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5 Key Components Of A Small Business Acquisition Loan

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Major Challenges To Securing A Business Acquisition Loan Qualifying for a small business acquisition loan can be quite an ordeal to say the least. If the business being sold is very profitable, the selling price will likely reflect a significant amount of goodwill which can be very difficult to finance.If the business being sold is not making money, lenders can be difficult to find even if the underlying assets being acquired are worth substantially more than the purchase...
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3 Components What it Takes to Succeed in Business

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Business if tough in today's world! Most small businesses go bankrupt or are closed abruptly in the first five years. Over the course of the next five years many of the remainders also "pack up" shop and lock their doors. Why do so many businesses fail?The reasons lie in three main spheres. Those spheres of influence can be labeled personal, customer, and operations.The Personal Sphere deals with the owner’s personal motivation to start a business. For example, if an...
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5 New Product Ideas

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Here are some new product ideas for things yet to be invented, or innovations yet to be tried. Why don’t you be the inventor or innovator? Help yourself. There are no patents on the following ideas as far as I know - but do your patent research, of course.1. A pavlovian dog calling deviceThe scientist Ivan Pavlov trained dogs to salivate when a bell rang - simply by ringing a bell whenever they ate. Imagine a small beeper on your dog’s collar. Each time you feed him...
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