4 Reasons Why It’s better to Own a Big Chunk of a Small Company
Is it better to own a big chunk of a small business or a minority stake in a big company? It’s one of the fundamental questions all owners must wrestle with. Owning a relatively small slice of a big pie has worked out well for both Elon Musk and Jeff Bezos, who recently traded places […]
Peckin ‘ Away (August)
By: Carl Grimes CBI Founder/Chairman Seems like I spend hours every day on the phone. Sometimes the calls are mundane but every once in a while a ‘brain burp” comes and that happened today while visiting with a business owner in Conway. He was telling me about his business plan, which includes franchising his service. He said […]
Build Value by Selling Less Stuff
By Dave Godwin You’ve likely heard the adage that it is far easier to cross-sell an existing customer a new product than it is to find a new customer. And if your goal is to grow at all costs, then cross-selling makes sense. However, all of that sales growth may not do much for the […]
Sold – Adams Truss
Pictured left to right, Sellers Pat and Dale Adams and Diana Hartfield, CBI Senior Intermediary Carol Gresham and Buyers Mike and Lauren Fields The sale of Adams Truss has successfully been facilitated by CBI and Senior Intermediary Carol Gresham. Adams Truss is a well-established Gentry Arkansas steel truss building company located on Hwy-59. Pat and […]
How To Keep Your Business In Fighting Shape
As the crazy world that is 2020, draws to an end we are all asking ourselves, what could possibly be next? It’s true. There are a lot of unknowns. And that’s true for each year. We can never predict exactly what’s in store for the year ahead. No one can foresee the future. I’ll wager […]
Need Financing Support? Contact CBI To Learn About Loans For Business Program
CBI’s proprietary Loans4Business (www.loans4biz.biz) program continues to make the dream of business ownership a reality. Whether you are interested in exploring acquiring a business or accessing working capital for your existing business, this is a great resource. CBI Team’s Loans4Biz is a program available to anyone needing helping with a business acquisition loan, explained program […]
3 Tips for Selling Your Business
By: Aspen Grams, Marketing Strategist Many Baby Boomers left the grind of the corporate world to start their own businesses and live their version of the American dream. Now that those dreams have come to fruition, trillions of dollars worth of businesses are expected to transition within the next 10 years. However, without an accurate […]
6 Tips to Add Value to Your Business
By: Aspen Grams, Marketing Strategist The baby boomer generation continues to age. As a result, we’re seeing a steady increase in the number of business owners choosing to exit their business and enter retirement. If you’re planning to sell your business, knowing the value of your business is key. It ensures you receive top dollar […]
2019- A Great Year to Sell or Buy a Business
The shape of the economy changed for the better over the past year. The current administration reduced regulations on small businesses, unemployment dropped below four percent, and banks opened their checkbooks further as a result of strong economic confidence. If you are looking to sell or buy a business, 2019 might be one of the […]