Inc. Magazine's personal
finance expert, Lewis
Schiff, explains why there
is a stunning increase in
small business buying
and selling activity. Here
is his observation from
August 2008's article
entitled, "Is It Time to
Sell? --
“My take: From an
investor's point of view,
tax reform seems
extremely likely. This will
probably take the form of
higher capital gains tax
rates. Beltway insiders
tell us this would probably
take effect beginning with
the 2010 tax year although
it may be retroactive to
partway through 2009. If
cap gains go up, and
combine with a weak U.S.
Dollar, look for a HUGE
flurry of selling to take
place in both private
business and public
markets... It will also add a
great deal of liquidity to
the economy. ”
America is testimony to the fact that within most every person there lies the seeds
for successful entrepreneurship. It doesn't matter where you came from, who
raised you, whether you speak the King's English, understand business lingo,
whether you have failed before, or if you have more dreams than pocket change. It
truly doesn't matter.
Why are people throughout North America and the world buying American and
Canadian Businesses?
Money. That's still the biggest reason people take on part-time or full-time
businesses. And with housing prices in freefall, refinancing pathways barricaded,
gas prices skyrocketing, and share of costs for health-care premiums rising, not
to mention income freezes -- extra income can mean the difference between
financial salvation and debt-drowning.
Security. Many professionals today are looking at second jobs as a fallback
because they feel, correctly, that their main job is not completely safe.
Freedom. A second job or career can bring psychological benefits, such as the
feeling of not being shackled to one company, experts say.
Making Your Own New Opportunities: Fast track to a thriving career if you dead-
ended where you are now.
New skills. Taking on a part-time business could be a way to test new waters or
boost your entrepreneurial skills.
Industries For The New Millenium. Bootstrap yourself to an industry that is
forward-thinking and growing. If you are manufacturing today’s equivalent of horse-
and-buggy parts, bullet-train assembly is going to put you in better stead in the
21st Century. Besides, If you are great at programming websites, but work
everyday as a nurse, you may have a hard time convincing a programming
organization to hire you for your first paid gig in an untested field. You can give
yourself a chance at a new career for which a potential employer may not be
willing to consider you a competitive candidate
321BuyBiz.com was founded to bring business buyers and business
sellers together in a marketplace filled with information, how-to guides,
expert forms and worksheets that save both time and money. Our
website buzzes with ideas that will challenge your imagination and
spark creativity. Our informative pages on small business issues are
enhanced by the contributions of noted authorities in the field of
businesses for sale and start-ups. Our links are updated regularly to
bring you even more expertise on the web and beyond.
Marlene Allan, Founder,
321BuyBiz.com
321BuyBiz.com was founded by small business entrepreneur
Marlene Allan. Ms. Allan earned her Master's in Business
Administration through the California State University system,
and has specialized in Healthcare Administration and
Marketing since 1983. She has operated several
e-commerce businesses and administers a small medical
group practice in Southern California along with her website
management responsibilities. She is an active community
volunteer and patient advocate. For four generations, her
ancestors have been small business entrepreneurs in the
United States and small business for Ms. Allan is both an
instinct and a educated art.
The American Dream Is Alive and Well. Thousands of American and Canadian
Small Businesses Are Available For Purchase and Thousands of Entrepreneurs
Are Searching For "The Right" Businesses For Sale.
Lewis Schiff, National Financial Expert
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