This George & Company report originally appeared in the news on May 11th, 2016. In New England, and the United States in general, the last ten years have seen a transformation in the business market due to various factors. There has been the declining tide of the Great Recession, the transformation of the internet to the primary store for many industries and the erosion of small business by larger chain stores and franchises. In this market report, George & Company will look at the tr...

This George & Company report originally appeared in the news on April 19th, 2016. In 2015, over 7,222 small and middle-market businesses were sold in the United States according to BizBuySell.com (www.bizbuysell.com). These businesses could be broken down into two major categories: 50% Retail, which includes customer service oriented product selling, including retail stores, gas stations, convenience stores, and food & beverage businesses; and 38% Service, which include professional s...

This George & Company report originally appeared in the news on March 3rd, 2016. Restaurants are big business and the biggest slice of the retail and service sector that holds so much of U.S. jobs and business owners. Restaurants also represent one of the largest sections of privately owned, independently operated main street businesses. Restaurants are small business owners and family run businesses with their lifetime’s work and often their retirement nest egg in that business. However ...

Originally appeared in the news on February 3rd, 2016. In November, George & Company released findings about two generations, Baby Boomers and Millennials, and the changing of the guard of small business owners from the former to the latter. While an ideal time now as businesses shake off the last of the Mortgage Crisis recessions, some have voiced concerns about a lack of Millennials showing interest or being able to make serious offers. Thanks to a survey just released by the Small Busi...

Originally appeared in the news on January 23th, 2016. On December 18th, 2015, the US Congress passed, and President Obama signed into law, a $1.1 trillion year-end spending “Omnibus” bill. Included in this bill was a 10 month “clean” extension of the EB-5 Immigrant Investor Program, also known as simply the EB-5 Program. This extension, which was originally set to end in on Sept. 30, 2015, has been extended twice before as politicians discuss the merits and shortcomings of the program and wh...

Originally appeared in the news on December 8th, 2015. George & Company has been helping owners sell their businesses for over 30 years, and in that time we’ve seen every kind of buyer and seller. A growing trend in recent years has been baby boomer retirees who are looking to sell off their business to fund retirement. Many of these business owners are referred to use because of their need to learn their business’s worth before starting the selling process. From our own experience, backe...

Originally appeared in the news on November 10th, 2015. George & Company has spotted two growing trends as the small business market has taken back off over the last two years: the baby boomer generation has the post-recession confidence to sell their rock-solid businesses, and young entrepreneurs are lining up to buy them with better financing options as they step off the beaten track of corporate ladders and high-risk startups. Now is the perfect time to buy a baby boomers business as p...

Restaurants and Bars Represent a Quarter of the Small Business Market Originally appeared in the news on October 27th, 2015. In the third quarter of 2015’s fiscal year (April – June), BizBuySell released their reports on buying and selling transactions for small businesses within the United States. This report show the steady trend in the small business sector showing preference to buyers and sellers of retail businesses, of which 50% were restaurants, bars, and other food service businesses...