pdakin

Perhaps you know the terror:  I have so much to do! Yesterday I met with a lovely lady considering starting a business.  It could be buying a business or running a business.  It is all the same.  There is a ton to do. Break it into small pieces.  Take it one step at a time. In the case of (lets call her) Sue she has been considering this action for quite some time, [...]

When was the last time you were in a phone booth?  It has been awhile for me as well but there is business wisdom worth telecommunication in this story: Recently an article explained that if you are in a phone booth and money is being blown around, some singles and some in clumps, it is best to try and catch the singles, very deliberately, than go for the big bunches.  The latter is [...]

It is only the end of January and already, it feels more robust than last year.  There are more contacts from prospective buyers. Business owners are talking about their business picking up.  For some waiting a couple of years until they can show some history of improving net-to-owner will be the proper course before listing.  It would be a great practice to meet with a broker now, learning what the value considerations are.  [...]

Sellers and buyers of businesses don't necessarily understand the differences between the unique practices of business and real estate brokers. The two practices are unique, using different methodologies. However, the real estate regulations are good ones to have as guidelines for what I do. Business brokering has its own nuances, ones that many real estate professionals (RE) don't know.  Thus a perfect partnership opportunity exists to work together. There are a number of [...]

Once you have purchased your business in New Mexico, if you are just moving here, it is time to begin the home-shopping experience.  Obviously you should wait until the business work has settled in.  Getting to know the residential environment first would be a good thing. In the New Oxford American Dictionary on my computer the word enchantment, noun form of enchant,  is defined as  “fill (someone) with great delight; charm,” e.g.  Enchantment [...]

As part of my work, I am a member of ActiveRain.com.  It is a blogging site for real estate professionals and related.  This morning I read the following blog by Timothy George, a mortgage person from Arizona. Tim's Blog Because I always find more experienced peoples' perspectives on web searches, social media, and blogs helpful, it could be for you as well. Tim's perspective is related to his real estate related work, particularly [...]

This entry is a continuation of my last, National Association for the Self Employed Organization member recommendations for business owners. The summary was found in the January-february 2011 issue of Self Employed It is always good to under promise and over deliver If you can’t enjoy it, you shouldn’t be doing it Don’t bring your work home Respect the people in your environment Develop an internal support system Learn from the past and [...]

Like my last blog entry, this too comes from the National Association for the Self Employed Organization, January-February 2011 magazine, Self Employed. Each of these are from members of the organization: Have vision but remain flexible Be unreasonable If at first you don’t succeed, try, try again Hire a personal assistant Do not skimp on legal representation Pay attention to customer service Try many ideas, see what sticks Pay attention to what is [...]

The National Association for the Self Employed is an organization I belong to, one that provides information and resources. The January-February 2011 magazine, Self Employed, has a number of great uplifting points about our future: “The recovery will start to ramp up in 2011, then really expand quite strongly in 2012 and 2013,” Says Sophia Koropeckyj, managing director of industry economics at Moody’s analytics. And, most economists concur. “Medium and large companies have [...]

One of my means of learning, meeting new people, and finding leads for businesses to sell or buyers for businesses is to network. This past Friday was such an opportunity. At my lunch table were two people. In this blog entry, I want to feature one of them and the business he does. You, your business, and the community could benefit from his services. Eric is a younger-than-me gentleman, now living in Santa [...]