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Interview with Puppy Cake Founder Kelly Chaney As Seen on ABC’s Shark Tank

Interview with Puppy Cake Founder Kelly Chaney As Seen on ABC’s Shark Tank

Entrepreneur Kelly Chaney of Pittsburgh Pennsylvania was kind enough to sit down and answer questions about the growth that she and her company have experienced since taping and appearing on ABC’s Shark Tank.  If you are interested in ordering Puppy Cake, you can find it in Retail Stores, the Puppy Cake Website and on Amazon. Just Elementary: How long were you actually in front of the Sharks? Kelly Chaney of Puppy Cake: I wish I could remember how … Read entire article »

Filed under: Business Tips

Counter Offers & Business Valuation Calculations on Shark Tank Finale

Counter Offers & Business Valuation Calculations on Shark Tank Finale

First into the Shark Tank was Ryan Custer of Cougar Limited.  Ryan Custer was asking for $150,000 in exchange for 30% equity in of Cougar Limited, which translates to an asking Business Valuation of $500,000.  Ryan Custer was on the set to promote his beverage line catered to middle aged women.  Custer calls his targeted beverage a ‘Lifestyle’ Drink.  The Cougar Limited beverage is similar to 5 hour energy, in that it is a Zero calorie beverage. Given that … Read entire article »

Filed under: Business Tips

Value of Negotiation Leverage in Negotiating a Deal on Shark Tank

Value of Negotiation Leverage in Negotiating a Deal on Shark Tank

First into the Shark Tank were Keeley Tillotson & Erica Welsh from Oregon of Wild Squirrel.  Keeley & Erica were asking for $50,000 in exchange for 10% equity in their company.  You can find Wild Squirrel on Amazon.com.  This translates to an Asking Business Valuation of $500,000.  Wild Squirrel is a company that manufactures special Almond and Peanut butters.  At the time of taping, they were offered in five varieties which you can see on their website.  They … Read entire article »

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What is a Business Broker & How Do They Help Me Sell My Business?

What is a Business Broker & How Do They Help Me Sell My Business?

What is a Commercial Business Broker? A Business Broker helps a Business Owner Sell his or her business to a Buyer. Similar to Residential Real Estate Agent, except the client/product is a business, not a house. Here are common questions we get: Question: Does a Business Broker Buy the Business from a Business Owner? Answer: No!  A Business Broker packages a business for sale and markets the business to attract qualified buyers. What does a Business Broker Do for Business Owners? Prepare the … Read entire article »

Filed under: Business Tips, Business Valuation, Commercial Leasing, Due Diligence, Featured, Negotiation, Selling A Business

Shark Tank Business Valuation by the Percentages

Shark Tank Business Valuation by the Percentages

Last in the Shark Tank was Fleetwood Hicks of Villy Customs. Fleetwood Hicks’ Villy Customs offer customized Cruiser Bikes that are incredibly colorful and well designed as attested to by Daymond John on the Show. Fleetwood Hicks was asking $500,000 for a 33% equity stake in Villy Customs ($1.5 Million Dollar Valuatio). The Sharks were thoroughly impressed, and you can see why in the pictures below. The bikes are incredibly colorful and the Sharks were … Read entire article »

Filed under: Business Tips

How to Get Your Business or Product on to ABC’s Shark Tank

How to Get Your Business or Product on to ABC’s Shark Tank

Straight from ABC’s website are the instructions for getting on to the hit ABC TV show called Shark Tank: How to Apply to Get Casted on ABC’s Shark Tank. Important note is to download the application form prior to going to an open casting call. There is an Open Casting in Chicago coming up Friday May 11th, 2012 from 10 AM to 5 PM. Location of the Chicago Open Casting call is the Embassy Suites – Chicago Lakefront There is also … Read entire article »

Filed under: Business Tips