I know of a fantastic confection retail concept with one location that wants to sell but is having trouble in this economy, and cannot find any business brokers in her area. Are you aware of any small business resources that this owner could utilize to garner more attention from prospective buyers?
I own a company that I would like to sell in the next few years. However, I have no idea how to go about doing so or what price to put on it. Could you steer me to someone that could give me some help, or at least give me a value for my business?
We are extending our business into the field of online marketing. I'd like to name the company after myself, but I'm conflicted. Is naming a marketing firm after oneself OK? Is there a better strategy?
I read your story "Quick Tips: 6 Tips for Names That Stand Out" with great interest. However, I’m still having trouble choosing a name for my consulting business. Can you please comment on how to arrive at a name if you own a service business?
I've been exploring starting a socially-conscious venture and weighing the benefits and limitations of for-profit and nonprofit firms. So I read with interest about VisionSpring's prospectus in your story: "Starting Up: Funding Your Social Venture." Are you aware of their results or any other examples of nonprofits employing their fundraising methods?
I am a social worker by profession. So, starting up a nonprofit makes the most sense to me. However, I truly believe that what I have to offer can be profitable and altruistic. I need some guidance, once and for all, so that I can really move forward with my business.
After reading your story, "Starting Up: Older, Wiser Entrepreneurs," I certainly see the advantages that older individuals have in starting up a business. However, I’m wondering about the advantages a younger entrepreneur might have. Any thoughts?
In the case of a sole proprietorship, can the first-year 50% bonus depreciation still be taken if it puts the business into a net loss situation? Also, can the loss then be used to offset and reduce tax liability on other income? The Section 179 deduction typically seems to preclude this.
