6 in 10 women business owners stated they were motivated to start a business due to a desire to pursue one’s passion! The least likely reason is lack of job opportunities. Source: Gusto partnered with NAWBO to survey 1,199 female business owners about their experiences during the COVID pandemic and resulting recession. Learn more… Read More »Why Do Owners Start a Business?
On Thursday, March 4th, 2021, Steve Mariani Owner of Diamond Financial Services was our guest on the Delta Business Bite webinar. This Snippet focuses on some of the hard hit industries during the 2020 Covid 19 Pandemic. Learn more about Diamond Financial Services here: www.EasySBA.com Address: 5306 Six Forks Road, Suite… Read More »2021-03-04-05 What were these ‘hard hit sectors’
The industry distribution of sole or primary earner respondents from all other business owners, across four large sectors: Personal Services (Retail, Leisure, Hospitality); Professional Services (Legal, Consulting, Information Technology, etc.); Goods-Producing (Manufacturing, Construction, Utilities); and Social Services (Non-Profits, Education, and Health Care) is shown. The industry composition of the businesses sole or primary earners… Read More »Industry Distribution of Women Business Owners: Sole or Primary Earners vs Others
On Thursday, March 4th, 2021, Steve Mariani Owner of Diamond Financial Services was our guest on the Delta Business Bite webinar. This Snippet focuses on the different types of SBA loans available to business owners and future business owners. Learn more about Diamond Financial Services here: www.EasySBA.com Address: 5306 Six… Read More »2021-03-04-01 what types of SBA loans available for business owners or future business owners?
According to the Market Pulse survey in 2019 & 2020, less than 1 in 5 responding Business Intermediaries reported they had more clients’ businesses sell than they did in prior years. Source: IBBA & M&A Source Market Pulse 2020 Q4 (published 2/9/2021) and Participant Comparison Reports #DeltaBusinessAdvisors #MergersandAcquisitions #BusinessBrokers #MandAMarket… Read More »Intermediaries Closed Fewer Transactions in 2020 than in Prior Years
As you start thinking about selling your business, it is important to engage with someone who can assist you. You can increase your value in the final years before you sell. Ask questions such as: “How can I best position my business for sale? Who is my ideal type of… Read More »Selecting Your Exit “Coach”
Amortization – This is an accounting technique, used for tax planning purposes, to periodically lower the book value of a loan or an intangible asset over a set period of years. This is accomplished by monthly lowering the intangible asset value on the balance sheet by a specific amount and… Read More »Delta Tuesday Term – Amortization
Nationally, 50% of respondents said they are now ready to return to in-person events with proper Covid-19 safety precautions in place. Another 21% said they’ll be ready in a month or two. Only 10% of respondents said they’ll need six months or more before they are comfortable. The Business Journals… Read More »53% in Phoenix Ready to Return to Live Events
“Don’t be intimidated by what you don’t know. That can be your greatest strength and ensure that you do things differently from everyone else.” ―Sara Blakely Sara Blakely Sara Treleaven Blakely (born February 27, 1971) is an American businesswoman, entrepreneur, and philanthropist. She is the founder of Spanx, an American …… Read More »Monday Mojo – Sara Blakely
During his campaign, President Biden proposed tax changes that could have a significant impact on business owners. Any business owner contemplating an exit in the next few years should consider how potential tax changes could reduce their net proceeds from a sale. If the tax plans come to fruition, the… Read More »Proposed Tax Plan Pushing Business Owners to Market