Sale of Specialized Early Childhood Education Business

Sale of Specialized Early Childhood Education Business

Sale of Specialized Early Childhood Education Business

Sunbelt Business Brokers is pleased to announce the sale of a Houston,Texas area early childhood education and behavior management business. The business specializes in management of children with autism with the goal of main streaming the children into the conventional education system.

The business was purchased by a multi-unit childcare education company located in The Woodlands, Texas.

Sunbelt Business Brokers has significant experience in the sale of early childhood education and daycare businesses.

 

SBA Announces New Measures to Help Get Small Business Loans Into the Hands of Veterans

SBA Announces New Measures to Help Get Small Business Loans Into the Hands of Veterans

Release Date: 

Friday, November 8, 2013
Release Number:
13-53
Contact:
Dennis E. Byrne (202) 205-6567
Internet Address:

WASHINGTON – The U.S Small Business Administration (SBA) today announced new measures to help get small business loans into the hands of veterans by setting the borrower upfront fee to zero for all veteran loans authorized under the SBA Express program up to $350,000.  This initiative will start on January 1 and continue through the end of the fiscal year.

“Our nation’s veterans are highly-skilled and highly-trained leaders in their communities,” said Acting SBA Administrator Jeanne Hulit.  “This initiative will set fees to zero for SBA Express loans to veterans up to $350,000, and is part of SBA’s broader efforts to make sure that veterans have the tools they need to start and grow a business.  As we honor our veterans and thank them for their service and sacrifice, let’s continue to identify ways to support them when they come home.”

Of all SBA loans that go to veterans, 73 percent are $350,000 and below.  The SBA Express Loan Program, which supports loans under $350,000, is SBA’s most popular loan delivery method, with nearly 60 percent of all 7(a) loans over the past decade being authorized through the program. Since the program’s inception, it has also been one of the most popular delivery methods for getting capital into the hands of veteran borrowers.

Building on SBA’s recent announcement that for the current fiscal year, fees on loans for $150,000 and under are set to zero, this policy announcement means that veteran borrowers will no longer have to pay an upfront fee for any loan up to $350,000 under the SBA Express program.  This new initiative will go into effect January 1 and extend for the duration of the fiscal year.  This will make the loans cheaper for the borrower, another way SBA is looking to serve small business owners as they look for ways to access capital.

Today’s announcement comes during SBA’s National Veterans Small Business Week, an initiative on the part of the U.S. Small Business Administration to reach out to veteran entrepreneurs and business owners.  During Veterans Small Business Week, SBA staff all across the country have been working with partner organizations on educational efforts, mentoring, and trainings to make sure veterans have the tools they need to start or grow their business.

SBA provides veterans access to business counseling and training, capital and business development opportunities through government contracts. In FY 2013, SBA supported $1.86 billion in loans for 3,094 veteran-owned small businesses.   And since 2009, the dollar amount of SBA lending support to veteran-owned firms has nearly doubled.

For more information about these and other SBA programs, visit the SBA website at www.sba.gov, or contact your local SBA field office.  You can find contact information for your local SBA office at http://www.sba.gov/localresources/index.html.

Click Here for Information on SBA Small Business Loans available

Check here for Businesses Available 

Best Basic Accounting Book for Small Business Owners and Buyers

Best Basic Accounting Book for Small Business Owners and Buyers

I found this basic accounting guide and it’s the best I’ve seen at presenting basic small business accounting in an easy to follow manner.

This book is under 100 pages and under $10…if you’re a small business owner this could be the best $10 you ever spent.

 

Accounting Made Simple – Understanding Accounting Principles in Less Than 100 Pages

If you are considering buying a business or you own a small business and hope to sell it one day take the time to review this book and implement the simple solutions that will make your business more valuable.

When buying a business it’s important to understand accounting principles so that you can condut the proper due diligence. This book will help simplify the process and also help you prepare your financing when seeking a bank loan or support from investors.

This has nothing to do with business…it’s a fishing story (and a marriage story, kinda)

This has nothing to do with business…it’s a fishing story (and a marriage story, kinda)

While in Santa Fe a while back we (my wife Barb and I) decided to try fly fishing in New Mexico.  But first a little about our fishing experience. We are experienced fishermen and we fish the Galveston bay system probably 60 days a year.  We fish primarily in Galveston West Bay and in  shallow water 1? -3? deep. Our usual targets are speckled trout and redfish. We will often find some undesirables on the end of our line.. fish like shark, gafftop, ladyfish, sting rays, etc. My wife had never tried fly fishing before and my only prior fly fishing experience was about an hour trying to learn to fly rod cast in Laguna Madre about 10 years ago (unfortunately it was late at night and there was beer involved so I didn’t learn much).

We decided we needed professional assistance (and we are sure glad we did!). We spend many weeks a year in Santa Fe and we were familiar with High Desert Anglers on Cerrillos Road. I put in a call to them and they were very helpful and willing to take on two fly fishing novices. We booked a trip for the Pecos River.

We had the good fortune to be assigned to an experienced guide, Jim Jones. Mr. Jones is as nice a guy as you’d want to meet.  We met at 8am at the shop and got fitted for our waders and other gear which all seemed to be in very good condition. We hopped in Jim’s truck and took the ride to the Pecos River private water we had booked. In about an hour we were putting our gear on and walking the river bank heading to a spot to wade in. Prior to our hike Jim showed us the basics of fly casting and he did a great job of simplifying things with very easy to follow tips. I have fished with many guides over the years and here I was having been with a guide for almost 2 hours already and he hasn’t yet called anyone an idiot, that was a good sign.

After a short hike we wade into the Pecos River. Remember please, we’re from Houston and the 58 degree water felt mighty cold and mighty nice.

We were a little surprised that the water was flowing as strongly as it was. If you waded into a 2 ft deep spot the water could exert a lot of pressure on you. So please keep in mind that my wife needs the waders on to get up to 100lbs and for her the water current was a battle all day.

We wade into the middle of the stream with a plan to wade into the current, cast into the current and let the fly drift back. About the second or third cast the water boils up and Barb misses her first fly fishing trout! The technique for actually hooking a fly fish is opposite the technique for the artificial lure fishing we do in Galveston, that was a surprise to us. Fortunately a few minutes later I got a bite and managed to land a small brown trout, my first fly fishing catch.

That’s the good news, the bad news is Barb has not caught a fish yet and our guide makes it his personal mission in life to make sure she does. She’d had a number of strikes so far but was unable to land anything. Being the gentleman that I am (and also because Jim told me to) I let Barb and Jim go ahead so they could have the “fresh” water to work. Barb had some more opportunities but still no hook-ups.

I guess I got impatient in the back and when Jim wanted Barb to re-rig and fish a deeper hole I decided to go ahead of them and explore the new water. It all went well for a minute or two. I got to a deep spot and decided to climb a few rocks in order to get to a perfect, trout looking spot ahead.  I climbed up the rock and as I stepped down on the other side my knee went out (old basketball injury). I went down like I was shot. Bounced off the rock and now horizontal, half in the water and half out… but I was facing up stream and my waders were filling up fast! I gotta tell you it was not a fun event. I felt like I was being dragged under water. I was clinging to the rock like I was on the edge of Everest. I managed to pull myself onto a flat spot, waders filled with 58 degree water, and look back down stream. What do I see? Barb and Jim pretty much laughing at me. They claim they were shouting, trying to see if I needed help, but they sure weren’t heading my direction! They claim this all happened in about 18 inches of water but by my memory it was about 10 feet deep!

I emptied my waders and onward we moved upstream. Barb had a few more opportunities but was unable to land her first fly fish. I had another hook up that didn’t get landed.

All the while our guide, Mr. Jones, was helpful and good spirited. We didn’t catch many fish but we had a great time. The weather was as spectacular as the the scenery and spending a half day walking up a beautiful river is hard to beat. Even with my near death experience it was a perfect day on the river.

And, oh yea, did I mention that the camera Barb told me not to bring was in my waders when I fell in? That didn’t go over well. Uhhh, no pictures for this post.