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Latest Posts
| Financing for Small Business Owners Continues to Improve
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A sign thatlending for small businesses continues to improve is the recent report that Wells Fargo approved more than $548 million in SBA 7(a) loans nationwide so far this year. As reported byMarket Watch and Business Wire, Wells Fargo has continued to issue the most SBA loan dollars tosmall business owners than any other lender in the country.
The announcement came as Wells Fargo started its annual Small Business Appreciation, which celebrates how important small businesses are to the U.S ...
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| Oklahoma City and Texas Cities Named Most Friendly Toward Small Business
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In a recent survey by Thumbtack.com, cities such as Oklahoma City, Oklahoma, Dallas-Fort Worth, Texas, San Antonio, Texas and Austin, Texas, were given the highest marks for business-friendly regulations.
As reported by the Wall Street Journal, approximately 6,000small businesses owners took part in the survey, where they were asked to measure “overall regulatory friendliness” in such areas as environmental and labor rules, health and safety codes. All of which are essential for ...
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| How to Approach Selling Your Business
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When a business owner makes the decision to sell, it can be instantaneous. It can be made after years of planning or quickly through thoughts of retirement, personal or family matters. Regardless of the reason, the goal of selling a business remains the same, maximizing what you receive from the sale.
Businesses change hands every year. Because this will be one of the most important transactions you will make in your life, you should approach it with careful and concise planning. It should be ...
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| Baby Boomers Find Career Opportunities through VR Franchise Showcase
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Choosing an opportunity offered by theVR Franchise Showcase is not only great for aspiring entrepreneurs who want to be their own boss, but it's also providing a good option for people over the age of 45, who have been laid off and have struggled to find new positions in the market. This has become an ongoing trend because franchising provides less risk than an increasing amount of the jobs available in the corporate market today.
Franchising requires people to have:
A business acumen, whi ...
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| How Do You Answer a Buyer’s Concerns Regarding Your Business?
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Any buyer when they’re reviewing your business will have these questions to ask:
What is the business’ growth potential?How can I grow the business?What separates your business from the competition in the marketplace?What are the variables involved in operating the business?How stable is the management and work force in place?Are there pending issues regarding the lease or real estate involved?What type of existing debts and other liabilities are present?Has the business been audit ...
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