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 […]
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 […]
Job and Population Growth Bode Well for Small Business in Houston as its Economy Expands A revised report issued on March 8, 2007 by the Texas Workforce Commission (TWC), says Houston’s job growth rate was a full percentage point higher than the initial estimate released seven weeks ago. Houston’s 4.2 percent job growth during 2006 is well above […]
Whether you are buying or selling a business, your accountant can make or break the deal. If you choose to engage advisors, such as a CPA, to assist you in the sale or purchase of a business, it is important that they be deal friendly and transaction experienced. They must have a clear understanding […]
When it comes time to sell your business, knowing how to enhance its value and planning ahead are key to doing it on your terms. Selling a business can be complicated and very time consuming. Since the average business sale transaction takes anywhere from four to 12 months, business owners need to be in the right […]
The likely team of experts will consist of a business broker, an attorney, and an accountant. Once an owner has decided to sell the business, he or she needs to determine who will handle the process. Utilizing professionals to facilitate the process is key to successfully selling the business within the shortest time frame for the […]
Do you buy the stock of the company or the assets? This is a very important decision. If a business is set up as a corporation, the owner may want to sell you the shares of the business. This is called a stock sale. Sellers like this type of deal because their profits get taxed […]
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 […]
When buying a business, both emotion and due diligence are elemental and essential. Here are 10 key matters to consider when you find that magical business for which you’ve been searching. It covers important points that are sometimes overlooked when your head is in the clouds during the emotional excitement of a deal. 1) Know that […]
Ayn Rand’s John Galt could not have built a better machine than Houston’s sturdy economic engine of today. In her epic novel, “Atlas Shrugged,” published 50 years ago, manufacturing and transportation were Rand’s focal points in the plot to stop the engine of the world. She understood the importance of business growth, entrepreneurialism, and free […]
The International Business Brokers Association is having its 45th Semi-Annual Conference this week, June 3 through June 9, at the Memphis Cook Convention Center in Memphis, Tennessee. The International Business Brokers Association® (IBBA®) is the largest international non-profit association operating exclusively for the benefit of people and firms engaged in the various aspects of business […]
Investment groups and baby boomer corporate executives looking to get into action with companies of their own are making small businesses hot prospects these days. Buyers have money to spend and are turning more frequently to the local landscaping company or delivery company as good investments. There’s no question that Houston-area small businesses are becoming more frequent […]
Building a business is like running a marathon, not a 40-yard dash. It requires hard work, a well-conditioned work ethic, a high pain threshold, and taking measured steps one mile at a time. But remember to save some kick for the final stretch to the ultimate goal…….the exit. If you want top dollar for your business, you […]
Watch out, Florida! Texas has emerged as the No. 2 retirement mecca in the country. The Lone Star State has vaulted over Arizona and California and is gaining on the Sunshine State. The North Carolina Center for Creative Retirement, which is nationally known for tracking retirement migration trends, studied 2005 data from the U.S. Census Bureau on […]
There are many factors that determine right-timing for selling your small business. The financial condition of the company, valuation, growth cycle, profit history, and the current market. But there is one single thing about timing that comes into play that makes all other factors make little difference….it is the business owner’s emotional readiness to sell. […]
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 […]
ed to the suburbs, employees then feel comfortable moving another half-hour beyond that into the exurban periphery. As long as employers stay in the core, sprawl has practical limits if employees want to maintain a reasonable commute. The second key factor is maximizing the number of people and jobs inside the opportunity zone. People have […]
July 8th, 2007 by Stefan Töpfer While most people believe that most small businesses and home businesses fail, this is not true. The Small Business Administration or SBA reports that at least two thirds of new businesses survive the first two years. While 44% are able to complete their fourth anniversary. A survey by Murphy […]
Should you be the architect of a new business and start from scratch, buy a new franchise, or buy an established existing business? Every year, thousands of people consider going into business for themselves and these are the three routes to get there. Each course has advantages and disadvantages that one should consider. Starting your […]
One of the most time consuming tasks performed by business brokers in the process of selling a business is filtering through the mass of inquiries and databases of registered buyers to find qualified prospects. So, why does it take such a considerable amount of time in the qualifying process? Some people may think the quantity […]
The Wall Street Journal had a quite long and comprehensive op-ed a couple of days agao titled “The Realignment of America” on demographic shifts since 2000. While getting the link, I also noted it has been one of the most popular – and the most emailed – stories that day at WSJ. The graphic is […]
Something interesting happened at the bank yesterday. Sadly, it wasn’t that I noticed an extra $100,000 in my account. I was at the teller window and the young guy next to me was probably in his mid twenties, with his little toddler in tow. He was inquiring about the best way to set up regular […]
What are the odds of your business actually selling once you have made the decision to sell? Well, national statistics indicate that the odds of your business selling are only 25 to 30 percent. What does this mean? To put it bluntly: if you are thinking of selling your business, you have, on an average, […]
Selling Your Business – The Hardest Sale You Will Ever Make & 9 Keys to Making It Count the 9 Keys to maximizing The Price and Minimising the Stress They say the three most stressful times in a person’s life are when they get married, buy a house and change jobs. Well, try selling a […]
We often spend the least attention on the decisions that affect us most. Entrepreneurs pour heart and soul into building a business, often with the unexamined belief that the right exit will be bestowed on us as a reward for our hard work. On the other hand, seasoned successful CEO’s will tell you that planning […]
Leadership November 26, 2007, 11:35AM EST text size: TT Are You the Best Boss for Your Business? Bakery Barn saw explosive growth in five short years, becoming a $6 million company. Now the founder thinks it’s time for a new leader by Kerry Miller The way Sean Perich tells it, the history of his company, […]
If you want to be successful in making a business acquisition, you want to work with a brokerage firm with a large inventory of businesses for sale and an experienced staff of professionals who are focused ONLY on selling businesses and have the training and experience to successfully close the deal. While most first-time buyers may initially […]
Can You Sell Your Home-Based Business? The value of a business depends mainly on the earnings it produces, with the expectation that those earnings will continue into the future should a new owner take the helm. It also depends on having something valuable to sell that allows those earnings to be produced. So, if you […]
When you are selling your business you should be prepared for the different types of deal structures that may be proposed from various buyers. A business sale often consists of multiple elements like cash at close, seller notes, non-competes, books and records adequate enough for business financing by lending institutions, allocation of assets, capital gains, […]
Back in March 2007 I wrote an article touting Houston’s booming economy. In revisiting that article, while there is certainly economic turmoil on today’s national scene, Houston is still hot! The reason for this blog post is to share some of our current hands-on observations and experiences that keep us aware of the climate in Houston. […]
HOUSTON, TX — The Houston Chapter of the Texas Association of Business Brokers (TABB) announces their first monthly luncheon for the new year to be held February 27, 2008, featuring guest speaker Mr. William Sherrill as he presents Houston’s economic forecast for 2008. Mr. Sherrill, who has significant experience in such fields as real estate […]
Houston, the home of the World’s largest medical center, is getting bigger. The Texas Medical Center in Houston is in the midst of the largest expansion in its 60-year history, with planned projects through 2014 totaling more than $7 billion, officials announced this month. The center’s square footage is already greater than the square footage […]
It’s all about supply and demand. Potential buyers and sources of capital for the acquisition of profitable privately-held companies is plentiful while the supply of businesses on the market is not. This makes a profitable, established business a hot commodity and in demand. Inc. Magazine spells it out in this month’s issue, “The Most Valuable […]
Houston, Texas -among the elite in the logistics industry in the US and receives five stars in seven of the 10 major logistics categories. In their seventh annual study released this month, Expansion Management and Logistics Today magazines identifies the metro areas that can provide manufacturing companies with the strongest and most robust logistics infrastructure. […]