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Launching a small business is challenging in the best of times. Imagine what budding entrepreneurs face when approaching traditional lenders in the hope of launching their dream venture in the current credit crunch that is bringing some of the nation’s biggest corporations to their knees. "A year ago, it was hard but not impossible — if you had a good relationship with the bank, repaid loans in the past and your personal expenses were under control," says Charles Edmonds, a Fort Worth business broker.
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Launching a small business is challenging in the best of times. Imagine what budding entrepreneurs face when approaching traditional lenders in the hope of launching their dream venture in the current credit crunch that is bringing some of the nation’s biggest corporations to their knees. "A year ago, it was hard but not impossible — if you had a good relationship with the bank, repaid loans in the past and your personal expenses were under control," says Charles Edmonds, a Fort Worth business broker. |
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By BARRY SHLACHTER
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Posted on Sun, Nov. 02, 2008 Entrepreneurs are facing credit crunch |
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IBBA Honors Four Brokers / Intermediaries For Immediate Release December 8, 2008 (Chicago, IL) – The International Business Brokers Association (IBBA) is honoring four of its members with its most prestigious awards. IBBA is the largest international non-profit association for people and firms engaged in business brokerage and mergers and acquisitions.
Edwin Kan Hing Lee, CBI, CPA, CFA of Hong Kong Business Intermediary Co. Ltd in Hong Kong, China and Pino Bacinello, CBI of Sunbelt Business Brokers Pacific Inc. in Vancouver, B.C., Canada have been awarded the 2009 Chairman’s Award. The Chairman’s Award recognizes individuals who have significantly helped the IBBA Chair or made outstanding contributions to the association during the Chairman’s term.
Jerry Cofield, Jr., BCI, CBI, M&AMI of Corporate Investment International of North Florida, Inc. in Jacksonville, Florida and L. Charles Edmonds, Jr., CBI, MCBC, BCB, CBC, LREB of Charles Edmonds & Associates, Inc. in Fort Worth, Texas were awarded the Tom West Award. The award, named after one of the founding members and the first professional manager of IBBA, recognizes Cofield and Edmonds for their continuous efforts to enhance the public image of the business brokering profession.
“Without the outstanding contributions of individual members like these award winners, IBBA wouldn’t be able to reach our goals,” said Pat Appelhans, IBBA president. “Their efforts have gone a long way to enhancing the business brokerage and M&A professions.” For more information on IBBA go to: www.ibba.org.
The International Business Brokers Association is the largest international non-profit association operating exclusively for the benefit of people and firms engaged in the various aspects of a business brokerage and mergers and acquisitions. Today, the IBBA has more than 1,950 cooperative business brokers and intermediaries across Canada, Mexico, Asia, Europe, Australia and the United States. For more information, visit www.ibba.org
Media Contact: Scott Stein Leonard & Finco Public Relations (920) 965-7750 |
