Link to article on leveraging WEG for business oppotunities

http://www.bizlex.com/Articles-c-2010-05-12-92605.113117_Leveraging_the_WEG_requires_flexible_thinking.html

Useful website for start-up

I recently discovered the Startup Nation http://www.startupnation.com/ website and it has some useful information. I also created a Kentucky Network group on there .

On Thursday December 10th, Sens. Landrieu and Snowe introduced S. 2869, the Small Business Job Creation and Access to Capital Act. This new bill contains a series of measures that were separately introduced by Sens. Landrieu and Snowe earlier this year. The Senate Small Business Committee will mark up S. 2869 next Thursday, December 17th. The bill and a section-by-section are attached for your review. Highlights of the legislation include:
Increase the loan limit on 7(a) loans from $2 million to $5 million.
Increase the loan limit on 504 loans from $1.5 million to $5.5 million.
Increase the loan limit on microloans from $35,000 to $50,000.
Allow the 504 loan program to refinance short-term commercial real estate debt into, long-term, fixed rate loans.
Extend the authorization to provide 90 percent guarantees on 7(a) loans and fee elimination for borrowers on 7(a) and 504 loans through December 31, 2010.
Direct the SBA to create a website where small businesses can identify lenders in their communities.
Increases the maximum guarantee on 7-A loans to $4.5 million
Changes the eligibility criteria to (a) a tangible net worth not to exceed $15 million and (b) the average net income after Federal Taxes over the past two full fiscal years is not more than $5,000,000.

This Bill is deserves support !

Restaurant Real Estate Opportunities

The current economy is creating a lof of opportunities for restaurant growth for operators that can take advantage of the market . Rather than grow by spending the capital to build a new facility or convert a non foodservice facility into a restaurant, there are many " second generation space " opportunities which are spaces that have already been built out for a restaurant and can be acquired at a much lower investment than a new build out . Restaurant infrastructure is expensive with costs for HVAC , fire protections systems , cooler/freezer systems, etc.. Opportunities exist out there throughout Kentucky and beyond to grow your business at reduced capital investment costs .

Limestone M & A Alliance formation - self starting business stimulus

Two Kentucky business intermediaries , Mr. Jay Knoblett (owner of Arlington Scott, Inc.) and Mr. Mark Sievers (owner of The Sievers Company LLC) , have formed the Limestone M&A Alliance . This alliance, which will operate as a consortium of independent companies , has been created to respond to the challenges of our economy by facilitating more and faster paced information sharing among the business community. This will accelerate main street and mid M&A market deal flow which in turn should play an economic stimulus and development role in the Bluegrass region and beyond.

The Limestone M&A Alliance http://www.limestonealliance.com/ welcomes affiliations with business/professional individuals and organizations . Their database of buyers, sellers, lenders and professional resource providers will initially focus on Kentucky but will be global in scope.

Workout plan often a better alternative to bankruptcy

In the current economy there are many good solid businesses that are troubled or may become troubled later this year . This is a link to an article about how developing a workout plan can be a better alternative to filing bankruptcy :

http://www.franchisetimes.com/content/story.php?article=01246

Buzgate - Business Resorce

Today I ran across this business resource some readers might find useful .

Buzgate www.buzgate.org