As April comes to a close, New York is at the epicenter of the Covid-19 Pandemic in the U.S.. Across the state, residents are sheltering-in-place and dealing with the health and finance issues posed by the pandemic. Business owners, meanwhile, continue to wrestle with the...
by Luis de la Prida, Managing Partner, The NYBB Group “Never take your eyes off the cash flow because it's the life blood of business.” This quote, uttered by businessman Richard Branson, is one that you have internalized to some extent if you run a...
We hope that you, your family, and staff are doing well and staying healthy. As fellow business owners, the partners of the NYBB Group understand the challenges that you are facing. We know that you are concerned about having enough cash flow, liquidity, and access to...
We are open for business and ready to help. Our whole firm is ready to assist business owners like you (and your advisors) with your professional needs as developments continue with the Coronavirus. Your health and safety are our primary concern. We are taking steps to protect you,...
There is no doubt about it, it can be exciting to buy a new business. However, in the process, it is very important that you don’t become unrealistic about future growth. Keep in mind that in the vast majority of cases, if a business is...
Every year countless great deals, deals that would have otherwise gone through, are undone due to a failure to properly utilize and follow confidentiality agreements. A failure to adhere to this essential contract can lead to a myriad of problems. These issues range from employees...
Selling a business is more than a big decision, as it is also quite complex. Finding the right buyer for a business is at the heart of the matter. In the recent Forbes article, “Ready to Sell Your Business? Follow These 3 Tips to Find...
Quality employees are essential for the long-term success and growth of any business. Many entrepreneurs learn this simple fact far too late. Regardless of what kind of business you own, a handful of key employees can either make or break you. Sadly, businesses have been...
Leases should never be overlooked when it comes to buying or selling a business. After all, where your business is located and how long you can stay at that location plays a key role in the overall health of your business. It is easy to...
Join the Alliance of Merger & Acquisition Advisors Long Island Chapter for a Fireside Chat featuring Mark Burford, Co-Founder of Blue Point Brewing Company, on Wednesday, March 21, 2018. In 1998, Mark Burford, a Long Island native, co-founded Blue Point Brewing Company in Patchogue and began...
