Shop small businesses on Saturday, November 26, 2022. This helps the local businesses and helps your community by keeping the dollars local. Saturday, November 26, 2022 is Small Business Saturday – a day to celebrate and support small businesses and all they do for their communities. This year, we know… Read More »Small Business Saturday 2022
• First time buyer (44%), serial entrepreneurs (33%)• Motivated to buy a job (43%), gain a horizontal add-on (27%)• Located within 20 miles (61%)
From all of us to all of you, hope you have a great and wonderful day! In the fall of 1621, the Pilgrims — early settlers of Plymouth Colony — held a three-day feast to celebrate a bountiful harvest. Many regard this as the nation’s first Thanksgiving. The legacy of thanks and the… Read More »Happy Thanksgiving
Main Street businesses are selling at a faster pace. That’s generally reflective of a strong market with motivated buyers.
Even though retirement is far and away the biggest reason sellers go to market, most business owners are doing little to no exit planning. The smaller the business, the less likely owners are to plan. Of those owners who did plan, most started less than a year before putting their… Read More »Owners Who Engaged In No Formal Planning Prior To Engagement To Sell
Shows deal terms 10 years ago when the country was still climbing out of the Great Recession and long-term unemployment was at a post-WWII peak.
Financing structures remain relatively consistent year over year. In depressed market conditions we would expect to see an uptick in seller financing and earnouts. That has not materialized yet.
It is tough to beat the multiples of last year and businesses are still selling, however the optimism is down.
Multipliers are still good even if the market is declining slightly Confidence may be declining, but deals are still happening, and the market is still driving a premium for quality businesses, There are a lot of media sources there telling us the sky is falling, but it’s still up there… Read More »Median Multiples
Credit Card fees are heading higher as inflation keeps going. Putting your bills on a retail credit card will cost you more than ever this holiday shopping season, Nathan writes. By the numbers: The average annual percentage rate for a retail credit card is 26.72%, an all-time high, according to… Read More »Credit Card APR