Houston has received several noteworthy accolades this month. Houston may have a bad reputation for hot, humid weather and nasty traffic, but according to Fortune Small Business magazine, it’s a pretty good place to start a company. Fortune ranked Houston the fourth best place among large metropolitan areas in the U.S. to launch a business. […]
Texas has long been the hot bed of restaurant activity in the U.S. With roughly $35 billion in sales expected in 2009, the restaurant industry in Texas is anticipated to be the leader in the restaurant sector in growth, according to the National Restaurant Organization, as reported in the Wall Street Journal. The $35 billion […]
With negative economic news grabbing the headlines, business owners are inclined to believe that it is not a good time to sell their company and that they will have to put their retirement plans on hold. While this rationale makes sense for some, waiting for better economic times does not necessarily equate to a higher […]
The Financial Times recently named Texas the No. 1 state economy in the nation in a study measuring the impact of the current financial downturn on the 50 U.S. states. Thanks to high rankings in four separate economic indicators: employment growth rate, state product growth rate (GSP), personal income growth rate and home foreclosure rate, […]
Dragging economy revs up auto shops ———————————————————————————- Certified Business Brokers, Houston, closed the deal between Buyer, Tariq Aziz, and Seller, Wayne Ray, of Mr. Transmission, on February 27, 2009. ———————————————————————————- Published February 27, 2009 — Houston Business Journal – by Allison Wollam Tariq Aziz owned a health care software services company for 14 years. He […]
While the economy is expected to remain weak throughout 2009, there will continue to be plenty of opportunities for individuals and businesses in a position to buy, according to a recently released survey. The report, published by the International Business Brokers Association, found that 61 percent of the survey participants, professionals involved in selling businesses, […]
Houston registered the nation’s biggest gain is private-sector employment, according to the U.S. Bureau of Labor Statistics released today. As a matter of fact, Houston has been the pace setter for employment for the last couple of years. The Houston area added 42,400 private-sector jobs between November 2007 and November 2008, almost three times the gain of […]
With negative economic news grabbing the headlines in the United States, business owners may think it is not a good time to sell their company. But fortunately for owners looking to sell, that is not necessarily true. Business sales are still taking place with sellers capturing attractive prices and favorable terms, when the deal is […]
The current status of the small business marketplace in Houston is dynamic. Buyers in every category are plentiful, our economic position is one of the top in the nation, business policies are in place for continued prosperity and growth, interest rates are at historic lows, and capital is available for business acquisitions. Fueling the Houston […]
Despite a sluggish economy in the U.S., Houston is still displaying its buccaneering spirit. While the oil boom is a large part of the Bayou City’s good fortune, it is not the only gusher pouring out prosperity. A diversified business base is the fuel that powers Houston’s shining-star status. Newsweek published an article this weekend titled, Houston, […]
And the city is still building—it’s not finished yet. Houston is a young city—compared to most others its size. It’s a young city in the median age of its population—still in the 30s. But Houston does have its history, its traditions, its heritage—and Houstonians are proud of this and do not forget their city’s glorious […]
The new 2020 Fortune 500 list of annual rankings of America’s largest corporations is out. Houston is called home by the 3rd largest number of the companies on the list, second only to New York City. Houston has been steadily adding to its collection of Fortune 500’s for the past several years, while New York’s number has […]
As markets continue to stabilize, 45% of CEOs interviewed for Pricewaterhouse-Coopers’ Private Company Trendsetter Barometer survey are optimistic about the US economy over the next 12 months (up two points from the previous quarter), and 47% who market abroad are optimistic about the world economy. Additionally, an increasing number plan to raise operational spending over […]
More small businesses in Houston were sold in 2009 than in any other city in the U.S. Why? Because buyers are positioning themselves for the future. We have been bragging about Houston’s economy and the engine behind it for a long time. Pick your industry, we’ve touted it. Houston Business Journal last week reported, “Houston-area […]
The 2010 new year brings with it the time when business owners review their strategic plan and business goals. Many of the owners we talk to are wondering if this is the year to consider selling the business. In Texas, there are five specific reasons why it would make sense to sell in 2010. There […]
We’ve been touting the Houston Economy and marketplace for years. But don’t just take our word for it. You’ll enjoy watching this YouTube production that struck a chord with people across the country and has become an online hit. See why everyone is talking about Houston! Watch the YouTube Video
Do cities have a future? Pessimists point to industrial-era holdovers like Detroit and Cleveland. Urban boosters point to dense, expensive cities like New York, Boston and San Francisco. Yet if you want to see successful 21st-century urbanism, hop on down to Houston and the Lone Star State. You won’t be alone: Last year Houston added […]
Texas ranked as the No. 1 state for business in a recent survey (May 24, 2010) of CEOs published in “Chief Executive” magazine. Closely following in the poll of 651 CEOs were North Carolina, Tennessee, Virginia, and Nevada. Rounding out the top 10 were Florida, Georgia, Colorado, Utah, and South Carolina. As for the bottom […]
The Small Business and Entrepreneurship Council (SBEC) has ranked Texas the second-best state in America for small-business development for 2010. The council released its Business Tax Index: Best to Worst State Tax Systems for Entrepreneurship and Small Business report. The report analyzes and combines 16 different tax measures into one tax score for all 50 […]
Takeaway: A stable, skilled, quality workforce is one of the top value drivers that contributes to the purchase price of a business. When a business for sale is being evaluated by a prospective buyer as a possible candidate for purchase, the quality of the human element will be considered. The staff is a major component and […]
If you buy a business in Texas, now is a good time to buy a business. With a roller-coaster stock market, a not-quite bottomed-out real estate market, and interest rates so low, there is nowhere else that will yield a higher return on your investment than in your own business. In what other investment can you […]
When you hear something described as a perfect storm, you aren’t sure if it’s a good thing or a bad thing. Hurricane Ida hit the US a few weeks ago, and it was a perfect storm no one wanted to experience. But a perfect storm can be a good thing, such as today’s M&A environment. […]
If you are looking for a profitable, well-run business to acquire, you are not alone. Right now, there are not enough businesses for sale to meet buyer demand, as reported by a Market Pulse Survey in early 2017 and sponsored by the IBBA (International Business Brokers Association) and M&A Source. The survey was conducted with […]
We understand that most people do not have time to monitor everything that is happening in the market. So, to make things easier, we have compiled a brief report on last year’s business sales and the current economic outlook. A record number of small businesses were bought and sold in America in 2016, topping 2015’s […]
Is 2020 a Good Year to Sell a Business? Before deciding whether or not to buy or sell a business in 2020, you should be aware that political fears are driving down business valuations. While there is no recession yet, the prospect of one is still on the horizon, and 53 percent of business brokers surveyed […]