This blog provides useful information to business owners, those wanting to own a business, or individuals interested in commercial income properties. Topics include small and mid-market business sales, mergers, acquisitions, valuations, financing and consulting.
Saturday, October 31, 2009
Friday, October 30, 2009
Sunday, October 25, 2009
Thursday, October 22, 2009
Wednesday, October 21, 2009
Business Acquisition and Working Capital Loans
Discussion: American Business Brokers Association | LinkedIn
Business Acquisition or Franchise Start-Up ....
Just 20% down, No Real Estate Necessary!!!
Loan Amt: $150,000 to $2,000,000
LTV: No Collateral requirements in selected states
Borrow Injection: 20%
Term: 10 years
Personal Guaranty: Required of all owners
Pre-Payment Fee: NONE
Balloon Payment: NONE
Origination or Points: 1.0%
REQUIREMENTS
Debt Coverage Ratio: 1.30 for 2 yrs
Eligible Businesses: Must be Privately Held, For-Profit, Owner Operator
Borrower's Experience: None Required for Approved Franchises
3 yrs of Related Experience for Non- Franchise
Working Capital: Funds Provided To Cover 3-6 months of expenses
GREAT BUSINESS STARTER LOAN, call 877-893-1086 or email Mike@AggressiveSolutionsLLC.com Visit www.AggressiveSolutionsLLC.com for more loan products available to better assist you with your Commercial Financing Needs.
Business Acquisition or Franchise Start-Up ....
Just 20% down, No Real Estate Necessary!!!
Loan Amt: $150,000 to $2,000,000
LTV: No Collateral requirements in selected states
Borrow Injection: 20%
Term: 10 years
Personal Guaranty: Required of all owners
Pre-Payment Fee: NONE
Balloon Payment: NONE
Origination or Points: 1.0%
REQUIREMENTS
Debt Coverage Ratio: 1.30 for 2 yrs
Eligible Businesses: Must be Privately Held, For-Profit, Owner Operator
Borrower's Experience: None Required for Approved Franchises
3 yrs of Related Experience for Non- Franchise
Working Capital: Funds Provided To Cover 3-6 months of expenses
GREAT BUSINESS STARTER LOAN, call 877-893-1086 or email Mike@AggressiveSolutionsLLC.com Visit www.AggressiveSolutionsLLC.com for more loan products available to better assist you with your Commercial Financing Needs.
New Program for IRA Loans for Business Acquisition
Discussion: American Business Brokers Association | LinkedIn
NEW IRA Loan with NO Tax Penalties EXCLUSIVE Offer
You can now tap into your 401k or IRA WITHOUT incurring tax penalties!
Loan Rates of LIBOR + 2.3% - 2.9%
Up to 95%
Extremely Low Cost
Tax Accountant and Attorney's will handle the process
Entire process takes less than 60 days for completion
This loan is GREAT for:
~ Acquiring a Business
~ Business Start-Up
~ Purchase of Real Estate
~ Business Line of Credit
~ Better Yielding Investments
and so much more ...
Would you like to get started today? Have any questions or would like to learn more call: 877-893-1086 or email Mike@AggressiveSolutionsLLC.com
NEW IRA Loan with NO Tax Penalties EXCLUSIVE Offer
You can now tap into your 401k or IRA WITHOUT incurring tax penalties!
Loan Rates of LIBOR + 2.3% - 2.9%
Up to 95%
Extremely Low Cost
Tax Accountant and Attorney's will handle the process
Entire process takes less than 60 days for completion
This loan is GREAT for:
~ Acquiring a Business
~ Business Start-Up
~ Purchase of Real Estate
~ Business Line of Credit
~ Better Yielding Investments
and so much more ...
Would you like to get started today? Have any questions or would like to learn more call: 877-893-1086 or email Mike@AggressiveSolutionsLLC.com
Friday, October 9, 2009
Thursday, October 1, 2009
Business Ownership - Debunking Three Common Perceptions
Today, I am going to address three common misperceptions regarding business ownership:
Perception: Business ownership is risky.
Are there any sure things in the world today? Corporate America continues to downsize. The number of people competing for the same job has quadrupled. Owning and operating a successful business may just be the safest job you ever had. And, once you have proven yourself, it becomes very easy to replicate your success in additional business endeavors.
Okay, the reality is business ownership does have risks. However, name one other job where you have more control over your future? Name one other job where you have more control of the rewards for your time and effort? You will certainly never attain this level of control working for someone else.
Perception: My business is all I will ever have time for.
During the launch and early growth phases, business ownership can be very time consuming. However, once established and cash flow is strong, you will discover further growth cannot solely depend upon you. To continue to build your business, you will need to teach and train others you successful measures. This will allow the business to become less dependent upon you the business owner and more dependent upon your growing staff.
My brother-in-law has spent the past 12 years building his business. He just spent two weeks in Ireland golfing. He frequently travels with his sons to their golf tournaments and takes two or three family vacations per year. I don’t know about you, but I never had a job that gave me that much time off.
The key to a happy lifestyle is you must build a business, not a job. The business very well may consume all of your time early on, but over time you will be able to transfer responsibilities and free yourself up for pleasure.
Perception: Launching a new business is very expensive.
The truth is most new businesses are launched with less than $10,000 of start up capital from the founder and most business acquisitions are done with approximately 25% down from the investor. Managing money is critical skill of the business owner. Funding the business and keeping positive cash flow while earning a decent living will take time, effort and creativity. Options include funding from sales, private equity, SBA (Small Business Administration) loans, joint venture agreements, etc.. Whatever it takes to launch your business without too much of your own skin in the game.
I hope these three perceptions have been clarified. Good luck in your search for a new business! And, if I can be of any help, please contact me at 239-405-8818 or eric@bluechipbizsolutions.com. Also, be sure to visit my webpage at www.bluechipbizsolutions.com.
Best Regards,
Eric J. Gall
Florida Business Exchange, Inc.
FBX Advisors - Ft Myers-Naples
office: 239.405.8818
cell: 239.738.6227
fax: 800.599.0503
Perception: Business ownership is risky.
Are there any sure things in the world today? Corporate America continues to downsize. The number of people competing for the same job has quadrupled. Owning and operating a successful business may just be the safest job you ever had. And, once you have proven yourself, it becomes very easy to replicate your success in additional business endeavors.
Okay, the reality is business ownership does have risks. However, name one other job where you have more control over your future? Name one other job where you have more control of the rewards for your time and effort? You will certainly never attain this level of control working for someone else.
Perception: My business is all I will ever have time for.
During the launch and early growth phases, business ownership can be very time consuming. However, once established and cash flow is strong, you will discover further growth cannot solely depend upon you. To continue to build your business, you will need to teach and train others you successful measures. This will allow the business to become less dependent upon you the business owner and more dependent upon your growing staff.
My brother-in-law has spent the past 12 years building his business. He just spent two weeks in Ireland golfing. He frequently travels with his sons to their golf tournaments and takes two or three family vacations per year. I don’t know about you, but I never had a job that gave me that much time off.
The key to a happy lifestyle is you must build a business, not a job. The business very well may consume all of your time early on, but over time you will be able to transfer responsibilities and free yourself up for pleasure.
Perception: Launching a new business is very expensive.
The truth is most new businesses are launched with less than $10,000 of start up capital from the founder and most business acquisitions are done with approximately 25% down from the investor. Managing money is critical skill of the business owner. Funding the business and keeping positive cash flow while earning a decent living will take time, effort and creativity. Options include funding from sales, private equity, SBA (Small Business Administration) loans, joint venture agreements, etc.. Whatever it takes to launch your business without too much of your own skin in the game.
I hope these three perceptions have been clarified. Good luck in your search for a new business! And, if I can be of any help, please contact me at 239-405-8818 or eric@bluechipbizsolutions.com. Also, be sure to visit my webpage at www.bluechipbizsolutions.com.
Best Regards,
Eric J. Gall
Florida Business Exchange, Inc.
FBX Advisors - Ft Myers-Naples
office: 239.405.8818
cell: 239.738.6227
fax: 800.599.0503
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