Business and Finance Guide

Posted on Sunday, 9th January 2011 by Jana Sanders

As the economy began to show signs of improvement in 2010, the number of closed business-for-sale transactions increased – welcome news for entrepreneurs who are hoping to go on the market in the new year.

As the economy began to show signs of improvement in 2010, the number of closed business-for-sale transactions increased – welcome news for entrepreneurs who are hoping to go on the market in the new year.

According to BizBuySells Insight Report, the number of businesses sold last year increased by 3 percent. The report also predicts that this upward trend will continue into 2011 as credit eases and the number of buyers increase.

“Spurred on by a strong showing in the fourth quarter, the business-for-sale market showed some promising signs of recovery heading into the New Year,” said Mike Handelsman, group general manager for BizBuySell.com and BizQuest.com.

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Tags: 2010, Sale Transactions
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Posted on Friday, 24th December 2010 by Charlotte W

Fully privatizing the secondary mortgage market might not protect taxpayers from having to once again underwrite major losses in the mortgage market, the Congressional Budget Office (CBO) has warned.

In a new analysis of the role of the federal government in the mortgage market, the CBO determined that eliminating Fannie Mae and Freddie Mac might not get rid of the major problems commonly associated with the two government supported enterprises (GSEs). In particular, it said the “moral hazard” associated with the government’s implicit guarantee of Fannie and Freddie loans might be extended to a fully private secondary market if it were regarded as too critical to be allowed to fail.   Eve Read more…

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Posted on Thursday, 23rd December 2010 by Charlotte W

The ECB has just announced a EUR 5bn increase in its subscribed capital, which will almost double the existing amount to a total of EUR 10.76bn. The decision and the size of the increase were correctly anticipated by press leaks in the last few days. Importantly, the decision to hike capital stems from an assessment of capital adequacy conducted in 2009, i.e. before the beginning of the Securities and Markets Program. This means that government bond purchases carried out since May seem not to be the specific reason behind today’s decision. Rather, the ECB links higher capital needs to a generalized increase in the riskiness of its assets due to the heightened volatility in FX, interest rates, gold prices, and credit risk. Read more…

Tags: Eur 5bn, Increase
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Posted on Wednesday, 22nd December 2010 by Jana Sanders

Retailer says entrepreneurs can save money in many ways

One of the leading retailers of refilled ink and toner is giving small businesses advice for cutting costs and increasing profits in 2011.

In a recent statement, Cartridge World said that by making a few minor changes, small business owners would be able to keep expenses low and have more money to buy items for business needs. The advice includes buying used office equipment, using rewritable CDs and DVDs, printing on both sides of paper, turning off all equipment when you leave the office and taking advantage of bulk rates when shipping or mailing.

“The state of the economy is still a primary concern for most small business owners,” said Tom Fricke, CEO of Cartridge World regarding the news for small business owners.

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Tags: Business, Small Business
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Posted on Tuesday, 21st December 2010 by Mark Chambers

The U.S Small Business Administration has recently renewed an initiative that guarantees $560 million of loan grants to private parties and small businesses operating in the US for more three years. This grant is guaranteed to more than 7,000 veterans who are running small businesses.

An enhanced guarantee is being provided by the Patriot Express, a pilot loan product that is based on the agency’s SBA Express program. The reduced interest rate on loans thus is confirmed for small businesses that are owned by veterans, reservists and their spouses.

Such loans are offered by participating lenders and it ranges up to $500,000. This amount then can be used for any business purposes that include start up, working capital, expansion, inventory, buying equipment and real estate.

The local SBA district offices come up with a list of Patriot Express lenders. A

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Tags: Small Business, Years
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