Should I start a franchised business? This is what I was asked recently. So I received a communication from my favorite online business broker today. To my surprise this had to do mostly with franchises. They were pushing a...
Read MoreI was intrigued by an article on and individual and his business and his book (Boss Life) today. They all deal with the same subject: small business failure. Specifically his business which, after thirty years of struggling, apparently is always on the verge of shutting its doors.
Read MoreThe summary will have one or two paragraphs about the business and some summary financial information, while the CM will be structured as a typical business plan with some modifications to reflect the sale of the business. The CM can run 50 to 100 pages with complete financial information.
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Does anyone really know what a cash flow loan is? When I work with students I teach how to procure loans on an asset based basis. You need assets for an asset based loan. But a cash flow loan is theoretically different.
Read MoreI am pleased to present this lender’s case study which was submitted to me by Donald Rudnik, whose full contact info is listed at the bottom of this post. This is written from the lender’s viewpoint and recounts the buyout of a bigger company by a smaller company, both underperforming.
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