As business models have evolved over the recent decades, increasingly most every relationship has been defined as being a customer relationship.  Business buyers and sellers are no exception.  I love this trend it seems so much more civil and more likely to result in good things – everyone working together to – whatever. This is [...]

In 2010 Philip and Kim Spiers bought Tom Taylor Custom Belts Buckles and Accessories, 108 East San Francisco Street, downtown Santa Fe in the historic La Fonda Hotel.  This 26-year-old establishment was started by Tom and Jean Taylor and had a strong brand of high-end buckles and belts.  When the Spiers purchased the business it [...]

Recently, I was asked to write an article for the Finance New Mexico.  Holly Eakes, of The Holly Company provided some of the content.  Today I found content in an email from Antonio Lopez,  Santa Fe Financial Advisor with Merrill Lynch.  This is complementary information about preparing to retire. The article:  Early planning can help [...]

The business owner’s dream, early retirement – In the end, almost every owner wants to sell his or her business.  Many want to sell it at a price that will pay them in retirement what they earned while working.  Few do.  One must plan way in advance to sell and earn the same.  Earning the [...]

A buyer and I were discussing a possible partnership with the selling business owner.  Because I am neither an accountant nor an attorney, I always demure from making structure recommendations but I certainly have opinion on things that should be included.  This is a quick list made for the buyer.   Perhaps you have other contributions. [...]

Don’t you find that sometimes it is better to take the road of least resistance? My short and sweet example is a need to identify a gift for a client., Rainforestbaskets.com.  I had decided on an engraved garden stone with an image and text, using their fonts and images.  In the end the stone was [...]

We have all seen it happen.  A great business goes south.  The going south can be due to a number of situations – change in trends, economy, embezzlement  (way too much of this for sure,) illness, mismanagement of records, too little capital to support needs, not keeping one’s eye on the ball (aka business.) It [...]

In two listings of businesses for sale this year, the owner(s) have consistently presented as very bright, operating not just any business but each a business with some unique features, though not necessarily complex.  Obviously complex is in the eyes of the beholder. As I worked with each business and a couple of buyers, it [...]

People have different styles for sure.  Adaptation, perhaps particularly for the anxious seller, could be a key for success. Overwhelming a buyer can push him away, thinking this business is too difficult for me or, if not too difficult, just way more than what I was interested in.  Among the roles a broker can have [...]

Included in the practice for my client buyer is interpreting their interest and capability for purchase; preparing a packet to represent the buyer to potential sellers; identifying prospects and securing their agreement to consider acquisition; investigating the selling firm’s condition and value for purpose of offer; preparing and presenting the offer; negotiating the offer for [...]