State of Minnesota Main Street COVID Relief Grants Applications Open on September 20th, 2021 at 10am CST. Business owners: the State of Minnesota is opening a portal for a new program which will make $10,000 - $25,000 grants to Minnesota-owned and-operated businesses that can demonstrate financial hardship as a result of the COVID-19 outbreak. The...
Unless you’re operating a cash-only business, you need a payment processor. This statement holds true regardless of your company size or industry. If you’re accepting credit cards, a processing company is the only way to make that happen.Simply put, all payment processors are not created equally. Rather than choosing the first option that comes to...
Principle America Co., a subsidiary of Tokyo-based digital marketing company, Principle Company acquired Eboost Consulting out of San Diego on August 3, 2021. Eboost will bring its award-winning services across Paid Search, Paid Social, and Amazon advertising along with the deal. Principle’s plan is to have Eboost provide its social media advertising and consulting services...
Many states eased or eliminated mask orders in May and June after the U.S. Centers for Disease Control and Prevention (CDC) said fully vaccinated people — those who are at least two weeks past receiving their second Pfizer or Moderna shot or the single-dose Johnson & Johnson vaccine — can safely forgo face-covering in most...
As your successful business grows larger and matures, you should always be on the lookout for forces that can diminish its value. New companies and competitors constantly aim at the top dog by identifying and exploiting weaknesses. To mitigate this constant threat, you should do two things. Identify what makes your company valuable.Protect those assets...
The Third of Four Installments in our Series: Managed Service Providers Managed Service Provider companies can be sold for a premium in today’s market.Managed Service Providers (MSPs), sometimes referred to as IT Service Providers, come in all shapes and sizes. In the “Businesses-for-Sale” marketplace, MSPs are generally considered to have less risk and greater growth...
One of the most important skill sets that successful business owners have is the ability to be ready for just about anything. The key to doing this is being agile. Let’s look at what an agile framework looks like, why it matters, and the differences between waiting for perfection and being agile in your business planning. The...
Valuing your business for sale properly is critical before you decide to sell. There are a lot of things to consider. All business owners will consider selling their business one day. And there are a lot of reasons why. As a business owner considering alternatives for transition, you may not have family members ready and...
Chris Jones, President of Sunbelt Business Advisors and Kirill Graminschi, Associate at Sunbelt Business Advisors discuss topics including: What will you do after you exit your business?Price, terms, taxes – it’s what you NETWhat are your value drivers? Why do similar size companies in the same industry sell for much different prices?Valuation: Purchase price vs....
