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Biz Tek Today: Best Businesses to Purchase in 2018

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The marketplace is hot for transactions. Many business owners want to grow and have concluded the best way to grow fast is to make an acquisition (it’s just that there are more buyers than sellers these days). Check out the article below on the best businesses to purchase in 2018. One business segment where there are plenty of businesses looking for liquidity are those businesses owned by baby boomers. The baby boomer generation is aged and many need/want to get out. These business owners are highly motivated to sell. Consequently, if you are a buyer seek to identify businesses in your marketplace that are owned by boomers. Even if such businesses are not formally for sale, you may still inquire as an inquiry could generate interest for sale.


Entrepreneurship

Spotify Is Accepting Ads…And Other Small Business Tech News This Week
Forbes
Small businesses can now advertise on Spotify. Now you can create and manage a Spotify ad campaign to reach new customers for your small business using its new self-serve advertising platform…READ MORE

10 Insider Tips for Women-Owned Small Businesses Seeking Federal Government Contracts
Small Business Trends
The federal government is awarding more contracts to women-owned small businesses than ever before. There’s still a long way to go. But for women who haven’t ever considered doing business with the federal government, it might be a good time to reconsider….READ MORE

How to overcome the pitfalls in business as a young entrepreneur
TNW
Being a young entrepreneur is probably a better idea than flipping burgers when it comes to your long-term career. It can help you to learn valuable entrepreneurial skills that you can build on for years to come, putting you light years ahead of your peers when college graduation…READ MORE

5 Simple Tips for Your Small Business Facebook Page
Small Business Trends
More entrepreneurs are tapping into the world’s largest social media network: There are more than 70 million businesses now on Facebook, up from about 18 million in 2013, according to Chief Operating Officer Sheryl Sandberg during a recent investor call…READ MORE

4 Ways to Protect Your Small Business From Common Legal Disasters
Huffington Post
Starting a business requires attending to many tasks. Legal matters may inadvertently be overlooked. The ill-informed entrepreneur, focusing on raising capital and kicking off operations with the desire to make a profit, often neglects other aspects of starting a business…READ MORE

 

 

Technology

10 Ways to Update Your Marketing with New Trends and Technology
Small Business Trends
New technology, trends, and techniques are likely to have an impact on how you do business in 2018. These changes can vary depending on your business or industry. But members of the online small business community have lots of experience updating their online marketing and other operations. Here are some tips to help your small business do the same…READ MORE

General Motors Buys a Self-Driving Technology Startup
Entrepreneur
General Motors has acquired Strobe, a 3-year-old startup advancing the development of driverless technology. GM’s self-driving car startup, Cruise, will now get its laser imaging technology from Strobe. Strobe’s patents will play a huge role in helping GM push out self-driving cars in the near future…READ MORE

5 Technologies That Are Currently Changing Business Transactions
HuffPost
Today, thanks to technology, our world has become smaller and there are no physical boundaries or time zones to limit our business transactions. Instead, there are new and faster ways of doing business with each other, distance notwithstanding. It’s not news anymore to say that technology serves to reduce the cost of operating and managing business…READ MORE

10 things in tech you need to know today
Business Insider
Apple has acquired a wireless charging company, PowerbyProxy. It acquired the New Zealand firm for an undisclosed sum, but is reportedly planning to keep the business running in the country, at least for now…READ MORE

Immersive technology in business
Financial Express
Over the last decade, technology has unlocked incredible new ways for brands to connect with consumers; they have more data and insight than ever before. We are in the midst of a customer revolution…READ MORE

Transaction

To maximize the sale of your company, build business value
Denver Post
Imagine sitting at your desk and reading a registered letter from a potential buyer. The letter states that the buyer is retracting its offer to purchase your company as a result of the due-diligence review and analysis the buyer just completed…READ MORE

How To Trigger A Bidding War For Your Business
Forbes
One of the toughest things about selling your business is attracting an acquisition offer without putting a metaphorical “FOR SALE” sign on your company’s front lawn…READ MORE

6 things to consider for financing the purchase of a small business
Baltimore Business Journal
You’re looking to finance the purchase of a small business. What do you do? Where do you start? Let’s talk here about the most common ways to finance the purchase of a small business…READ MORE

How Successful Entrepreneurs Maximize Personal Wealth Selling Their Companies
Forbes
Successful business owners can (and usually should) use three main strategies to maximize the amount of money they put in their pockets when they sell their companies. Three actions make a significant difference…READ MORE

The Best Businesses to Buy in 2018
Business.com
Here we are, heading into the homestretch of 2017, and you have to wonder: What will 2018 bring? Thanks to a changing market climate and emerging consumer trends, next year might be one of the best times to buy a business. There are more reasons than ever to make buying a new business your New Year’s resolution…READ MORE

 

 

 

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Biz Tek Today (BTT), is an online resource for entrepreneurs. BTT recognizes that you are a busy leader in business and that finding time to identify and read relevant news for your business is challenging. BTT seeks to lessen this burden by regularly gathering the best of the best news articles from a host of national media and industry sources and delivering them to you in one convenient email.

 

Michael N. Mercurio, Chair Business Law and Transactions
mmercurio@offitkurman.com | 301.575.0332
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©2017 Michael N. Mercurio, Offit Kurman, Attorneys At Law. All rights