968 Middle Rd in Portsmouth, NH Sold and To Reopen as KW Salon!
Congratulations to Katie Walsh on her purchase of 968 Middle Road in Portsmouth, NH. Katie will be opening her new Business, “KW Salon” next month in this high traffic corner location. Katie brings years of experience working in Brooklyn and Portsmouth to this new salon along with a number of other stylist. This will be […]
Nice Shout-Out from a Buyer Who Worked with First Street!
McSharry & Louis bringing NY style pizza to West End Jay McSharry’s comment to The Portsmouth Herald about working with us: “He said the purchasing process was smooth thanks to working with Bill Stewart at First Street Business Brokers and it’s enabled them to start work to creating Luigi’s.”
Selling your business at the best price
For those of you considering selling your small business, here’s an article that’s worth the read: https://www.philly.com/business/small-business/small-business-looking-to-sell-checklist-price-20190429.html
BizBuySell reports: First Quarter of 2019 Transactions Dip Slightly, Market Remains Strong
BizBuySell stated that “Small business transactions in the first quarter of 2019 experienced a modest year-over-year decline but remain at historically high levels, according to the latest BizBuySell Insight Report, a nationally recognized economic indicator that aggregates statistics from business-for-sale transactions reported by participating business brokers nationwide.” Some key findings: A total of 2,504 sold […]
Opportunity Zones – Enable Investors to Defer and Reduce Capital Gains
Opportunity Zones offer tax breaks and could help you along with assisting development in distressed communities. Read this article in the New York Times to learn more: https://www.nytimes.com/2019/02/15/business/opportunity-zone-tax-break-controversy.html
Tax Season Is Here Again – Some Tips From The Professionals
I understand that many of us strongly dislike dealing with our taxes. The thought of preparing all the documentation along with paying can be a bit depressing. We strongly advise business owners to consult with your accountant to develop an annual plan that you will stick too. The rules continue to change and it’s difficult […]
Great Article on Family Businesses from Business NH Magazine
Did you know the following? “In the United States, and NH, family businesses account for approximately 90 percent of all businesses. Their life span is about 24 years—a little more than one generation. Fewer than one in three makes it to a second generation.” We thought this was a great article to share – especially […]
Family Businesses Hire a New Type of Executive
Great article about Family Businesses and the need for proper advice: Click here to read the NY Times Article
Small Business Transactions Reached Record Highs in 2017!
According to BizBuySell.com, small business transactions reached record highs in 2017, up 27 percent from 2016. “This year’s increase marks a noteworthy upward shift in the number of small businesses changing hands across America. For several years after the 2008-2009 Great Recession, sales volume remained low as small businesses struggled financially and capital for financing […]
The Top 10 Fastest-Growing Occupations vs Fastest-Declining ones
Here’s a very interesting article by Ben Casselman in the NY Times, October 25, 2017 about the shifting job categories through automation and overall demographic changes. It lists the projected top 10 fastest-growing occupations from 2016 to 2026 and then the fastest-declining ones. Great information to know! Click here: “Experts Foresee a U.S. Work Force […]