Category: Buy A Business

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September 23, 2009

SBA Revises Good Will Caps

By Joseph Eneldas

Effective with loan applications on or after October 1, 2009, the Small Business Administration revokes its position that acquisition financing is limited to buy-sells involving goodwill amounts up to $250,000. NO GOODWILL CAP EFFECTIVE OCTOBER 1, 2009 Specifically, the SBA changed the rules for financing transactions involving goodwill: a. If a transaction includes $500,00 or…

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September 17, 2009

Plumbing for Joy? Be Your Own Boss

By Joseph Eneldas

By economic yardsticks, Roger the Plumber should be feeling pretty low. Roger Peugeot, owner of the 14-employee Overland Park, Kan., plumbing company that bears his name, is part of a sector hit hard by shrunken credit and slumping sales. He has been forced to reduce staff and is battling new competition from other plumbers fleeing…

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September 9, 2009

What Is An Investor To Do Now?

By Joseph Eneldas

What is the investor to do now? With record amounts of cash on the sidelines, debt yields at history lows and gold hitting new highs, many potential investors/business buyers are questioning where the economy will be heading from here and what is the best time to acquire a business. Whereas we would never claim to…

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July 24, 2009

Warning! Business Sellers Are Liars

By Joseph Eneldas

“Business Seller Retiring – Priced to Move” While searching for an existing small business to buy, the novice entrepreneur will come across a few deals that seem almost too good to be true. There are times when a family situation or a dodgy medical condition may require a quick sale at a below-market price, but…

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April 7, 2009

Springtime Fever?

By Joseph Eneldas

ATLANTIC HIGHLANDS, NJ – April – As unlikely as it appears, spring does indeed increase transaction flow. Whereas one would think that numbers don’t lie and result in the same analysis throughout the year, it’s the springtime that gets the juices flowing. And similar to the real estate market (although a quite different business altogether),…

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March 23, 2009

A Brilliant Time To Invest?

By Joseph Eneldas

ATLANTIC HIGHLANDS, NJ – March -In July 1993, Tom Siebel launched Siebel Systems, which made software for managing corporate sales staffs. The U.S. economy was faltering, and the market for his product was new and untested. In other words, the timing couldn’t have been better. Also Online Peter Applebome: Not even the rich can afford…

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March 22, 2009

A Buy Side Uptick?

By Joseph Eneldas

ATLANTIC HIGHLANDS, NJ – March – Being in the business of assisting business owners and buyers to match each other, we have noticed a significant ‘uptick’ in recent weeks on the buy side. Combining the effects of more readily available financing and few attractive alternate investment vehicles in the stock/debt markets, buyers are increasingly turning…

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February 10, 2009

Buy/Sell Ideas for 2009

By Joseph Eneldas

ATLANTIC HIGHLANDS, NJ. – February –We wanted to briefly get in touch with you with some perspectives for 2009 – from an organization that has lived through several economic cycles and challenges as we experience today. On the buy side, the infinite pursuit of determining the “best buying point” in a market often results in…

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October 13, 2008

The Importance of Due Diligence

By Joseph Eneldas

ATLANTIC HIGHLANDS, NJ – October, 2008 – While buying a small business may seem to be an exciting venture, you need to do your homework when gathering information on the business. The ‘doing your homework’ process is known as conducting due diligence, meaning exercising care in a transaction. Due diligence is used to investigate and…