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As small businesses prepare themselves for a year many have predicted to be more economically robust than 2010, finances will play a critical role in everything from investment to hiring.
However, small business owners Read the rest of this entry »
Archive for January, 2011
Small businesses should weigh their incorporation options in 2011
Monday, January 17th, 2011A couple of alternative financing methods
Friday, January 14th, 2011This week, Federal Reserve Chairman Ben Bernanke told a crowd at a Federal Deposit Insurance Corp forum in Arlington, Virginia, that he expects banks to acquire more capital in 2011 – a trend that will, in turn, improve lending to small businesses.
As the market improves, business owners should be prepared to sell in 2011
Thursday, January 13th, 2011It's a fact: business sales are on the rise. Although this sector of the economy was hit hard by the economic downturn and will likely remain below pre-recession levels for some time, owners interested in selling a business may want to begin considering strategies to do so in 2011.
A few notes on professional business brokers when selling a company
Wednesday, January 12th, 2011When the time comes, selling a business is really about a series of decisions.
How much is the business worth? How do you go about valuating the business? What type of organization might be interested in buying or at least investing in the company? How should one go about finding such prospects? (more…)
Take your level of respect up
Tuesday, January 11th, 2011First for yourself, then, for the many people around you
who may be on a short fuse due to life’s pressures.
Reread Marianne Williamson’s quote “Who are you not to be brilliant...”
Dig a bit deeper and reach a little higher in all of your encounters.
Release any negative energy, take a deep breath, and let it out.
Clean up your space – get rid of anything not used or not usable; make room for the new.
(2nd Law of Physics: Two things cannot occupy the same space at the same time.)
Review: Desiderata
The dual motivations of an entrepreneur and their relation to happiness
Tuesday, January 11th, 2011The original intentions of launching a business are often indicated by two basic motivations: to create a new and innovative product or service, and to build a company for the purpose of making a living or strong profits. Both have their ups and downs.
A few tips for selling a small tech company
Monday, January 10th, 2011Small tech firms stand to make a fortune selling their companies to large corporations such as Google, Microsoft or HP. Last year saw an explosion of tech acquisitions from the likes of these companies.
Google, for instance, claims to have made Read the rest of this entry »
2011 CVBBA President’s Letter
Friday, January 7th, 2011I am Bob Watson, your new Carolinas-Virginia Business Brokers Association President for 2011. CVBBA had a very successful 2010, and I would like to thank Gary Gunderson for his excellent leadership as 2010 President.
We should also thank a very active board of directors, as well as Judy Meinecke, our CVBBA administrative assistant. CVBBA ended 2010 with (84) broker members and affiliates; we had (80) total at the end of 2009. If you are aware of our industry’s recent trends, this statistic is impressive. (more…)
Competitors protesting New England energy merger
Thursday, January 6th, 2011Wholesale energy generators in New England are protesting the proposed merger between NU and NSTAR – the two largest energy providers in New England. On Wednesday, wholesalers filed an intervention in Massachusetts to review NU's planned $4.2 billion acquisition of NSTAR.
Dell lands significant security partner
Wednesday, January 5th, 2011On Tuesday, Dell announced the acquisition of SecureWorks, an 11-year-old, Atlanta, Georgia-based company that focuses on internet security, according to eWeek. The move was recognized as a two-pronged move by Dell as it seeks to increase its security networks for cloud computing while remaining in strong competition with Hewlett-Packard and IBM.