Advice Is Not Always Appreciated

Apr 4, 2014 | General

If you have kids, especially teenagers, you understand the meaning of this title. We can’t help it! As parents we have to try to help. And, in our experience as business advisors, many times Entrepreneurs can act like teenagers too. Business advisors sometimes sound...

Sellers are in the Drivers Seat

Mar 14, 2014 | Must Knows About Business Sales

We at Apex are very familiar with the tension between securing the highest price for a business, and not getting it sold. 2013 Survey results* indicate that one in three businesses will not sell within a year of listing.  Further, business brokers indicate that 40% of...

Easy Way to do a Deal

Mar 7, 2014 | General

Easy is relative, but once in a while we are involved in deals that are refreshing. In a case this week, we closed on a transaction that worked out very well for both sides. What started out as a typical purchase with delays and a long list of to-do’s ended smoothly...

What if Interest Rates Rise?

Feb 28, 2014 | General

With all of the excitement of buying a business, variable rate loans can sometimes add some anxiety. Loan terms vary from bank to bank. Generally, interest rates on a 10-year SBA loan will adjust quarterly as a function of the prime interest rate — typically prime +...

Successful Closing Through Probate

Feb 20, 2014 | General

Closing on a deal through Probate Court? Yuck, and Yes, it was a successful closing. However, the process was extremely difficult on the buyer and the family of the deceased owner who were left with the challenge of the transition. Since an estate plan had not been...