Michael F. Coyle is the Principal at CenterPoint Business Advisors, Inc. with offices in Franconia, NH and Lexington, MA. Michael is a Certified Business Intermediary (CBI) earned from the International Business Brokers Association and is a member of the New England Business Brokers Association.  Michael is a serial entrepreneur and has assisted more than 50 New England-based business owners exit their businesses on their terms.

michael@cpointadvisors.com

I'm not usually one for making predictions, but I think I'm on solid ground with these two statements: First, 2008, and perhaps 2009, will not go unmentioned in either history or economics textbooks. Second, being able "to tell your grandkids" is a small consolation as you consider the challenges you and your company face as we endure this storm...

This article explores ideas and strategies for staying on track with business goals and ultimately achieving a successful exit from your business.

>>Read the entire article here.

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What's New at CenterPoint

CenterPoint Transfers the Eastgate

CenterPoint Business Advisors, Inc. is pleased to announce the sale of the Eastgate Inn, Bar & Grill in Littleton, NH. The new owners are Kalpesh and Dimpal Patel of Delaware, who will be moving to Littleton to own and operate the motel. Kalpesh has both management and ownership experience in the hotel industry.

The Eastgate has long been a landmark at Exit 41 in Littleton. The motel consists of 43 units and a restaurant/function facility. Larry and Dawn Berg have owned the Eastgate for 6 years and will remain in the Littleton area.

O.J. Robinson of CenterPoint Business Advisors, Inc. represented the Bergs in this transaction.

Cash Is King: Why now may be a great time to sell your business
By Jeffrey Paquet, CBI

Jeffrey T. Paquet is a Business Advisor at CenterPoint's Franconia, NH office. Jeffrey holds a Certified Business Intermediary (CBI) designation from the International Business Brokers Association. His primary focus is to provide intermediary and advisory services to owners and the principals of companies with strategic value.  

jeffrey@cpointadvisors.com

Many business owners are now reaching retirement age.  They have grown successful businesses with the eventual plan of selling the business to fund their retirement.  Everything was going as planned until the economy took a drastic turn for the worse.  Bank failures, liquidity problems, bailouts; what does it mean to a business owner if they are preparing to exit my business?  Is now a bad time to sell even though its time for them to retire?  Will the owner get to retire?  Surprisingly, the answers to these questions are completely within an owners control...

This short article explores why current economic conditions may create an opportunity for a retiring business owner to make more on the sale of their business.

>>Read the entire article here.

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Mastering the Recession: How to build a successful business in difficult times
Guest Column By Mary Beth Quinn

Mary Beth Quinn, a Vermont small business veteran, is the CEO of The Growth Coach of Vermont. This coaching and mentoring business founded in 2007, is dedicated to helping Vermont small business owners maximize their professional and personal opportunities.

m.quinn@thegrowthcoach.com

Many people are worried about keeping their business afloat during this tough economic cycle. They feel like they have no power over what happens to their bottom line right now...Here is how you can master your business during this recessionary time:...

This article offers business owners successful strategies for growing their business in tough economic times.

>>Read the entire article here.

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651 Main Street - Suite 200 - PO Box 863 - Franconia, NH 03580 - 888.988.0999 - www.cpointadvisors.com