Minnesota Business Round Up What matters: What states are open and what restrictions are in each state? What is going on with Capital Gains? What is going on at the State Capitol regarding PPP loans? View Article Manufacturing Industry Update Savvy private equity groups continue to move into the precision manufacturing industry. Pine Island Capital...
What is the Biden administration doing on capital gains taxes? The administration has indicated an increase in the capital gains tax, from 20% to approximately 39.6%, for the nation’s highest earners might be coming. It’s a tax on the growth in value of investments incurred when individuals and corporations sell those investments. When the assets...
Private Equity Groups Continue to Target Precision Industry Savvy private equity groups continue to move into the precision manufacturing industry. Pine Island Capital Partners, LLC (partnering with Bain Capital Credit, LP), a Washington D.C. PEG agreed to a buyout to acquire Precinmac Precision Machining. Precinmac is a four-division precision shop with locations in the US...
Written by Keith Payne, Business Advisor, Broker and Industry Expert Source: The Minnesota News - Spring 2021 by MIIAB "I am very fortunate to work with business owners across multiple industries, and I can assure you that no business owners are more connected to their clients than a family-owned insurance agency. Owners invest their careers...
SBA Prioritizes Small Businesses in the Paycheck Protection Program Building on a month of strong results, the Biden-Harris Administration and the U.S. Small Business Administration are taking steps with the Payment Protection Program to further promote equitable relief for America’s mom-and-pop businesses. View Article Optometry Industry Update “The American Academy of Ophthalmology declared 2020 to be the...
The latest round of Paycheck Protection Program funding opened one month ago and already it has succeeded in making major improvements to the program’s implementation: For businesses with fewer than ten employees, the share of funding is up nearly 60%For businesses in rural communities, the share of funding is up nearly 30%The share of funding...
A core variable in valuing a main street business is Seller's Discretionary Earnings (SDE). SDE quantifies the earning power of the business for an owner-operator.
Once you have narrowed down your top choices for a purchase, you will want to learn more. At this point you understand the business at a high level, and you are serious enough about purchasing that you are ready to see the business and meet the owner. This is an important step before you submit...
2021 Economic Outlook CIBC’s Deputy Chief Economist Robert Tal presents on what 2021 will look like amidst the COVID-19 pandemic and the economic impacts it has had. How long will the winter be? How strong will the second half be? Any scarring? https://youtu.be/mEpKJZTOxHU Full Article Here Trucking Industry Update Mid-October 2020, American trucking and logistics...
