Tag Archives: William Bruce Business

Small Businesses Selling for Record Prices

Strong small business earnings are being reflected in record prices for business ownership transfers. Continue reading

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Small Business Optimism Reaches All Time High

The Small Business Optimism Index soared in August to a new record in the survey’s 45-year history.  According to the National Federation of Independent Businesses, the record-breaking figure is driven by the changes in the nation’s economic policies. Continue reading

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Small Business Ownership Transfers Set a Record in 2017

A record number of small businesses changed hands in 2017. Continue reading

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How to Use the SBA 7(a) Loan Program to Buy a Business

Except for the SBA 7(a) program, banks generally do not make loans to individuals to buy a business.  This statement will surprise a lot of people. Most people will think first of a conventional bank loan when seeking financing to … Continue reading

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The 3 Financial Benchmarks All Business Owners Should Monitor.

These three financial ratios don’t take long to calculate and should be checked frequently to monitor the health and viability of your small business. Continue reading

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The Best and Worst Franchises to Buy

Forbes Magazine’s list of the best and worst franchises to buy. Continue reading

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Types of businesses most and least likely to be approved for SBA loan

By William Bruce It’s well known that some types of small to medium size businesses are more likely to receive SBA loans than others. We are indebted to George Heaslip, “The Loan Professor” for the following ranking.  George is an independent … Continue reading

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