Ok…So you want to buy a day care business. Where do you start? You love kids and you want to play a role in the development of the next generation. That is a very noble decision. A day care business is an integral part of the community. You know the competition and you can do it better! For whatever reason, looking for a day care for sale is a conscious decision that requires personal dedication. Understanding who your clients are is especially important when considering a day care business.
There are several unique aspects of purchasing an existing day care business. The typical things you include are Continue reading ‘Buying a Daycare… How Does it Differ from Other Businesses’
Bars For Sale! Is the Bar Business Right for You?
Should I Sell My Gas Station?
Selling a Restaurant, Not an Easy Decision
Follow Your Own Interest When Looking for Stores…
Ask a seasoned profession about the benefits of buying vs. starting a business.
Having Agents assist with your Due Diligence..
Concentrated- Via Jesse Turner MBA
Most of you reading this consider yourself- organized, disciplined, focused, goal-oriented, and ambitious- or maybe at least a one of these. But these adjectives do not imply results.
Many of us constantly think of an ideal. We have ‘goals on our mind. But often this is in a whimsical fashion. And with so many things vying for our attention, it is difficult to concentrate on the task at hand. We have multiple goals we are working towards simultaneously. Life goals, family goals, work goals… And then we have media- everywhere it can be conceivably input- it will be there to catch your attention.
A skill of the uber successful is the willful control and direction of thought. My quick tip today:
BLOCK OFF TIME- And I mean truly block off time. Completely immerse yourself into the task at hand. Ignore everything else. Emails, phone calls, people walking by your cubicle. Do not even look up. Focus on the objective. You have work to be done- Now do it. Embody the Nike spirit- “Just Do It” and nothing else. Let no thought enter your mind. Inevitably other minutia will encroach on your Block of task time. If you truly pay attention, you will notice how often your mind drifts and loses it concentration. But to get what you want in life- today, not tomorrow- to be most effective: CONCENTRATE.
If you are not a business owner, you certainly know of someone who owns a business. It may be big or small but a lot of pride has indeed been put into it the operation. People are passionate about owning their business. The thing is- how do we protect ourselves from the wolves in this litigious society. A strategy that I discovered last week is to place your assets and equipment in a separate entity (LLC, S Corp, C Corp). Two things will happen: 1) you will lower your taxable income by renting the equipment to your new formed leasing company and 2) you will eliminate a degree of risk of suit. This is only an additional layer of securing your wealth/asset/business and you should consult an attorney regarding your specific situation.
HOLLYWOOD, Fla. – Sept. 1, 2010 – Real-estate developer Lon Tabatchnik has ambitious plans for a $131 million, Margaritaville Resort on Hollywood beach that could create thousands of jobs. But with bank financing tight, he’s looking to a nontraditional source of funds: foreign investors who want to live in the United States. Continue reading ‘Florida developers look to foreign investors for funds’
The economy, job loss and increased competition for promotions and new jobs have all contributed to the trend of older people (55+) making the decision to start a business.
Older entrepreneurs have the advantages of time and experience on their side when it comes to starting a new business. But on the other hand, they may face a wide variety of challenges, including higher technological learning curves to use popular social media sites. (e.g., Facebook, Twitter, LinkedIn, Plaxo). Continue reading ‘Think You’re Too Old To Start a Business?’
Start a Small Business
Owning their own business is a dream many Americans share, and learning how to start a business is not that difficult. There are certain steps that must be taken for legal and financial purposes, and other aspects that need to be addressed to ensure that you will be successful. The following start business checklist should serve as a rough guideline; your specific needs may vary depending upon the type of business you plan to operate. Continue reading ‘How to Start a Business: Checklist for Starting a Business’
WASHINGTON – July 13, 2010 – Federal Reserve Chairman Ben Bernanke urged banks to make more small-business loans, but many businesses say the real problem isn’t financing – it’s lack of business.
Speaking Monday at a Federal Reserve meeting on financing small businesses, Bernanke said some creditworthy businesses “have had difficulty obtaining the credit that they need to expand and, in some cases, even to continue operating.” Continue reading ‘Bernanke urges more lending to small businesses’
MIAMI – July 8, 2010 – Finding traditional bank financing for a mixed-use project in Hollywood, Fla., was highly unlikely in the midst of today’s credit crunch.
That’s one reason developer Charles “Chip” Abele turned to an investor visa program as an alternative financing vehicle.
Abele and his partners in the Gold Coast Florida Regional Center are launching efforts to attract foreign nationals to invest in real estate projects, as a way to secure a green card. Continue reading ‘Developers aim for foreign capital via investor visas’