"Interestingly, koi, when put in a fish bowl, will only grow up to three inches. When this same fish is placed in a large tank, it will grow to about nine inches long. In a pond koi can reach lengths of eighteen inches. Amazingly, when placed in a lake, koi can grow to three feet long. The metaphor is obvious. You are limited by how you see the world."
-- Vince Poscente

Friday, January 21, 2011

How to Finance an Acquisition

The credit crunch has led to an increase in seller financing, asset-based lending and alternative sources of capital for buyers.

By Carolyn Brown
Inc.com, Jan 2011

In pursuing an acquisition there are always key items to consider such as the continued growth opportunity provided by the target company, purchase price, and financing terms. Many acquisitions fail due to these priorities not being in line, say M&A experts. For instance, a common mistake buyers make is to focus on an attractive purchase price, rather than the strategic importance of the company's present and future growth plans.

Securing capital and the best financing terms for an acquisition can be daunting and challenging. The sub-prime lending crisis and sluggish economy over the past 24 months has created huge changes in our financial system.

to read the full article... click here.

Monday, January 3, 2011

Check Out: New small business loans approved in 'minutes'

CNNMoney.com
By Catherine Clifford, staff reporter
December 15, 2010

New York (CNNMoney.com) -- The Small Business Administration announced two new lending initiatives on Wednesday aimed at getting relatively modest loans to small businesses quickly.

The idea is to get loans under $250,000 into the hands of small businesses efficiently: Applications are only 2 pages long and can be approved anywhere from "minutes" to 10 days, according to the SBA. Greater access to credit should help spur firms to grow and hire, giving the economy a boost.

To read more.. click here.

Sunday, January 2, 2011

Check out: Despite Government Initiatives, BizBuySell.com Survey Suggests Small Business Market Still Faces Hurdles

BizBuySell.com's survey results reveal that small businesses have yet to feel significant benefits from the Small Business Jobs Act, while lack of available financing continues to hinder business-for-sale transactions.

San Francisco, CA - November 16, 2010 -- BizBuySell.com, the Internet's largest marketplace for buying or selling a small business, today released results from a survey of the nation's business brokers on the state of the business-for-sale market.

According to surveyed brokers, most agree that the small business market continues to face major hurdles in today's economy, and the government is doing little to educate owners about the benefits of the Small Business Jobs Act. In fact, three in four brokers report that small business owners do not know how governmental initiatives, namely the Small Business Jobs Act, can and will benefit them.

To read the full article... click here.

Son Isaac on Camel in Tangiers

Son Isaac on Camel in Tangiers
"Sometimes your only available transportation is a leap of faith."-- Margaret Shepard