Questions for Helping Businesses Survive the COVID
Developing Your 90-Day Plan Those who want to make sure their businesses survive this pandemic will want to achieve a laser-like focus. It is important to realize that the forced downtime triggered by the pandemic affords you the opportunity to work on potentially neglected aspects of your business. Summed up another way, now is the time for dynamic and focused action. In...Read More
6 Tips and 90 Days to Protect Your Business
The next 90 days could make or break the futures of business owners trying to navigate the choppy waters of the COVID-19 pandemic, according to Inc. contributor Brian Hamilton. In his April 2020 COVID-19 centered article, “6 Actions to Take in the Next 90 Days to Save Your Business,” Hamilton, Founder of the Brian Hamilton Foundation, outlines six things owners should do now to survive the...Read More
Improving Your Telework Habits
It’s anything but business as usual in today’s online meeting environment. Employers should keep in mind that the dynamic between you and your employees may be different when you use video conferencing. A“business-as-usual” approach to the COVID-19 situation can make an employer look both unnecessarily cold and out of touch with reality, opined Rajshree Agarwal, who is a...Read More
Don’t Fear Failure, Learn from It Instead
Failure is rarely fun. But it is also a key ingredient in success. While painful, there is no doubting the fact that the lessons that come from failure can be powerful teachers that provide life-long lessons and even life-trajectory altering results. But on occasion, not failing could hurt more, especially in the long run. In her Inc. article, “Why Tons of Failure Is the Key to Success,...Read More
3 Critical Tips for Small Business Owners on SBA’s PPP Plan
Robin Gagnon, GABB broker and co-founder of We Sell Restaurants. by Robin Gagnon, GABB member and co-founder of We Sell Restaurants. If you filed for assistance through the Paycheck Protection Program there is good news on the horizon. Funds are flowing. We spoke to restaurant owners that are seeing money hitting their accounts who applied as recently as April 3. This demonstrates the...Read More
How to Connect During a Crisis
Small business owners are facing new challenges during this crisis. Communicating with customers requires more focus and depth than ever before. Mat Zucker, a PR guru with 25 years in creative and leadership positions at Ogilvy, R/GA, Razorfish and Agency.com, discussed the importance of communication in a recent article for Forbes Magazine. Jay Mandel, who runs The Collective NYC, a...Read MoreCrisis Averted: 11 Steps to Help Your Business Survive and Thrive
Russ Hall, Action CoachExperienced business brokers know that there’s sometimes a gap between when a business owner wants to sell their business and actually having a business prepared to sell. The Georgia Association of Business Brokers held its March 31 meeting online with more than 60 participants. If you missed the meeting, you can view the recording here. Business coach Russ Hall,...Read More
Closing on Environmentally Impacted Real Estate
By Chris Fonzi, GABB Affiliate member and Principal of Logic Environmental, Inc. Ask me about the worst-case scenario. Everyone with a contaminated piece of real estate does. How much can it cost? How long can it take? If you’ve had a deal torpedoed by an environmental contamination issue, the worst-case scenario was the veiled threat, the elephant in the middle of the closing table. In fact,...Read More
Great Tips for Selling Your Business
It takes preparation and focus to sell most businesses. It can take years to sell a business. Partnering with a business broker or M&A Advisor is a smart step towards selling any business, as these pros know the very best tips. Let’s take a look at some great tips for selling your business. Preparing your business to sell means carefully evaluating the foundation. Any significant problem...Read More