Archive for the ‘News & Update’ Category

Possible Capital Gains Tax Changes

Thursday, January 13th, 2022

Capital Gains Tax Rate May Rise Within the Next Few Years Pressure to increase the capital gains rate will come to bear as COVID-19 bailout funds increase. The current capital gains rate of 20% could be increased to a whopping 37% plus a 3.8% surcharge. Most experts believe major tax changes will happen in 2022…

Insights From a Former Business Owner and Happy Client

Wednesday, June 23rd, 2021

I wish I had started the process earlier. I thought for years about selling my business, but never made the time to meet with a Gateway Broker and start the process. Meanwhile, I became more burnt out, more frustrated and lost all passion to grow my business. It eventually became a chore for me to…

Winds of Change 2021

Friday, May 14th, 2021

The weather roared in like a lion this year. As business owners, we all hope the potential increase in capital gains taxes doesn’t roar in for a few years to come, especially if there are plans to sell your business. Pressure to increase the capital gains rate will come to bear as Covid-19 bailout funds…

5 Things to Do NOW to Increase the Value of Your Business

Friday, March 19th, 2021

The number one mistake business owners make in selling their company is not preparing soon enough. Whether you want to sell your company now or in the next 5 years, these are 5 steps to maximize and increase the value of your business. These issues are critical. Proper preparation will enhance the value of your…

Important Cares Act and SBA Lending Information

Wednesday, January 6th, 2021

We have some exciting changes for buyers using SBA loans to purchase a business as part of the stimulus program related to COVID-19. Starting February 1, 2021 and running until September 30, 2021 the SBA will be waiving loan guarantee fees, forgiving principal and interest payments for 3 months. Additionally, this will increase the bank…

Determining the Value of Your Business

Monday, March 23rd, 2020

Once you start thinking about selling your business, the first step is to determine the value of your business. There are several business valuation methods to help determine that value. These include the Asset valuation method, Return-On-Investment valuation method, Discounted Cash Flow valuation method, Capitalization of Earnings valuation method, Book Value valuation method, Market Value…

Why You Should Use a Business Broker

Thursday, February 13th, 2020

Selling your business is a long and tedious process. It consumes a lot of your time and distracts you from the day to day operation of your business. As a business owner, your focus should be on maintaining or increasing the value of your business. An experienced business broker can help you get the maximum…

Implement. Upgrade. Clean House.

Wednesday, January 22nd, 2020

Is it time to sell my business? As we start to navigate our way through the new year and the challenges it brings us, there are a few things to reflect on before we get into full swing.   Technology Technology continues to develop and becomes more integral in our daily lives, cyber-security becomes more…

Why Do Owners Decide To Sell Their Businesses?

Monday, December 23rd, 2019

Have you been asking yourself, “Should I sell my business now?” If you are not sure how to identify that, consider these 5 critical factors that may be signs that you should start the selling process.   Fatigue & Stress Running a business is much more than a full-time job. Over the years the energy…

3 Important Things to Keep in Mind When Selling Your Business

Wednesday, November 27th, 2019

Understanding the Right Business Decision For You Rising sale prices for businesses have presented sellers with an excellent opportunity to take the leap. In fact, 60 percent of owners are confident that they would receive a favorable sale price if they sold their business today. It can be tempting for owners to jump into a…