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From the category archives: Certified Business Brokers News

The business climate and economy in Houston, Texas is booming. When you find the right business in the right place... magical things can happen.

It's A Competitive Market For Buying A Business

If you are looking for a profitable, well-run business to acquire, you are not alone.  Right now, there are not enough businesses for sale to meet buyer demand, as reported by a Market Pulse Survey in early 2017 sponsored by the IBBA (International Business Brokers Association) and M&A Source. The survey was conducted with support from the Graziado School of Business at Pepperdine University.

 

Not only are there not enough businesses on the market to satisfy the number of buyers looking for an acquisition, there's much more capital available than there are companies to buy, as indicated in Deloitte's Perspectives Report. 

 

As soon as a solid business goes on the market we see well-prepared ready-and-able buyers competing to put themselves in front of the Seller.  Buyers must be prepared and ready for the competition and be able to move quickly.

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Is Now a Good Time to Buy a Business?

If you buy a business in Texas, now is a good time to buy a business.With a roller-coaster stock market, a not-quite bottomed-out real estate market, and interest rates so low, there is nowhere else that will yield a higher return on your investment than in your own business. In what other investment can you receive a return of 25% and higher, and over which you have control?While many areas of the country might not be faring well, business owners in Texas reported higher sales growth than the rest of the country. Texas has consistently been one of the best economic engines in the nation and ranked the Best State For Business in 2010 and 2011. Texas is popping up on a lot of radar screens as a place to relocate or expand for businesses because of its future outlook for growth.If you are looking for stability, better predictability and control in today's economy, buying a business in Texas can offer all of these as long as you invest wisely and purchase a quality business. Leave the pitfalls of chance behind. ...

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Houston's Top Standing in U.S.

We've been touting the Houston Economy and marketplace for years. But don't just take our word for it. You'll enjoy watching this YouTube production that struck a chord with people across the country and has become an online hit. See why everyone is talking about Houston!

Watch the YouTube Video

Who Will Lead The Recovery? Start With Texas

The debate between Richard Florida and Joel Kotkin on the future of the U.S. economy proves yet again that experts usually have trouble agreeing on anything. But when it comes to predicting what place will lead the country to a solid economic recovery, forecasters are all on the same page: Nobody's messing with Texas.

Although the economy has slowed in recent months, the prospects for a robust recovery are still looking up for the Lone Star State. Texas gained 14,000 jobs in June even as employment fell in 27 other states, according to the Bureau of Labor Statistics. That brought Texas's total for the first half of 2010 to 178,700 -- more than twice that of any other state.

Read Entire Article at National Journal Magazine

Houston: Model City -- Forbes Article by Joel Kotkin

Do cities have a future? Pessimists point to industrial-era holdovers like Detroit and Cleveland. Urban boosters point to dense, expensive cities like New York, Boston and San Francisco. Yet if you want to see successful 21st-century urbanism, hop on down to Houston and the Lone Star State.You won't be alone: Last year Houston added 141,000 residents, more than any region in the U.S. save the city's similarly sprawling rival, Dallas-Fort Worth. Over the past decade Houston's population has grown by 24%--five times the rate of San Francisco, Boston and New York. In that time it has attracted 244,000 new residents from other parts of the U.S., while older cities experienced high rates of out-migration. It is even catching up on foreign immigration, enjoying a rate comparable with New York's and roughly 50% higher than that of Boston or Chicago.So what does Houston have that these other cities lack? Opportunity. Between 2000 and 2009 Houston's employment grew by 260,000. Greater New York City--with nearly three ...

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Texas No. 1 on 'Best-for-Business' State List for CEOs

Texas ranked as the No. 1 state for business in a recent survey (May 24, 2010) of CEOs published in “Chief Executive” magazine.Closely following in the poll of 651 CEOs were North Carolina, Tennessee, Virginia, and Nevada. Rounding out the top 10 were Florida, Georgia, Colorado, Utah, and South Carolina.As for the bottom of the barrel, California led the way, followed by New York, Michigan, New Jersey, and Massachusetts."Texas is pro-business with reasonable regulations, while California is anti-business with anti-business regulations," one CEO told the magazine.The CEOs ranked states in three main categories: taxes and regulation, skill of the workforce, and quality of living.Perhaps not coincidentally, nine of the top 10 — Colorado is the exception — are among the 22 right-to-work states in the country, meaning that state law forbids forcing employees to join a union to be able to work. Meanwhile, all five of the states the CEOs ranked on the bottom do not have such laws.In addition, six of the 10 states CE ...

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Texas #2 State in America for Small Business Development for 2010

The Small Business and Entrepreneurship Council (SBEC) has ranked Texas the second-best state in America for small-business development for 2010.The council released its Business Tax Index: Best to Worst State Tax Systems for Entrepreneurship and Small Business report. The report analyzes and combines 16 different tax measures into one tax score for all 50 states and the District of Columbia, including income, capital gains, property, death/inheritance and unemployment taxes. The report also takes into account various consumption-based taxes such as state gas and diesel levies."Taxes at the state and local levels matter by diverting resources from and reducing incentives for productive, private-sector risk taking that generates innovation, growth and jobs," says Raymond J. Keating, chief economist for SBEC and author of the report. "Quite simply, economic recovery will be restrained by high or increasing taxes, or boosted by low or falling taxes. Governors and legislators have a choice."The Small Business and ...

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Texas Comptroller's Economic Outlook

Updated April 10, 2010The Texas economy, the world’s 12th-largest, continues to fare better than those of many other states. But Texas felt the effects of the worldwide recession during 2009.According to the National Bureau of Economic Research, the U.S. economy peaked in December 2007 and entered recession. The Texas economy continued to grow through most of 2008, with employment peaking in August that year, then Texas joined the nation in losing jobs. During 2009, Texas’ gross state product (GSP) declined more slowly than the U.S. economy (-1.7 percent versus -2.5 percent.)Despite the state’s economy contracting in 2009, Texas’ relative economic advantage should continue as the state and U.S. economies turn around and expand again in 2010. Although job growth will continue to lag the renewed expansion of economic production, the Comptroller’s office estimates that the Texas’ GSP will grow by 2.6 percent during calendar 2010. The U.S. economy should grow at a slower rate of 2.0 percent during the year.JobsTe ...

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Small Businesses Will Lead Economic Rebound

As markets continue to stabilize, 45% of CEOs interviewed for Pricewaterhouse-Coopers’ Private Company Trendsetter Barometer survey are optimistic about the US economy over the next 12 months (up two points from the previous quarter), and 47% who market abroad are optimistic about the world economy. Additionally, an increasing number plan to raise operational spending over the next 12 months (62%), despite concerns of legislative and regulatory pressures.The gap in projected revenue growth and hiring for small (less than $100 million in annual revenue) versus large (more than $100 million in annual revenue) private businesses has continued to widen this quarter with smaller firms projecting revenue growth at 11.7% versus 3.9% for large firms; hiring was cited at 56 % versus 34%. However, large private firms are planning for major capital investments at a larger percentage – 33% versus 26% among small firms."The higher projected revenue growth rates and hiring for smaller companies versus large companies indic ...

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Texas Economic Outlook from State Comptroller's Office

Updated February, 5, 2010The Texas economy, the world’s 12th-largest, continues to fare better than those of many other states. But Texas felt the effects of the worldwide recession during 2009.According to the National Bureau of Economic Research, the U.S. economy peaked in December 2007 and entered recession. The Texas economy continued to grow through most of 2008, with employment peaking in October that year, then Texas joined the nation in losing jobs. During 2009, Texas’ gross state product (GSP) declined more slowly than the U.S. economy (-1.7 percent versus -2.5 percent.)Despite the state’s economy contracting in 2009, Texas’ relative economic advantage should continue as the state and U.S. economies turn around and expand again in 2010. Although job growth will continue to lag the renewed expansion of economic production, the Comptroller’s office estimates that the Texas’ GSP will grow by 2.6 percent during calendar 2010. The U.S. economy should grow at a slower rate of 2.0 percent during the year.Jo ...

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