Where you go to buy or sell a business…..

As business owners we have become accustomed to controlling our own destiny and trusting our instincts.  When our instincts are correct we laud our decision making furthering our convictions. Most of the time, it is impossible to see the faults in our decisions until months (maybe years) after our decisions are made.  Even then, we [...]

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On September 27, 2010 President Barack Obama signed H. R. 5297, the Small Business Jobs Act of 2010 into law.  Below are some key points of the bill that business owners should be aware. Small Business Administration Fee reductions for SBA loans are in effect from the American Recovery and Reinvestment Act of 2009 have [...]

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You have three options to exit your business: Sell to: Family / Friends Employees, or A Third Party Regardless of which option is best for you, a sale is ultimately involved.  Or is it? Fact:  Not all businesses are saleable. Why? We’ll discuss this along with many other topics including: Who buys businesses? What do [...]

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Ron Morris, the self-proclaimed “American Entrepreneur”, on his October 11, 2008 radio show received a call from an entrepreneur and avid listener named Yuri.  Yuri recalled Ron’s statement from a previous show declaring that, “it is a bad idea to use a business broker to sell your business.”  Yuri’s question, “Why?”  Ron’s response provided yet [...]

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River’s Edge Alliance will be serving as an expert author for the GlobalBX.com – Business For Sale Blog regarding business brokerage and mergers & acquisitions.    Our first post on August 1, 2008 discussed The Advantages of Buying a Business vs. Starting a Business.  We compared and contrasted each scenario based on:   Revenue Streams [...]

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