SBA lending reached the highest level ever in its fiscal year 2011, which ended Sept. 30. The SBA backed 61,689 loans totaling $30.5 billion, a big jump from the 50,830 loans totaling $17.9 billion two years earlier. Risk-averse banks may prefer making SBA loans because the government guarantees as much as 85 percent of the [...]
Buy A Business
In Harvey McKay’s great new book he tells a true story about a Professor Bonk (who taught chemistry at Duke University) to illustrate an important point about ethics and integrity. First, integrity is always right. Second, dishonesty can be a very risky business. Here’s the story… One year, three guys were taking chemistry and all [...]
Lists… they’re everywhere. From David Letterman’s nightly Top 10 to Wayne and Garth’s Top 10 list of girls they’d like to… well, “spend some time with”! This Top 10 list is one that I think you will find very interesting. It represents the “hottest businesses” for sale at a large business for sale Internet website [...]
For your business to be desirable to a buyer, there are 8 key questions that need answered: Does the BUYER have the skills and knowledge to improve the business? Does the BUYER have the financial resources to buy and run the business? Does the BUYER enjoy the business? Does the business generate enough funds to [...]
