From the category archives: Certified Business Brokers News

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Houston Small Business Owners Confident In Current Economic Climate

Administaff Announces Results of Business Survey and Compensation Data HOUSTON--(BUSINESS WIRE)Nearly 86% of small business owners say their companies are either growing as predicted or at a faster pace than forecasted, according to a Business Confidence Survey released May 8, 2007 by Administaff, with Headquarters located in Houston and a leading provider of human resources services for small and medium-sized businesses.Most of the companies – 81% – said they were positive about business conditions for the remainder of 2007, with 46% saying they plan to hire more new employees this year than they added in 2006. To fill positions, 52% said they are hiring full-time employees, while 16% said they planned to hire part-time workers.Administaff also released compensation data compiled from its client base of more than 5,700 small and medium-sized businesses throughout the country. A comparison of first-quarter data against the same period in 2006 shows that average compensation is up 6.6%.“It’s clear from the sur ...

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Boomers vs. Gen Y Business Owners -- Survey by Amex

We report on economic conditions and other issues that affect the Small Business Community and its future outlook. This survey is important because it is essentially an interview with the generations that hold, in their hands, the future impact of small business on our economy. The outlook is encouraging. Let's preface the Survey with why Small Business is so important to our economy. Small Businesses make up 97% of America's exporters and produce 26% of all export value. (Fred Smith, FedEx Corp. CEO May 2006) Small Businesses employ 50 percent of the country's private sector workforce (U.S. SBA June 2006) Small Businesses have generated 60 to 80% of net new jobs annually over the last decade (U.S. SBA June 2006) The estimated 25.8 million Small Businesses in the United States represent 99.7% of all employer firms. (U.S. SBA June 2006) In a Head-to-Head Match-Up Generations Agree Experience Gives Boomers the Advantage in Business; Gen Y More Passionate but Baby Boom ...

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Immigrant Entrepreneurs Spark Houston's Economy

I recently posted a press release article citing the increased number of acquisition inquiries that business brokers in Houston are experiencing from business owners in foreign countries. It seems that Houston is not alone. The Center for an Urban Future, a New York City-based think tank, in a press release February 6, 2007, revealed a major new study indicating that immigrant entrepreneurs have become increasingly powerful economic engines for cities. The report, titled "A World of Opportunity: Understanding & Tapping the Economic Potential of Immigrant Entrepreneurs,” documents that immigrant entrepreneurs are starting a greater share of new businesses than native-born residents. The study takes an in-depth look at immigrant-owned businesses in New York City, Los Angeles, Houston and Boston. Based on 18 months of research, this study is built upon extensive data analysis, focus groups conducted with immigrant business owners and economic development experts, and interviews with business owne ...

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Beneficial Entrepreneurial Immigration on the Rise in Houston

HOUSTON, TX (PRWEB) February 7, 2007 - As the prospects of political turmoil and economic instability develop in Latin America, Houston business brokers see increased inquiries about buying a business. Business Brokers in Houston, Texas, are noticing an increase in activity as some countries in Latin America experience political turmoil with leftist governments taking Office. The number of inquiries from various countries has increased substantially as nationalization measures are announced in Venezuela and other leftist Governments in the region. “Up to last year, the number of foreign nationals that contacted our office, other than the traditional investor, was composed primarily of people that were interested in making an acquisition or purchasing a business in order to move to the United States primarily for personal security or medical reasons. Recently though, people want to leave because of political and economic instability. The number of inquiries has consistently been growing as ...

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Houston Growth in International Trade and Logistics

Former Chairman of SCORE® Houston, a Nonprofit Organization, Takes Mission to Private Sector -- the Small Business Marketplace HOUSTON, TX -- (MARKET WIRE) -- February 21, 2007 -- After serving three years as Chair and Vice Chair of Houston Chapter of SCORE®, Thomas Pence, an expert in global trade and logistics, shifts back into the small business marketplace to take part in Houston's dynamic growth in international trade and distribution by joining Certified Business Brokers, the largest business brokerage firm in Houston. Increased international trade is spurring development of industrial properties in the Port of Houston areas to support operations of warehousing, containerization, and distribution hubs. In addition, many logistics and distribution companies are either relocating to Houston or are expanding their operations into the Houston market. The recently opened Bayport Terminal is recognized as the most state-of-the-art container terminal in the US and will triple Houston's existing ...

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