Those of us searching for good news about credit availability find the search to be a bit like looking for a needle in a haystack. Recent changes to the Small Business Administration’s 7(A) guaranty loan program provide one such shiny needle for owners of companies with purchase prices between $400,000 and $4 million.
Under new rules, [...]

Let’s review the four areas where business owners who want to both survive in today’s economic climate and emerge from it poised for growth (or sale) can focus their energies. As you may recall, those areas are:

Preserving and Protecting Value
Identifying Value and Cash Flow
Creating Revenue
Creating Value

Most owners are currently waist-deep in the first area: cutting [...]

Should you sell your company now? Not only does the answer depend on you (how much fire you’ve got left in your belly) and on your exit goals (can a sale achieve your retirement needs?), it also depends on what you’ve got to sell, what industry you are in and M&A market conditions in your [...]