Any new market entry program should be designed to increase your chances for success in the North American marketplace. To succeed, develop individualized strategies based on proven strategy techniques and policies. Then it is necessary to support those entry strategies to successfully implement. Due to the sheer size and diversity of the USA (and North America), a company attempting a market entry cannot simply and without local market knowledge choose a strategy, operational business platform and location. Many factors must be considered, including real estate, the labor market, the regulatory environment, local taxation, operational logistics, manufacturing and sourcing potential, proximity…
SBA Loans Help Finance Small Business, #2
This is a continuation of the last post, which primarily focused on the SBA 7(a) program. Here I’ll discuss other SBA lending programs. Because SBA loan guaranty requirements and practices can be change by the government at any time, it is important for applicants to obtain current and accurate information. This article is merely intended to help a business owner ( potential borrower) start thinking about these programs. You must do your own investigation and research. The information here is not to considered legal or financial advice. Just a prompt to start thinking about the topic. CDC/504 Loan Program The…
SBA Loans Help Finance Small Business, #1
In challenging times, small businesses can look for liquidity and financing in many places. The various SBA loan programs are one of the better places to search. Because SBA loan guaranty requirements and practices can be change by the government at any time, it is important for applicants to obtain current and accurate information. This article is merely intended to help a business owner ( potential borrower) start thinking about these programs. You must do your own investigation and research. The information here is not to considered legal or financial advice. Just a prompt to start thinking about the topic.…
What is an Alternative Investment?
Alteris LLC provides consulting services to those investors considering putting their capital to work in the sometimes ambiguous Alternative Investment (AI) asset class. We have worked on a wide variety of types of projects though most are in private equity and venture capital. Some of these could be considered rather non-mainstream including complex derivatives, a mega farm in Brazil, and innovative technology start-ups in Africa among others. Though most have been located in the USA and Europe. Alternative Investments as a category are defined differently by different people. Here is our attempt at it. Generally, an Alternative Investment can be…
Beware the Avalanche
Small Business Owners have often seen it all. If your company is older than ten years, add in the business cycle to the long list of things that compromise “all”. But here may be something unique that these owners have not seen yet, at least at the level of magnitude that seems to be on the horizon. Consider this in you are thinking of moving on from your business. There may be an avalanche of business owners attempting to leave or exit their business in the coming years. 8,000 people turn 65 every day. This has been going on since…
What Makes a Company Sell Quickly? Or at all?
The rule of thumb in the business brokerage world is that only 20% of companies sell each year. This means that 80% do not. Is your business in the top 20% or bottom 80%? If you are interested in selling in the middle of an economic crisis, the chances of selling your company are even lower. There are certain things a business owner can do to make their company sell faster. Or even sell at all. To start, the seller should know what buyers often look for. What are some of the things buyers look for? Good quality sales and…
Which Business Broker or Investment Banker to Sell Your Business?
You only get one chance to sell your business. That’s ONE chance to cash in on your most important asset. One chance to be rewarded for your life’s work. According to the New York Times, 80% to 90% of businesses listed for sale with a business intermediary never sell. No doubt there are many factors that contribute to this that are outside of your control – the economy, the market, and the industry to name a few. The one thing that you can control – hiring the right advisor that will act in YOUR best interest. If you see any…