article thumbnail

4 Best Business Brokers To Sell A Business

YoungUpstarts

The advantages of a dual agent is that this person is already working with buyers, so they most likely already have someone in mind to possibly purchase your business before you even list it for sale. What it means for a seller is a quick and easy sale because those buyers are already qualified with financing in the works.

article thumbnail

On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I know that most people who are close to them tend to deny their existence, as we saw in the great housing bubble of 2002-2007 and the dot com bubble of 1997-2000. That happened a lot in 2002 and again in 2008. I believe a bubble occurs when a market is willing to pay greater than intrinsic value for an asset class. You feel it, too.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Marketing and Growth Lessons for Uncertain Times

ConversionXL

In 2002, McKinsey published a study of 1,000 U.S. The HBR study contrasts Office Depot and Staples during the 2000 recession: Office Depot cut 6% of its workforce, but it couldn’t reduce operating costs significantly. He continues: It’s OK to continue to operate. What the big studies have shown. Why brand matters more than ever.

Marketing 121
article thumbnail

Cash control during these strange times

Berkonomics

And these are indeed strange times, especially if you haven’t lived through 2000-2002 and 2007-2008 recessions and difficulty in finding money from banks and investors. A shocking example of operations affecting cash control. And profits from the sale of the product create cash for development of the next product.

article thumbnail

How To Fund Your Business When A Bank Loan Isn’t An Option

YoungUpstarts

It means you can cover unexpected costs, replace equipment, buy more stock to increase sales, or simply boost cash flow during a difficult month. Operating entirely in the digital space, their lower overheads compared to traditional banks means they offer lower interest rates for borrowers. Here are a few: 1. Peer To Peer.

Security 214
article thumbnail

What to Do When You Need a Disaster Loan

Up and Running

This type of loan is unrelated to physical damage; this is about the cost of being closed and losing sales. Make sure you’ve considered what you plan to do should critical components of your operation be destroyed. EIDLs are intended to help you meet the financial obligations that you may now suddenly be unable to pay for.

SBA 83
article thumbnail

Cake Over Heels – In Love With Baking

YoungUpstarts

It’s easy to see why – aside from a large industrial kitchen, their current facility also comprises a classroom for cake decorating classes, as well as sufficient seating space for his cafe operations. He’s also spending more of his time on operations as opposed to cake-making. Customized Cakes.

Singapore 234