Thinking Like Owners…
Posted in Small Business on Apr 17th, 2012
A recent article in the Denver Business Journal highlights a growing issue that business owners are facing. No matter how solid your payment history and however long you’ve relied on it, owners should be aware that there’s no guarantee for renewing a line of credit. The worst of the recession may be behind us, but [...]
Posted in Small Business on Apr 13th, 2012
When it comes to being an entrepreneur, nothing beats the lifestyle. Just like your friends imagine, you’re flying across the country in business class, schmoozing with investors, shaking hands over 18-year scotch and growing your business. It’s the good life, and what’s not to love? You deserve it, after all. You struck out on your [...]
Posted in Capital Formation, Economic Outlook, Government Policy, Lower-Middle Market, Small Business on Apr 5th, 2012
Scott Shane, Professor of Entrepreneurial Studies at Case Western Reserve University published a recent commentary on Bloomberg Businessweek that will likely echo thoughts of many lenders, borrowers and advisors. Professor Shane likens the Federal Reserve’s efforts to manage small business credit to the story of Goldilocks and the Three Bears. Bernanke and his Fed team, supplanting [...]
Posted in Mergers & Acquisitions, Small Business on Jan 31st, 2012
Small business sales in the U.S. jumped more than three percent in 2011, according to BizBuySell. This comes after a similar rise of about three percent between 2009 and 2010, continuing a slow but steady growth trend for two straight years. Meanwhile, small business sale prices in the Denver area rose almost 11 percent in [...]
Posted in Economic Outlook, Government Policy, Small Business, State of the Market, Strategic Planning on Oct 21st, 2011
Thanks again to those that participated in the survey and contributed to the production of meaningful results. Blame Game Internally, our office was split as to how the poll results would fall. In reality, the poll results leave little question as to the sentiment of our clients. Nearly 77% of the respondents believe that regulatory [...]
Posted in Small Business on Aug 10th, 2011
According to a recent Wall Street Journal article, the number of businesses using credit cards has significantly increased over the past decade. 80 percent of Small Businesses in the U.S. now use credit cards for their working capital. Although business credit cards come with high interest rates that can increase without warning, about 75 percent [...]
Posted in Government Policy, Small Business on Jul 1st, 2011
No matter how many times it’s disproven in action and policy, there are some who continue to believe that the answers to our nation’s financial hardships can be found within the federal government. In an article in TIME magazine earlier this month, author Rana Foroohar claimed that despite political rhetoric and popular opinion, small business [...]
Posted in Capital Formation, Small Business on Jun 29th, 2011
While lending to small businesses seemed to be improving last year, numbers from the first quarter of 2011 prove otherwise. Falling 2.4 percent, the Small Business Administration’s Office of Advocacy found that small business lending totaled $609.4 billion over the first quarter this year, compared to $624.3 billion in December, according to a recent Wall [...]
Posted in Economic Outlook, Lower-Middle Market, Middle-Market, Small Business, State of the Market on Mar 1st, 2011
The number of defaults by corporate debt issuers fell by nearly 80 percent last year, according to a report issued Monday by Moody’s Investor Service. According to Moody’s, only 57 of the corporate debt issuers it rates globally, defaulted on a total loss of $39.1 billion 2010. This number is down dramatically [...]
Posted in Maximizing Business Value, Small Business, State of the Market on Nov 30th, 2010
Recent economic data indicates that corporate profits are slowly returning to the private sector while jobless claims continue to hover around 10 percent; further confirmation that we are in the midst of a “jobless recovery.” Jobless claims will likely continue to lag in this recovery, potentially good news for operations-focused business owners (more on this [...]