Between the high demand of businesses in the market, to labor shortages putting stress on small businesses, 2022 may just be the year to sell your business. If you are considering selling your business, be sure to contact one of our agents at Certified Business Brokers in Houston. As the midpoint of the year […]
Business is thriving in Houston……..and No Wonder! Houston is the fourth-largest city in the United States, located in a culturally diverse metropolitan region of 4.8 million residents – and growing at more than twice the national pace. It has a low cost of living, a well trained and educated workforce, has one of the largest […]
The Answer — in a Nutshell: The best time to sell a business is when the business has upward trending revenues, when the industry is in an upturn, when the economy is strong, when there is a multitude of buyers looking for business acquisitions, and when interest rates are low. There are many questions that need to be answered before […]
“Texas is a land of buccaneering capitalism.”- The Economist, 12/19/02 In addition to having a low cost of living and a great quality of life, Texas has one of the nation’s most favorable business environments. By 2030 the U.S. Census Bureau projects Texas population will increase by 60 percent compared with 2000 and will be one of the […]
“Companies to service cargo and vessels at the Port of Houston and along the Houston Ship Channel will be in high demand for the foreseeable future and will continue to provide impetus to our city’s economic vitality.” — Above is a quote from one of my posts earlier this month touting Houston Growth in International Trade […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Houston – the fourth largest city in the U.S. and the economic dynamo of Texas is also an international player in the future of global commerce. The economy of the Houston region is one of America’s largest. Its industries include oil and gas, aeronautical and space, medical research and healthcare, technology, manufacturing, logistics and shipping. The […]
Houston is the pacesetter in the race to a new-energy future — Wind Energy, Biofuels, Hydrogen, Nanotechnology and Carbon-Free Energy. As investment in alternative energy surges, scientists and entrepreneurs throughout the U.S. are trying to brew up remedies for the world’s so-called petroleum addiction. While it’s too soon to say which of these efforts will […]
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. Rand understood the importance of business growth, entrepreneurialism, and free […]
Texas in top 10 best economic outlook rankings in the U.S. according to a new publication, Rich States/Poor States – State Economic Competitiveness Index 2007. This economic rating of the 50 states shows that those states with the lowest taxes, government spending, and regulatory burdens attract the most newcomers. Houston has long understood the precepts purported […]
Houston-based banks feel less subprime pain — Credit harm not as severe as in other regions By PURVA PATEL Dec. 5, 2007 Houston Chronicle National banks that were heavy into the mortgage market in parts of the country where the credit crunch has taken its toll have taken billions in write-offs related to loan […]
Houston’s economy will continue to flourish for the forseeable future, despite the nation’s credit crisis (Houston Business Journal 11/19/07). The TrendLines report, researched by Transwestern affiliate Delta Associates, projects an average of 60,000 new jobs in the Houston area each year through 2009. Job growth will cause office vacancy to decline and office rental rates to […]
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 […]
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, […]
Fortune Small Business scoured the country for the 100 Best Towns To Live and Launch a Business for 2008, as published in April. They looked for towns that combine a great business environment with alluring leisure offerings. They looked at economic conditions such as local taxes rates alongside natural beauty and easy access to museums, and more. […]
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. […]
According to the U.S. Bureau of Labor Statistics’ April 29, 2008 release, the Houston Metropolitan Area is still leading the nation in year over year job growth. The stats not only indicate Houston as the hottest job market, it highlights the fact that Texas’ other three major metro areas are dominating the job scene as well. Two […]
Houston Businesses keep economic engine pumping, maintaining the City’s position as one of the fastest growing employment cities in the U.S. Texas was fifth in the nation for August non-farm job gains, according to the Bureau of Labor Statistics. Employment in the Houston Metropolitan Area was up by 8,600 jobs in August compared with July […]
I found this post by Chicago Addick interesting and comical as he describes the wonders of Houston from a Northerner’s point of view. The writer seemed amused, amazed, appreciative, and condescending all at the same time: Houstonians spend more time in their cars than their homes and perhaps then understandably spend more money on their car loan […]
Since 2005 Houston has been enjoying employment growth at a higher percentage rate than the rest of the U.S. and is anticipated to keep the city’s economic engine running. Houston Ranks Third in Employment Growth in U.S. After peaking late in 2006, the Houston economy has steadily lost momentum over the past six months. Despite […]
The Houston metropolitan area ranked fourth in the nation for overall population growth between 2006 and 2007, according to new census data released last month. The increase is attributed to our job market and booming economy. We have full-occupancy in our Class A office space, and we have experienced the #1 job-growth rate in the […]