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What to Negotiate in your Commercial Lease BEFORE you open your business

What to Negotiate in your Commercial Lease BEFORE you open your business

The success of a business depends on many factors, including the terms of the premises lease.  This post is a discussion of seven of the many important items to negotiate in a business lease before signing it and opening the doors for your business. The Lease Rate Below Fair Market Lease Rate If you are able to negotiate a below fair market lease rate then you are in good shape, as it gives you a great leg up … Read entire article »

Filed under: Commercial Leasing, Negotiation

Using SBA 7(A) & SBA/CDC 504 loans for Working Capital, Equipment Financing, Real Estate Purchase, Debt Refinancing, Business Acquisition & More

Using SBA 7(A) & SBA/CDC 504 loans for Working Capital, Equipment Financing, Real Estate Purchase, Debt Refinancing, Business Acquisition & More

A lack of access to financing can be a major impediment to rapidly growing a business.  Qualifying for bank loans and financing is a tricky process.  SBA loans are often viewed as an easy to get loan, but it is important to make sure you understand what the loans are for, and even more important to figure out which banks are interested in doing the loans for businesses in your industry. The Two primary types of … Read entire article »

Filed under: SBA

Business Valuation & Negotiation Lessons from Shark Tank Baker’s Edge, Tie-Not, BZBox & Foot Fairy

Business Valuation & Negotiation Lessons from Shark Tank Baker’s Edge, Tie-Not, BZBox & Foot Fairy

Matthew Griffin & Emily Griffin enter the Shark Tank to pitch their business called Baker’s Edge.  The Griffins wanted to take baking to another level, so they created their first product which is a baking pan for brownies that is designed to maximize the ‘edge’ and ‘corner’ pieces in a rectangular pan.  As you can see in the image, the design of the pan has an open layout of walls inside to increase surface contact … Read entire article »

Filed under: Business Tips

Business Valuation & Negotiation Lessons from Shark Tank Bon Affair Wine Spritzer, Oru folding Kayak, Cinnaholic and Cousin’s Maine Lobster update

Business Valuation & Negotiation Lessons from Shark Tank Bon Affair Wine Spritzer, Oru folding Kayak, Cinnaholic and Cousin’s Maine Lobster update

For those who like to drink wine but would like fewer calories, lower alcoholic content and less dehydration, there is a product being pitched on Shark Tank that fits the bill.  It’s called Bon Affair and it is a wine spritzer being pitched by Jayla Siciliano from hails from Solana Beach, California.  Siciliano enjoyed wine but found it hard to enjoy frequently due to a hectic schedule as she needed to be full of energy … Read entire article »

Filed under: Business Tips

Business Valuation and Negotiation Lessons from Shark Tank featuring GrooveBook update, HangEase, Susty Party, Angellift & The Bouqs Co.

Business Valuation and Negotiation Lessons from Shark Tank featuring GrooveBook update, HangEase, Susty Party, Angellift & The Bouqs Co.

Eco friendly products and business are getting more and more attention as consumer awareness of sustainability.  Pitching the Shark Tank a sustainable party supplies business are Jessica Holsey and Emily Doubilet from Brooklyn, New York.  Holsey & Doubilet call their business Susty Party.  They were inspired to create Susty Party after attending countless parties that used disposable products that were not easily recycle-able.  Holsey & Doubilet  claim that their Susty Party products are non toxic, compostable … Read entire article »

Filed under: Business Tips