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22 May New Gallup Poll Shows “Small Business Owners Would Do It All Over Again”
With SGA’s own highly informal survey based on chatting with our past Santa Fe business buying clients, New Mexico appears aligned with these national trends. Small-Business Owners Love What They Do, Despite the Economy A new Gallup poll shows that eight of 10 small-business owners would do it all again if they could. May 22, 2014 By Matt Vasilogambros The National Journal The economy may rise and fall, but small-business owners remain happy with their career...19 May Congratulations to SBA’s 2014 New Mexico Small Business Award Winners
With Small Business Week (May 12 – 16, 2014) just wrapped up, we wanted to acknowledge the winners of 2014’s New Mexico SBA small business awards. Thank you all for your hard work and for making New Mexico a better place for the small business owner. Small Business Week Winners Include a Family Restaurant Veteran Las Cruces Sun News Posted May 19, 2014 Finance New Mexico LAS CRUCES: Angela Atencio-Sanchez grew up busing tables at...17 May Business Exit Planning
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Even if you do not plan to let go of your business anytime soon, Sam Goldenberg & Associates can help you formulate a Business Exit Plan to safeguard you against unforeseen contingencies. A Business Exit Strategy helps remove the guesswork, provides peace of mind, and helps protect your assets. What Is a Business Exit Plan? As the name implies, a Business Exit Plan is a strategy for smoothly transitioning to new ownership to help maximize...
15 May SAM GOLDENBERG & ASSOCIATES APPOINTED THE SUNBELT NETWORK’S EXCLUSIVE AFFILATE FOR NEW MEXICO
Posted at 12:48h
in Press Release
Santa Fe Business Brokerage Sam Goldenberg & Associates (SGA) Expands to Service the Entire State Santa Fe, NM, May 15, 2014–Sunbelt® (www.sunbeltnetwork.com), the world’s largest network of Main Street and Lower Middle Market business intermediaries, finalized an agreement with Michael Greene, president of Sunbelt’s northern New Mexico affiliate Sam Goldenberg & Associates (Santa Fe, www.SamGoldenberg.com) to be its exclusive representative for the state of New Mexico. Long-time Albuquerque Sunbelt Broker Doug Anderson has retired. “We...
09 May Super Downtown? Albuquerque Business First reports on the City of Albuquerque’s ambitious plans
Damon Scott Reporter- Albuquerque Business First May 5, 2014 If the city’s Downtown Albuquerque plans coalesce as hoped, could the real and perceived barriers between the corridor and East Downtown melt away? Last week, the city announced a slew of plans to revitalize Downtown. Those plans include an attempt to harness the momentum and opportunity already taking place with its EDo neighbors. All the activity would have big implications for the city’s commercial real estate...08 May New Mexico Regional Map
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Click for a list of the larger cities in New Mexico’s regions
08 May New Mexico Business Valuations
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What Is a Business Valuation? In essence, a business valuation puts a dollar figure on your business. Whether you’re looking to buy or sell a business, getting a defensible valuation that accurately reflects its transferable value is foundational to the process. A market-based price helps generate more interest, can put the buyer and seller on the same page, and will stand up to the scrutiny by a lender’s underwriting process. These days, most SBA and...
07 May About
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New Mexico’s Leading Business Brokerage Sam Goldenberg & Associates, also known as SGA, has evolved a comprehensive approach to facilitating the buying and selling Main Street and medium-sized businesses. SGA is the oldest business brokerage in New Mexico and the name behind the sale of some of the state’s top-name brands, including Senor Murphy’s Candymaker in Santa Fe, OGB Architectural Millwork in Albuquerque, and Sher-Wood Fine Wood Cabinetry in Las Cruces. As New Mexico’s exclusive...
03 May Buying a Business
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BUYING A BUSINESS IN NEW MEXICO We Know New Mexico Business Launch your business career with an operation that has a brand known in the community, established customers, and vendor relationships in place. Often the current owners have worked through the various kinks involved in starting up a business, correcting their mistakes and honing their business model. The result is that you step into a turnkey situation. A business broker can help guide you through...
28 Apr Farmington May Become the Next Arts & Cultural Districts in New Mexico
Posted at 16:18h
in Business Buyers' Articles
An interesting article recently appeared in the Farmington Daily Times discussing a movement just getting underway to make Farmington one of New Mexico’s Arts & Cultural Districts. Farmington artists, business owners consider New Mexico Arts and Cultural District designation Joining program could increase tourism, revitalize downtown, officials say April 22, 2014 By Hannah Grover, The Daily Times FARMINGTON — Local artists hope to transform downtown Farmington into one of New Mexico’s Arts and Cultural Districts...
28 Apr The Pros and Cons of Being Your Own Boss
Posted at 15:57h
in Business Buyers' Articles
Running your own business is not just another job; it’s a lifestyle. With employers demanding more and giving less, many consider the trade-off worth it. What one person perceives as a burden, another relishes as an opportunity, but this is not to say that owning and running your own business is necessarily for everyone. We encourage you to look at some of the Pros and Cons and to talk to acquaintances, friends and family members...
27 Apr What Happens During Training and Transition
Posted at 22:37h
After the purchase is complete, one of your top priorities will likely be to ensure a smooth transition. In all but a few rare instances, the seller will assist during this phase. With their help, you will be able to learn the intricacies of the business, and the Seller’s presence will also provide much needed stability. Your regular customers will feel comfortable, and employees – who might already be fretting about their job security –...
27 Apr Choosing the Right Business
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Despite the many advantages that purchasing an existing business offer, the business’ strong financial and operational track record alone is not an absolute guarantee of continued success. Choosing a business that fits your interests, experience and financial capacity is paramount. Below are suggestions to help you identify a such an opportunity. Will the business allow you to capitalize on your qualifications and experience? Identify what you do best, whether it’s business development or interacting with...
