Expert Panel® Forbes Councils Member No matter what their primary motivation, an important goal of every entrepreneur is to make money. And often when someone first starts a business, most of their focus goes into tracking sales and revenue. While these metrics are crucial, there are other telling financial indicators a new business owner needs...
Winsupply Eyes Distribution Expansion for its Fifth Acquisition of 2021 Winsupply Inc., a supplier and distributor of various residential and commercial construction and industrial supplies and equipment, acquired Clausen Supply out of Clinton, Iowa on September 2, 2021. Clausen serves as a main distributor in the HVAC industry in the eastern Iowa region. Jon Clausen,...
Larry Carnell explains important tax and estate information for all current and future business owners. [embed]https://www.youtube.com/watch?v=ZvnwCEdNz1g[/embed] Disclaimer: Sunbelt Business Advisors and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal...
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...