Author: Sam Goldenberg & Associates

Leadership Santa Fe helps up-and-coming leaders develop high-level management skills and connects them to key players in Santa Fe’s business and policy spheres. Participants delve into challenges facing the city and actively engage in the process of creating solutions. The program takes place every year between September and May and consists of 12 sessions, about two per month. Alumni include Santa Fe City Manager Erik Litzenberg, Police Chief Andrew Padilla, and multiple City Council members...

Do You Need a Business Valuation? Whether you’re buying or selling a business, a business valuation is a necessary step in the process. You might be more familiar with the term "business appraisal." These two interchangeable terms describe a complicated process used to determine what a business is worth. There is no "cookie cutter" way to do this. There are different types of business valuations for different circumstances. There are some circumstances where a formal valuation is needed. In other...

A lot of people know the symptoms: feeling overwhelmed, unworthy, overly lucky, terror at being “found out.” If you’ve wrestled with Impostor Syndrome, you know the struggle is real—even when your lack of qualifications isn’t! Impostor Syndrome is a pervasive sense of self-doubt, a belief that one’s successes have not been earned. While this insecurity can strike at any level of professional experience, research indicates that it is more common when starting a new endeavor, such...

Strong showing, New Mexico! Santa Fe ranked 14 in Travel + Leisure’s 24th reader survey of Top 15 Cities in the World and got second place for Best Cities in the United States. Taos ranks 12 on the Best of the U.S. list. “Readers rated cities on their sights and landmarks, culture, cuisine, friendliness, shopping, and overall value,” T+L explains. New Mexico also got three of ten Top Destination Spas, and Santa Fe’s Inn of the Five Graces...

Finding the money to start your own small business can be a challenge.  Over the decades, countless people have turned to the Small Business Administration (SBA) for help.  A recent Inc. Magazine article, “Kickstart Your Business Dreams with SBA Lending,” by BizBuySell President, Bob House, explored how SBA lending can be used to the buyer’s advantage. The article covers the basics of an SBA loan and who should try to get one.  House notes that the...

It’s normal to think about interview etiquette when you’re going up for a position, but what about when you’re making the hiring decisions? In a recent Wall Street Journal article, reporter Sue Shellenbarger points out the significance of employer conduct during the selection process. It is important to think about how you treat potential employees. We all know the feeling that there aren’t enough hours in a day. With a small business, you can't put everything...

“I can’t get good employees.” How often have you heard this from small business owners? Cultivating a good team is an essential challenge. Here are some tips for attracting and retaining good employees:  Model integrity. Say what you’ll do, then do what you say. Always be respectful to employees and customers, even when you’re angry. People hear how you talk about others in moments of frustration and assume that's how you'll talk about them when they...

In a recent Harvard Business Review article, Harvard Business School professors Richard S. Ruback and Royce Yudkoff advocate for more aspiring entrepreneurs to pursue their goals by buying a business. They site concern over risk as the most common explanation for shying away from acquisition. They further argue that these concerns are short sighted and unfounded. Comparing Risk “We think that these concerns about ‘risk’ are misplaced and that searching for a business is less risky than...

Franchise businesses rank as one of the leading business opportunities. Many entrepreneurs opt to buy a franchise business. Franchises offer a host of appealing benefits including stability, a proven concept, as well as a network of established resources. To see current franchise businesses for sale, click here. If you are considering exiting your franchise, follow these tips for reselling a franchise business. Your Guide to Reselling a Franchise According to recent findings from the International Business Brokers Association (IBBA), experts have...

Congratulations to Matt Baker and Troy Shepard for their acquisition of Xitech Instruments, Inc. ...

Sam Goldenberg & Associates shepherded Jean Devine into Santa Fe's beloved Garcia Street Books.   By Justin Horwarth | The New Mexican Jul 10, 2017 The new owner of Garcia Street Books is banking that an old formula, encouraging customers to browse, will help the independent bookstore survive in the age of Amazon’s Kindle and other online services that have eaten into the profit margins of brick-and-mortar booksellers across the nation. Jean Devine, 63, said she wants the 15,000-square-foot...

The New Mexican By Bruce Krasnow July 12, 2017 [caption id="attachment_567515" align="alignleft" width="351"] Jennifer Day and executive chef of New Mexico Fine Dining. Photo credits Luis Sánchez Saturno.[/caption] A Santa Fe couple who own vacation rentals, car dealerships and furniture stores has purchased four local restaurants with the promise of reopening two that are now closed and tripling their Santa Fe workforce by next year. Jim and Jennifer Day are now the owners of Georgia and Bouche, as well as the closed Bobcat Bite and a restaurant space at 227 Galisteo St. that was home to Galisteo Bistro but will reopen under the Italian name “A Mano.” The couple recently lived in San Antonio, Texas, but has owned a home in Santa Fe for 16 years and lived here full time for nine years. Jennifer Day is an interior designer and fiber artist. Jim Day is a competitive bicycle rider who graduated with a Master of Business Administration from the University of Texas. Together they own several car dealerships in Texas as well as 50 Aaron’s furniture franchises in 10 states. They also own the Escondido Ranch in Central New Mexico, which will be the primary source of grass-fed beef sold at their Santa Fe restaurants.

Reposted from the Santa Fe New Mexican. Sunday, August 21, 2016 Do you find the food in Santa Fe enjoyable? It’s no wonder. Santa Fe, after all, has just been named to yet another prestigious Top 10 list — the readers of Travel + Leisure named it one of the best cities for food in these United States. The accolade was part of the magazine’s World’s Best Awards for 2016, with votes from sophisticated travelers — folks who...