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Top articles ranked by number of visits.
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Tag Archives: William Bruce Business
How to Use the SBA 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 →
Posted in Valuing, Buying or Selling a Business
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Tagged Best business acquisition loan option, How to buy a business using SBA loan, loan to buy a business, SBA 7a business acquisition loan, SBA 7a loan, SBA 7a loan explained, Small Business Administration loan, Top SBA bank lenders, Using SBA loan to buy a business, William Bruce Business
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The 3 Financial Benchmarks All Small 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 →
The Best and Worst Franchise Investments
Forbes Magazine’s list of the best and worst franchises to buy. Continue reading →
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 →
Selling a Business: Going to Market
Please keep in mind that selling a business is not an overnight project. It takes time. My experience has been that six to eight months is about average. Previous articles have discussed the importance of having a good reason for … Continue reading →
How to Sell a Business: Buyer Acquisiton Financing
In addressing how to sell a business, we’ll discuss in this article the issue of buyer acquisition financing. Previous articles have dealt with being able to give a good reason for selling your business, getting your business ready to sell, … Continue reading →
How to Sell a Business: The Critical Question of Price When Selling a Business
Nothing causes the buyers and sellers of privately held businesses more anxiety than the problem of valuation. The question of selling price haunts both parties. The seller doesn’t want to price his business too cheap and “leave money on the table”. On the other hand, the buyer of the business is afraid he’ll pay too much and not get the best possible deal. Continue reading →
Best and Worst Online Retailers Listed for Password Security Risk
A password security management company, has surveyed the top 100 American online retailers to assess their password security policies. The survey produced surprising results. Continue reading →