Entrepreneurs in my experience particularly the small Main Street businesses usually have bad financial planning and quite often go all in on get rich quick things like flipping houses etc. Risk, Hedging, diversity of portfolios all are singularly uncommon in my experience. Im not going to drill down on why but take note….2008 hit. It decimated many many Business owners who had either all their money in their business or had bought real estate which collapsed.
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How does mezzanine financing work?
Mezzanine financing is a type of financing that combines elements of both debt and equity financing. It typically involves a company borrowing money from investors in exchange for the promise of future interest payments and an ownership stake in the company. Mezzanine financing is often used by companies to raise capital for expansion or to […]
ChatGPT: How you can use it today in your small business
I wanted to understand its output, viability, potential implications, and possible utilization in the market for small business owners. So here are the 3 top uses for Chat GPT for small businesses…and my small I mean those bootstrapping themselves to growth and market share.
How does a business broker assist business sellers in exiting?
A business broker can help sellers of businesses in several ways: Valuation: A business broker can help a seller determine the fair market value of their business by performing a thorough analysis of the financial statements, market trends, and industry norms. Marketing: A business broker can create a comprehensive marketing plan to attract potential buyers. […]
The difference in Stock and Asset Sales from a very very top line.
A stock sale and an asset sale are two common methods of selling a business, and they differ in how the ownership and assets of the business are transferred to the buyer. In a stock sale, the buyer purchases the shares of the business from the existing shareholders, which means that the ownership of the […]