Time for Export-Import Bank to Give Greater Support for Small Companies!

Export-Import Bank, an independent federal agency, should be doing more for small companies. A Congressional review of the effectiveness of the bank is said to be looming, with many conservatives stating that the loan guarantees and risk insurance provided by Export-Import are nothing more than corporate welfare.

Export-Import finances exports of U.S. goods and services, providing loan guarantees and direct loans for buyer financing, export credit insurance, and working capital guarantees for pre-export financing.
At the heart of the concerns that most of the dollars simply financed sales by large businesses even if more transactions, at least in number, involved smaller businesses. A major criticism is the failure of Export-Import to provide adequate details in its public notices.

For more on the issues related to Export-Import Bank:

Click Here to Read More...

Selling a Business? Give Consideration to a Business Broker

When it comes time to sell a small business, many owners seek to handle the responsibilities of the sale themselves. Not only is such a sale fraught with potential legal mistakes, the overall handling of the sale can be terribly time consuming.

However, there are numerous professional business brokers willing to handle the sale, providing the business owner with essentially the same services that a homeowner would receive when selling his/her home through a Realtor. The general consensus today is that as the Baby Boomer generation nears retirement, business owners will likely have greater and greater difficulty finding prospective buyers without some assistance from professionals.

For more on a business broker, see:
Click Here to Read More...