Category: Economic Trends

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October 13, 2009

SBA Loan Development

By Joseph Eneldas

The Small Business Administration ended its 2009 fiscal year on Wednesday, marking the close of a tumultuous year of lending initiatives to keep banks’ doors open. Despite the efforts to revive the credit market, the SBA approved less than 45,000 loans, down 36% compared to last year and 56% from 2007. The loan volume reflects…

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October 6, 2009

Find the Right Company

By Joseph Eneldas

As briefly mentioned in our last newsletter, we have noticed a significant amount of “cash” sitting on the sidelines – buyers, who are ready to move due to the dissatisfactory investment returns obtained in this market. After all, what does a treasury bill really yield these days? We see this trend even further enhanced by…

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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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August 11, 2009

Distressed Takeovers Soar

By Joseph Eneldas

The brutal recession is opening up the landscape to vulture investors as never before. New data show that distressed-debt deals — in which creditors use their debt positions to seize ownership of troubled companies — are running close to double the pace of 2008. Some 140 of the deals have been struck during 2009, compared…

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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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July 10, 2009

Retailers Negotiate Rent Reductions

By Joseph Eneldas

Retail chains are using the fine print in their leases to demand rent reductions, eking out critical savings and pressuring mall owners already struggling with vacancies…. …. Retailers that want to stay put are using the triggered clauses to negotiate multi-year rent reductions from their landlords, often in exchange for adding more years to their…

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July 2, 2009

Company Valuations

By Joseph Eneldas

INC Magazine recently published their valuation guide, which can be found here http://www.inc.com/valuation

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March 4, 2009

To P/E or Not to P/E

By Joseph Eneldas

ATLANTIC HIGHLANDS, NJ – March – A look at the Dow industrials shows that the entire late-1990s bubble, not to mention the rally from 2003 to 2007, has been completely washed away. With the Dow closing below 7000 for the first time in more than 11 years, one can’t help but wonder, using traditional valuation…

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April 17, 2008

After the initial review of 2007 results, very few recessionary trends were found among the businesses held by A Neumann & Associates

By Joseph Eneldas

ATLANTIC HIGHLANDS  APRIL, 2008 – A Neumann & Associates, a business brokerage firm serving the metropolitan Jersey area and New Jersey shore, has undertaken the first review of 2007 results for its client companies. We have noticed continued strong performances by our sellers, said Achim Neumann, President of the company, and very little of a…