asked: Small business financing provides the working capital that is needed not only for starting up, but also, for carrying on during the early years of any business. Financial backing, which can be found in a variety of areas, is accessible from small sums to large sums of money. This type of funding… Read More »
Bill Thomas asked: A business school in a box is definitely the quickest, easiest and most reliable way to learn how to start a home based business. If you want to access the very best small business knowledge center money can buy and successfully operate your home based small business, then you should avoid investing… Read More »
Bill Henthorn asked: There are two questions you should ask yourself before purchasing any business. Why do I want to buy a business and what kind of business would fit in with your personal experience. The “why” is in many cases more important than the “what” when answering these two questions? You need to know… Read More »
Art Taylor asked: If you are a small business owner then the best way to establish credit is by applying for a business credit card. By completing a business credit card application in the name of your business you are now building credit for the business and are more likely to receive favorable terms as… Read More »
Jose Vanegas asked: Defining a Business Manager. When an individual thinks of a Business Manager, their mind often leads to a man or woman that is in charge of a business. Often times, this case holds true, but with new technology other types of Business Managers are being used. Such a Business Manager is not… Read More »
Naithan Tarrant asked: Principle # 1 having a clear vision Many times when I ask business owners (and particularly new business owners) what they want to achieve with – where do they want to take – their business in the next 5 years, along with asking them what profit margins do they want to achieve… Read More »
Willard Michlin asked: Buying a business in today’s economic climate requires that you, the buyer, be on the ball, with regard to business basics. This economic climate, as far as businesses are concerned, is a sellers market. With the corporate downsizing, economic downturn and other factors, there are a lot of very knowledgeable buyers out… Read More »