SBA – Women-Owned Small Business Federal Contracting program

SBA – Women-Owned Small Business Federal Contracting program

Harvest Business Advisors works with Small Business Administration (SBA) lenders for many of our transactions. Our entire team keeps up-to-date on all SBA programs and announcements to better serve our business brokerage clients and our business valuation clients.

We’d like to share this recent announcement from the SBA about their Women-Owned Small Business (WOSB) Federal Contracting program.

The federal government has set a goal is to award at least five percent of all federal contracting dollars to women-owned small businesses each year.

Joining the women’s contracting program means you are eligible to compete for federal contracts set aside for the program. (You can still compete for contract awards under other socio-economic programs for which your business may qualify.)

The SBA has made some changes to Women’s contracting program eligibility requirements and certification process that take affect this summer.

The eligibility requirements to qualify as a WOSB or an EDWOSB are fully defined in Title 13 Part 127 Subpart B of the Code of Federal Regulations (CFR)

You can also get a preliminary assessment of whether you qualify at the SBA’s Certify website.

In addition, soon it will be a requirement to be certified Certification as a WOSB either through a third-party or through the SBA’s FREE online certification at certify.sba.gov.

For the complete announcement from the Small Business Administration, please visit their website 

If you have any questions or need more information about SBA lending practices and requirements or a business valuation for a SBA loan, feel free to connect with us for a conversation.


Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction.

Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services. We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.

The Importance of Time Off – for You and Your Business

The Importance of Time Off – for You and Your Business

It’s mid-August and we have a question.

Did you take any time off this summer?

Did you step away from your business and not call or email in?

Many business owners would say “That’s impossible!”

But why? Research shows that real unplugged vacations are critical to people’s health  – allowing  you to return restored, refreshed, renewed. And ready to dive back in to running and improving your business.

As Andrea Callahan says in this Money article, “Vacations sharpen the sword”.

From a purely practical perspective, a business that runs on its own is far more valuable and easier to sell than one that demands every minute of an owner’s life.

Plus you’ll enjoy your business more if you step away from time to time.

How can you change your business so you can take time off?

Start small – take the afternoon off and do something for yourself or with your family. Promise yourself won’t check email after 6 p.m. (or before 7 a.m.) Ease into a long weekend – and truly “get-away”.

Identify tasks or processes that only you can do – and train someone else to take them on, while documenting the training. Distribute responsibility to those you trust. Look into automation for some tasks.

Soon, taking two weeks off for a dream vacation won’t be impossible. It will be do-able- and your business will be stronger because of your efforts.

Are you ready for a real vacation? Or maybe you are ready to sell your business for a permanent vacation!

We can help you plan and start the process. Connect with us (info@harvestbusiness.com or call 877-838-4966) today for a complimentary consultation.


Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction.

Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services. We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.

Pausing to Honor and Remember on Memorial Day

Pausing to Honor and Remember on Memorial Day

The team at Harvest Business Advisors is taking time this weekend to remember and honor the men and women who sacrificed their lives and futures for our freedoms.

“We owe this freedom of choice and action to those men and women in uniform who have served this nation and its interests in time of need. In particular, we are forever indebted to those who have given their lives that we might be free.”  President Ronald Reagan, May 26, 1983

Business for Sale: Metal Distribution Business

Business for Sale: Metal Distribution Business

Harvest Business Advisors is pleased to announce the listing of a metal distribution business for sale in Maryland.

The distribution company for sale is known for distributing metal including carbon, stainless, aluminum, brass, and alloy steel in any quantity quickly and efficiently in the Mid-Atlantic area.

The business for sale specializes in small orders.  NO customer concentration. All personnel (approximately 10 full time employees) are in place.

Company has a well equipped facility with racking, shears, saws, and delivery truck. Company stocks inventory. Sales, estimating, and accounting systems are in place.  Clean leased warehouse with office space.

Company is well regarded by its many customers. Company has niche with small quantities. Lots of walk-ins. Approximately 50% of clients pay when the goods are delivered keeping receivables down. Company provides competitive pricing and great service.

Having successfully built the business, owner desires to retire but will provide transition services as necessary and agreed upon with new owners.

Asking Price  $1,650,000 plus inventory (estimated at $200,000) with revenues of over $3,500,000 and average discretionary earnings of $630,000.

Greg Caruso - Business Valuation - Business Brokerage

 

 

 

 

Clients choose Harvest Business Advisors for our accurate business valuations and our consistent ability to deliver a high price as part of a smooth exit transaction.

Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services. We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877.838.4966 to discuss selling your business, ordering a business valuation or buying a business.

Want to Build Business Value? These Tools Can Help!

Want to Build Business Value? These Tools Can Help!

Improving your company’s a list organization and processes with these excellent tools recommended by Forbes magazine.   These 15 applications are no-cost or low-cost and will help you bring value to your business by having the right tools.

From Trello for project management to Boomerang and MailChimp for better emails, these are the tools entrepreneurs and start-ups rely on to boost efficiency and have teams work better together.

Let us know if you use any of these tools or if you have others you would recommend.

https://www.forbes.com/sites/alejandrocremades/2018/11/29/15-free-tools-every-entrepreneur-should-use

 


Clients choose Harvest Business Advisors for our accurate business valuations and our consistent ability to deliver a high price as part of a smooth exit transaction.
Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services. We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 443.334.8000 to discuss selling your business, ordering a business valuation or buying a business.

Small Business, Smaller Budget, BIG Plans? Find Ways to Increase your Business Value.

Small Business, Smaller Budget, BIG Plans? Find Ways to Increase your Business Value.

Crain’s has an article on Jim Koch, the co-founder and chairman of Boston Beer Company, well known for the Sam Adams line of beers.

He has a delightful tale to tell of an experience from his early adulthood that has held him in good stead ever since.

Read what Jim has to say then sit back and have a good think, maybe with a frosty mug by your side…..

Here’s the story. http://www.crains.com/if-i-knew-then/jim-koch/boston-beer-company?

Do the lessons of David and Goliath have practical applications for small business in the 21st century?

Creativity, when properly applied, at just the right time, in just the right way, can translate into unheard of success in today’s crowded marketplace. The tsunami of modern technology can be your curse or your blessing.

Perhaps making “back to basics” a cornerstone of your business plan is just the ticket.

Considering Selling Your Business? Please click here for a downloadable e-book, “ 10 Ways to Increase the Value of Your Business“.

Connect with Harvest Business Advisors today – email info@harvestbusinessadvisors.com or call 443.334.8000

 


Clients choose Harvest Business Advisors for our accurate business valuations and our consistent ability to deliver a high price as part of a smooth exit transaction.
Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services. We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 443.334.8000 to discuss selling your business, ordering a business valuation or buying a business.

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