Michael F. Coyle Earns Certifiied Exit Planning (CExP™) Designation Franconia, NH 2/23/2012: Michael F. Coyle, CBI, CExP™, member of The BEI Network of Exit Planning Professionals™, recently earned the designation of a BEI Certified Exit Planner (CExP™). The BEI CExP™ designation is the standard for Exit Planning certification. Through training, rigorous testing and in-depth Exit Plan…
In my years as a business broker, I have occasionally experienced the sad situation of business owners who waited too long to sell their businesses. These business owners all had different circumstances and situations, but all left their business in less than optimal scenarios. One of these sellers, we’ll call him Al, established a family…
First, a look back at 2010: In December, 2009, major hospitality research firms were forecasting a continued, but very slight decline in hotel performance for 2010. Now that the year is over, we see that recovery in the hotel industry in 2010 was far superior to the original predictions: 2011 and 2012 Predictions from STR…
Happy New Year!! Did you make any New Year Resolutions? Exercise more? Eat healthier? Spend more time with the kids? How about New Year Resolutions related to your business? Will you make a commitment to improve your business in 2011? Can I offer you a challenge for 2011: Resolve to keep accurate, timely financial records….
A Summary of Positive News and Statistics from the Lodging Industry! By OJ Robinson Increasingly good news and positive statistics are being reported by the lodging industry based on year to date performance in 2010. We all know that the 2008-2009 period was devastating for our industry: US Occupancy: down 14% ADR: down …
Strategies for Small Business Owners to understand, maximize and realize the full value of their business upon exiting.
By: Raymond Pucci, CBI Business owners and managers often look to understand and assess current and future business conditions, as well as trends in their markets and industries. Every day, the immense volume of business news and data, financial reports, and economic forecasts makes us feel like we are drinking water from a fire hose….
The importance of keeping business buy-sell agreements and valuations up to date.
