Michael F. Coyle Earns Certifiied Exit Planning (CExP™) Designation

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…

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A Summary of Positive Signs & Statistics from the Lodging Industry

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 …

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The Cold Winter Air is Coming…

The cold winter air is coming. Will you complain about it, or use it to reduce your electric costs?  For supermarkets and convenience stores, utility costs have become a major focus in reducing expenses. After labor costs, utilities are generally the greatest expense for convenience and grocery stores. Many store owners are turning to “green”…

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Updating Buy-Sell Agreements and Business Valuations

The importance of keeping business buy-sell agreements and valuations up to date.

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SBA Small Business Lending Bill

The Senate Small Business Committee will mark up S. 2869 next Thursday, December 17th.  Highlights of the legislation include: Increase the loan limit on 7(a)* loans from $2 million to $5 million. Increase the loan limit on 504* loans from $1.5 million to $5.5 million. Increase the loan limit on microloans from $35,000 to $50,000….

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STR Predicts Good News in 2011

By OJ Robinson As part of its monthly forecast program, STR (Smith Travel Research) is projecting the US Hotel industry will report increases in all three key metrics in 2011. STR’s forecast projects 2011 occupancy to be up 2.4 percent to 56.2 percent, average daily rate to increase 3.0 percent to US$96.81, and revenue per…

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Tourism: Cautious Optimism

By OJ Robinson, CBI There are several signs that give area hospitality properties reason for cautious optimism for the near future. After a 2009 summer season that was disappointing for most area operators, a recent survey suggests that leisure travel will improve during the holiday and winter seasons. According to a recent press release from…

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