News

NEWS

COVID-19 UPDATE

We hope that during these challenging times you and your loved ones are safe and well. For many of us, the prospect of buying or selling a business may be the last thing on our minds and this is understandable. We look forward to working with you when you are ready.

Amid the ongoing and quickly changing COVID-19 outbreak, our team members are working from home and doing all we can to deliver the levels of service and expertise you expect from our company. It’s our goal to work for you in the same manner we always have even as we all adjust our day to day activities. If you would like to discuss your business interests feel free to contact us by phone or email, we can even schedule a live video call!

For our clients that have concern about the potential economic effects of COVID-19 on your business, the SBA Economic Injury Disaster Loans offer up to $2 million in assistance for small business. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue you may be experiencing due to COVID-19. Go to SBA.gov, go to Funding Programs; then Loans; then Find Lenders. Complete the form. Or Call 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail disastercustomerservice@sba.gov.

As always, please don’t hesitate to reach out if there is anything we can do for you. We all wish you the very best health in the coming weeks and months.

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BizBuySell’s Year End Insight Report Reveals a Positive Year for Small Business Owners and Bright Outlook for 2020

The report, a nationally-recognized economic indicator, aggregates statistics from business-for-sale transactions reported by participating business brokers nationwide. Each year, BizBuySell, a subsidiary of CoStar Group, analyzes sale and listing prices of small businesses and reports changes in closed transactions, multiples, and other gauges for the small business market.

In total, 9,746 closed sales were reported by brokers in 2019, a 5.5 percent decrease from the 10,312 deals reported in 2018, which set the BizBuySell record for the most transactions. While full-year activity slowed compared to 2018, Q4 transactions bounded back to positive growth and levels remain historically high.


Click Here to Read the Full Article.

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IBBA Presents Dustin Zeher with Two Prestigious Awards at Annual Conference

June 2019 The awards included the Chairman’s Circle Award for closing one or more deals amounting to $3 million or more in total purchase price and the Deal Maker Award for selling at least 10 qualified businesses during the 2018 calendar year.

Click Here to Real the Full Release

 

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