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A Time of Change
The Silver Tsunami and Corporate Reality
Business brokers can't stand business buyers who are not properly vetted and prequalified. Don't start the buying process with them.
Remember, change is the only constant, but opportunity is the steady horizon.
It's time for a change, and this might just be a divine sign for you. Let's save small businesses, promote you to CEO small business owner, and keep our country strong. We can do this together.
The Great Business Transfer
The Great Business Transfer: How Retiring Baby Boomer Small Business Owners Create Opportunities for Aspiring Entrepreneurs
Over the next decade, America will experience a historic transfer of business wealth and ownership. As the baby boomer generation increasingly retires, the businesses they built and nurtured for decades will change hands.
The Power of the Pivot: The Right Way to Buy a Profitable Small Business
Ever heard of the term "pivot"?
In an old classic Friends episode, it meant giving it your all to hurry to move furniture up the stair case so nobody broke their back!
In business buying, it means knowing when to change course to get the best deal.
Let's talk about why the power of the pivot is crucial for anyone looking to buy an established, money-making small business.
Purchased. Not Built.
The Appeal of Buying an Existing Small Business
Yearning to break free from the corporate world and be your own boss? Starting a business from scratch may sound daunting. An alternative path to entrepreneurship could be acquiring an established local small business already generating revenue.
Purchasing an existing profitable company offers compelling benefits
Empowering Seasoned Corporate Women
Understanding the Gap: A New Path for Seasoned Women in Business
Ladies, imagine a world where opportunities are abundant, where our dreams are not just dreams but realities waiting to unfold. In the corporate landscape, we find a hidden treasure, a path less traveled, leading to profitable small businesses ready for new leadership. Why is this gem so hidden, especially from seasoned women in the corporate world? It's time to discover this path together!
Rosie to #MeToo: Equality Advocate
The Struggle for Women's Equality in America
Women have come a long way in securing equal employment opportunities in the United States over the past century. However, it has been a long and difficult journey.
I will work to reform biased corporate cultures that limit women's advancement. Most importantly, I will never stop fighting until complete gender equality is a reality. The time for change is now.
Comparing Free Cash Flow and Seller Discretionary Earnings - SDE
Free Cash Flow vs. SDE for Small Business Buyers
Let's dive into a topic I know can be tricky:
Taxes for small business owners.
When we pay taxes, we can reduce what we owe using "deductions". These are expenses that Uncle Sam lets us subtract from our income. The less income we have to tax, the less we owe.
Each business type, like sole proprietorship or LLC, can claim different deductions. Here's a simple breakdown
Start Smart, Finish Strong
Your Guide to Acquiring a Profitable Small Business: Start Smart, Finish Strong
Are you standing at the threshold of entrepreneurship, eager to acquire an established, profitable small business?
You're at an exciting crossroads, and the path you take can shape your journey's success. Let's make it count!
The Powerhouse of Local Economies
The Powerhouse of Local Economies: Why Small Businesses Matter More Than You Think
The Unseen Economic Impact of Small Businesses
While the limelight often falls on large corporations, the true heroes of our economy are the small businesses that quietly drive our local communities. Despite the lack of media attention, these enterprises are the lifeblood of the American economy.
Your Unforeseen Lifeline in the Silver Tsunami
Plan B: Your Unforeseen Lifeline in the Silver Tsunami
Are you ready to ride the Silver Tsunami?
Or will you let it wash you away?
As we stand on the precipice of the second half of 2023, the outlook is bleak.
Economic forecasters warn of a full-on recession; job security feels as rare as a solar eclipse; and artificial intelligence, like a tireless, relentless army, marches on, steadily usurping human-held corporate positions.
Honoring Legacies on Father's Day
Honoring Legacies and Navigating the Silver Tsunami – A Unique Opportunity
On this beautiful Father's Day, a day of honoring and remembering those who have given us guidance and care, I am reminded of a phenomenon we are experiencing in the business world - the Silver Tsunami.
Over 11,000 Baby Boomers retire daily, many owning long-established, profitable small businesses.
Setting Sail: Business Plan
Setting Sail: A Business Plan as Your Compass in Acquisition
Dear Aspiring Entrepreneur,
Acquiring an established, profitable small business is akin to setting sail on an expedition filled with uncharted territories and bountiful opportunities. Whether you're a seasoned captain or a first-time sailor in the entrepreneurial sea, one navigational tool is essential: a well-structured business plan.
A business plan is more than a ticket to financial support.
It is your compass.
Aspiring Business Buyer Pitfalls
Navigating the Pitfalls: Top Ten Buyer Missteps in Small Business Acquisition
The entrepreneurial allure of owning a small business is stronger than ever in today's digital era.
Broker listings are saturated with enticing offers like 'absentee-owned' businesses, '100% seller financing,' 'SBA-qualified,' and the proposition of buying a 'boring but profitable' venture.
Revolutionizing Business Acquisition: Empowerment for Buyers
The business acquisition journey is typically framed through the eyes of sellers and brokers, leaving the aspiring business buyer to navigate the journey guided largely by the compass of those primarily interested in closing a sale.
Today, we're going to flip the script and focus on what truly matters
Adaptability, Creativity & Resilience
In 2023, small business owners are navigating an evolving business landscape, particularly those contemplating selling their businesses.
In this newsletter, I address four key small business challenges that all owners face, whether selling or buying.
Amplifying Diverse Voices in Small Business
Entrepreneurship is often called the American dream – a path to success, financial freedom, and independence.
However, for women and people of color who are interested in buying established small businesses, this dream can quickly become a nightmare due to numerous barriers that stand in their way.
In this article, I will break down the obstacles faced by these groups when it comes to buying small businesses and explore ways we can work towards breaking down those barriers once and for all.
Smart Investment or Risky Gamble?
Are you considering buying a small business but don't have the time or desire to be an active owner? Then an absentee-owned small business might sound like the perfect solution! Absentee ownership allows you to own and operate a business from afar without being involved in day-to-day operations.
Before jumping into this type of investment, weighing the pros and cons is crucial. In this blog post, we'll explore both sides of owning an absentee-owned small business so that you can make an informed decision.
Real Business Profits Matter
Real Business Profits Matter for Serious Buyers
To determine the historical small business listing net cash flow that will reflect if the small business can service a proposed change of business ownership bank loan project, you will need to follow these steps
New Kid on the Block
Transitioning from being an employee to owning a small business can be an exciting and rewarding experience. However, it's not without its challenges, and many new small business owners make common mistakes that can derail their success.
In this article, I want to share the top five mistakes new small business owners make when transitioning into an established business. You can avoid these pitfalls and set yourself up for success by understanding them.
The Silver Tsunami - 10,000 Daily
Are you worried about the uncertainty and risk of starting a business from scratch?
Have you considered the alternative of buying an existing, cash-flowing business?
Are you aware of the Silver Tsunami metaphor regarding nearly 10,000 baby boomers retiring per day?