Businesses in Middle Georgia experienced a very positive 2018 and expect an even better 2019, according to the results of Mercer University’s 2018 Middle Georgia Economic Outlook Survey. During 2018, businesses in Middle Georgia added more employees than they expected to add at the beginning of the year. Businesses were also very optimistic … [Read more...]
Archives for April 2019
Embracing Technology to Boost Your Business
Technology can help business owners get top dollar when selling their business, according to Keith Gregg, Chairman/CEO of Chalice Wealth Partners, a San Diego-based wealth tech member organization for independent wealth advisors. Gregg, in February 8, 2019 article in Forbes, “Using Tech to Enhance and Sell a Business,” says some small business … [Read more...]
Thinking About Succession Planning
If you own a small business and haven’t thought about succession planning, you should. Brad Cherniak Co-Founder and Partner of Sapient Capital Partners, a Toronto-based advisory firm, examined the importance of succession planning in a February 20, 2019 Divestopia article, “All Companies Need to Look at Succession Planning.” Owning and/or operating … [Read more...]
Could the Red-Hot Market for Businesses Be Cooling Down?
The economy is red hot, and that fact is translating into lots of businesses being sold. However, it is possible that this record-breaking streak of sales could cool down in the near future. Entrepreneurs who are considering selling their companies say they’re worried about the future of the economy, according to an article posted on Inc. in … [Read more...]
How to Create A Business Plan
If you're hoping to borrow money to buy or start a business, you'll probably need a business plan. A business plan, which projects 3-5 years ahead, is your road map for your business. It outlines how a company plans to reach yearly milestones, including revenue projections. A well-thought-out plan also helps a business focus on its key elements … [Read more...]
Marketing Strategist to Speak Aug. 21
Find out how you can harness a marketing strategy to grow your business when internationally known author, marketing and business strategist Diane Conklin speaks on Wednesday, Aug. 21, to the Georgia Association of Business Brokers. The GABB is the state's largest association of professionals dedicated to buying and selling businesses and … [Read more...]
What Kind of Buyers are You Most Likely to Meet?
Selling a business can be an exciting and rather lucrative time. But going through the sales process means embracing the notion that you’ll have to be very prepared for whatever might be thrown your way. A key aspect of preparing to sell your business is to know what types of buyers you’re likely to encounter. It is only logical to anticipate … [Read more...]
Five Industries with Great Growth Potential for Small Business Buyers
By Peter Siegel, Founder of BizBen.com (California Businesses For Sale), the BizBen Network When you buy a small business, you want to be successful. But to do that, you must be able to look objectively at the company and determine whether or not it is a business that will be able to grow into the future. Many small businesses have succeeded by … [Read more...]