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From the monthly archives: January 2008

We are pleased to present below all posts archived in 'January 2008'. If you still can't find what you are looking for, try using the search box.

Buying an Existing Business Beats Starting a Franchise

Last Friday afternoon I was a guest on KSEV Radio AM 700 with host Aubrey Thoede and had the opportunity to discuss a subject that many call-in listeners wanted to learn more about....starting their own franchise. But buying a new franchise is not the best way to go about achieving the "American Dream." Everyone reads or hears about big corporate mergers and large company acquisitions. However, big corporations aren't the only companies being bought and sold. Profitable, privately-held small businesses are changing hands everyday. These transactions are done behind the scenes and are not reported along with the daily stock market news. These business exchanges fly under the radar of the public at large -- which may be part of the reason that it is not commonly understood that buying an existing small business is the most viable path to being a successful business owner. If you are considering your options for going into business for yourself, buying an already established profitable business should be t ...

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Driving While Being A Business Owner

I thought this story on WashingtonPost.com was humorous and not surprising. While I am not pleading guilty, I am sure most fellow business owners will relate. I certainly hope we don't start getting profiled and arrested for driving while BBO. Survey Reveals Work Habits of Business Owners Anyone who's ever been irritated by an erratic driver take heed - it could be a small business owner. According to a new study, about half of U.S. small business managers admit to making business calls and checking e-mail while driving. For most of the managers surveyed by International Communications Research at the request of office supply giant Staples, the standard 40-hour work week doesn't apply. Nearly two-thirds of the 300 small business owners and executives surveyed said they work well beyond 40 hours per week. One in five, or 21 percent, work while eating dinner at least four to five times a week and 66 percent said they work after hours and at night. About 18 percent said they read work-related e- ...

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Certified Business Brokers Completes the Sale of MVP Aero Academy

Certified Business Brokers today announced the acquisition of MVP Aero Academy, an FAA Licensed Flight School in the Houston area, by a local investment group. Terms of the sale were not disclosed. Sheela Patel, new owner and Managing Partner of the investment group, stated she is pleased to be assuming the reins of the largest flight school in Houston. Dr. John Van Paasschen and Carol Maitland, the previous owners, and Harding Goodman, Operations Manager, will continue in their management capacities and will be actively involved in the operation of the business. MVP Aero Academy operates a fleet of 25 aircraft from the Weiser Airpark in Northwest Houston and the Lonestar Executive Airport in Montgomery County just North of Houston. In recent years it has experienced significant growth as the needs of major airlines for highly trained pilots have increased. Patel said, "We value each of our customers and will continue to stress quality academics and a fun flying experience. We will seek to continuall ...

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Houston Business Brokers Predict Buying, Selling of Companies to Grow in 2008

If you are looking to buy or sell a business in Houston, 2008 will see a wave of activity and be a year of great opportunities.We have already kicked off the New Year with a bang, closing four businesses between New Year's Eve and the day after the Holiday. And, we currently have a record number of businesses scheduled to go to the closing table over the next two months.The celebrating, enthusiastic freshly-crowned business owners are bullish on the Houston economy and have grand plans for growing their new acquisitions. As for the former proprietors, now retired former baby boomer business owners, are to be congratulated for their successful achievement and having been in the driver's seat that has helped steer our city's economy to its top status as one of the best in the nation. The diversity of our small business community is the backbone of the city's robust commercial health.We fully expect business transfer activity to continue its uptrend here. We have seen accelerated momentum over the last few years ...

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