Former Senator Lincoln on Small Businesses

Former U.S. Senator Blanche Lincoln on Bloomberg Radio

On May 25th, Former U.S. Senator Blanche Lincoln was interviewed on Bloomberg Radio about the impact of federal regulations on small businesses. In particular, Senator Lincoln describes a small-business owner who runs a long-term care facility in Arkansas and was fined $10,000 for a dented can of peaches and a leaky faucet in the janitor’s closet. At the end of the report, the anchor, John Tucker, said the number of federal regulations increased by 8% in 2010, and there are now over 4200 regulations pending.

Listen to Senator Lincoln on Bloomberg Radio Interview.

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ABG To Attend IBBA Conference, San Antonio Texas

Is your broker a member of the International Business Brokers Association? We’ll be attending our annual conference in San Antonio, Texas this June to network with our global colleagues.

Relocating out-of-state or from another country? Contact us to discuss our broker placement program.  We will introduce you to IBBA BUYERS brokers located in your destination state who will help set you up for success!!

 

Homework for Future Business Sellers

I came across this article written by a business transactional attorney up north.  If you are thinking of selling your business in the next few years, do your homework and read this now.  If you prep properly now, and hire the right business broker when the time comes to go to market, you’ll be ahead of most sellers. Buyers are looking for a business that cash flows, has the records to back it up, systems, good staff and a general tight operation.

Preparing Your Business for Sale: 10 Steps to a Profitable, Hassle-Free Sale

SOLD Running Store in Central Florida

4-year-old running and fitness retail shop servicing Orlando’s runners, cyclists and triathletes.  Interested in selling your business in Central or West Coast Florida? Contact us today to learn more about our free valuation services.  Know where your business stands before going to market to command a higher sales price. Ring us at 407-367-0100.

Help Milton Buy a Wheel Chair

To the residents of Downtown Orlando –

Though you may not know him by name, you likely have seen Milton on Orange Avenue spreading good cheer.  I first met Milton 7 years ago when we first moved to Orlando.  He uses his wheelchair to travel from his home to Downtown everyday and it’s time to replace his wheels.  Help him help our community.

To learn more about his fascinating story and help a good neighbor this Christmas season:

http://miltonmcknight.com/past.html

Thank you and wishing you all a very merry Christmas and happy (and healthful) New Year!

ABG in Phoenix – IBBA Conference

 

We’re in Phoenix this week gearing up for the International Business Brokers Conference (IBBA). When interviewing brokers, ask if they are a member. The IBBA offers a code of ethics and ongoing education to business brokers.

To learn more about the IBBA, check out their site, IBBA.org

Small & Independent Business Owners Speak Out

We do not need more regulation, just sensible regulation to keep the public safe and enable owners to continue to employ Americans.

Along with three other Florida business owners, I had the opportunity to speak to Dr. Rich Swier of the Sarasota/Tampa-based “Dr. Rich Show” radio program and my thoughts on the Frank Dodd Act and folks’ difficulty in obtaining banks loans in this current economy.

Listen here: http://bit.ly/sUENbz

NEW LISTING – Running Store for Sale, $85K

One of Central Florida’s premier running stores is now available for sale! A staple stop-by for Orlando area runners and walkers, highly trained staff utilize state of the art shoe fitting technology to ensure the best shoe and fit for each customer and offers a wide array of apparel. Featured vendors include Asics, Brooks, Adidas, Saucony, Mizuno & New Balance. Business continues to grow during these tough economic times and is a great opportunity for an owner-operator who is a fitness enthusiast.