For most entrepreneurs, finding the money to launch their first business stands as a tremendous challenge. The good news is that getting a loan through the Small Business Association (SBA) is turning out to be a viable option for many…
There can be no doubt that the quality of your employees will directly impact the quality of your business and its long-term value. Employee quality and the success of your business are intrinsically linked. Unfortunately, far too many entrepreneurs learn…
Last week, we had a couple come by our office who were looking at buying their first business. After an introduction to a summary profile document on several businesses, there were a couple that caught their attention. I suggested that…
In the day-to-day routine of running your business, it is easy to forget that eventually the day will come when you need to sell. The last thing that any business owner wishes to discover is that they are ready to…
The Liberty Group of Nevada announced Kelly Brandon has been named administrative assistant for the firm. In her new role, Brandon will be responsible for providing administrative support to the brokerage firm team in various areas including marketing, lead generation,…
Are you a first-time business buyer? If so, it is critical that you work with a business broker or M&A advisor. If you’ve never purchased a business before, you simply can’t anticipate all that is involved in buying a business. …
Two of the largest groups of buyers who are purchasing businesses in the Truckee Meadows are investors and career changers. Because of the recent volatility of the stock market and corporate corruption, many investors have realized that as a business…
In different phases of life, whether in a transitional phase or nearing retirement, it is important for business owners to keep their options open and be prepared, should their circumstances change. Preparing your business to sell can be an arduous…
Deciding how the purchase of a business should be structured is no small task. If you are planning to help finance the sale of your business, you’ll want to tackle this issue very early in the sale process. When it…
According Michael Gerber, Author of E-Myth, many small businesses are started by technicians and craftsmen that have an entrepreneurial spasm and start their own business. Over time and with success small business owners are pulled away from their craft…
You’ll often hear business brokers and M&A advisors say that the right time to prepare for your exit is when you first launch. By that they mean that it’s important to always be thinking about how to optimize your business…
If you’re selling a business for the first time, you might have a preconceived notion of the type of buyer that’s most likely to purchase your business. However, the truth is that sellers often get competitive and attractive offers from…