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06 Feb

Posted at 18:18h
We were drawn to Sam Goldenberg & Associates based on their reputation, and after our initial meeting with Michael and Erika, we were impressed with their professionalism and kindness. We liked the fact that they would list our company not only in New Mexico but beyond our borders, with a focus on finding the right match for our company, better ensuring the success of the new owners going forward. Erika was patient and understanding of...

05 Feb

Posted at 12:24h in Seller Articles
No two companies are quite alike, and this also means that there are many reasons why companies can fall into trouble.  While the number of variables involved in operating a company are practically endless, there are a handful of reasons why companies can fall on hard times.  Let’s take a closer look. Lacking Focus Companies that lack focus can often run into considerable trouble.  Not understanding their customers and what they need or want can...

01 Feb

Posted at 12:23h in Seller Articles
Your time is your most valuable commodity.  The simple fact of the matter is that many “buyers” are not truly buyers.  In contrast, they are often window shopping or acting out a fantasy of buying a business.  In other cases, they would only plan to buy if they were to find the “deal of the century.”  The last thing you want to do is waste your time trying to work out deals with people who...

20 Jan

Posted at 15:07h in Seller Articles
Mass Mutual Life Insurance produced an ownership transition survey back about a decade ago.  The survey results were based on feedback and answers from family-owned businesses.  It produced some very interesting results, and is worth examining even today.  While the survey at this point is quite outdated in terms of the timeline, there are still many valuable nuggets of information to be gleaned from it.  Let’s dive in and take a closer look at the...

15 Jan

Posted at 12:30h in Seller Articles
Mass Mutual Life Insurance produced an ownership transition survey back about a decade ago.  The survey results were based on feedback and answers from family-owned businesses.  It produced some very interesting results, and is worth examining even today.  While the survey at this point is quite outdated in terms of the timeline, there are still many valuable nuggets of information to be gleaned from it.  Let’s dive in and take a closer look at the...

13 Jan

Posted at 12:18h in Blog, Buyer Articles, News, Santa Fe
“It’s the COVID effect,” Duran said [Stephanie Duran, an associate broker with Barker Realty]. “People have been realizing they don’t need to be at the office. They can live anywhere. At the same time, they are fleeing higher density. Instead of just retiring to Santa Fe, they can live in Santa Fe now instead of having a multidecade dream of living here.” Demand for homes in Santa Fe continues at a fast pace, drawing homebuyers...

12 Jan

Posted at 12:24h in Buyer Articles, New Mexico Business, New Mexico in the News, News, Santa Fe
Business editor Teya Vitu reports that construction is booming in Santa Fe. Seventeen apartment projects and a 68-unit independent living center have been recently completed or under construction. Between January and November 2020, 281 building permits for single-family dwellings were pulled. Construction activity and related job growth have ranked Santa Fe in or near the top ten among the nation’s 358 metropolitan areas. Read the full article on the New Mexican.

29 Dec

Posted at 15:34h
As purchasers of Sher-wood Fine Wood Designs in Las Cruces, NM, we were tremendously impressed with the professional assistance of Sam Goldenberg & Associates in their representation of the Seller. Michael and Erika went way above and beyond the call of duty and were tremendously supportive, creative and helpful in bringing a process to a close, even though we were all challenged more than normal due to the Covid 19 situation. Michael’s knowledge of the...

29 Dec

Posted at 15:33h
Michael is not only a pleasure to work with but truly a master of his craft! He has extensive knowledge of the New Mexico market, local lenders and knows his clients very well, which is why we acquired two of his listings over 12 months. Recently, Michael was able to help us and his client navigate an M&A transaction throughout the COVID crisis, which we closed in late 2020. I would be happy to recommend...

29 Dec

Posted at 15:31h
It has been a pleasure working with Michael and Erika. They are very knowledgeable in what they do. I learned a lot from Michael as we went about the process. I always felt that Michael and Erika were on my team and looking out for my best interests. They gave me confidence as we worked on the process. Any time I had questions, or just didn’t see something clearly, Michael explained things in a clear...

21 Dec

Posted at 13:49h in Business Buyers' Articles, Local Resources
The Economic Development Department has published the most recent series of county economic reports with detailed economic and employment data for all of the 33 counties as well as a statewide snapshot, Cabinet Secretary Alicia J. Keyes said today. The reports with a Dec. 2020 publication date cover the first quarter of the 2021 fiscal year – July, August, and September 2020 – during the COVID-19 public health emergency. “This community-level data, delivered in a...

16 Dec

Posted at 16:23h in Blog, Seller Articles
You shouldn’t expect to sell your company overnight.  For every company that sells quickly, there are a hundred that take many months or even years to sell.  Having the correct mindset and understanding of what you must do ahead of time to prepare for the sale of your company will help you avoid a range of headaches and dramatically increase your overall chances of success. First, and arguably most importantly, you must have the right...

15 Dec

Posted at 15:38h in Blog, New Mexico Business, News
A company that is developing and testing a mass accelerator with the aim of launching satellites into space orbit, using kinetic energy instead of rockets, is expanding at New Mexico’s Spaceport America, Cabinet Secretary Alicia J. Keyes announced today. SpinLaunch signed a lease at Spaceport America in 2019 and has since invested in test facilities and an integration facility. The company is now set to hire an additional 59 highly-paid workers and complete the build...

12 Dec

Posted at 01:29h in Seller Articles
When it comes to buying or selling a business, there is no replacement for a solid confidentiality agreement.  One of the key ways that business brokers and M&A advisors are able to help buyers and sellers alike is through their extensive knowledge of confidentiality agreements and how best to implement them.  In this article, we will provide you with an overview of what you should expect out of your confidentiality agreements. A confidentiality agreement is...