By Victor S. Parra, Contributor Not too long ago I read an interesting article in the Wall Street Journal (WSJ) about selling a small company. The article was entitled, “Who will inherit the family business? Often, it’s Private Equity.” Needless to say, the article jumped right out at me. I suspect the issues these families…
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By Matt Hotchkiss, Senior Vice President, Bus Division Sales Manager, Commercial Vehicle Group, Wells Fargo Equipment Finance The motorcoach industry has always had its fair share of challenges, typically brought on by major economic events. The most recent impact to the U.S. economy was the COVID-19 pandemic, and prior to the pandemic, companies had to…
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By Sharon L. Broo, CTA, Contributor As professionals in the motorcoach industry, you’re probably saddled daily with never-ending responsibilities related to logistics, operations and planning. Perhaps offering travel insurance has never even occurred to you. Or you’ve thought about it, but the thought of adding one more responsibility to your plate is overwhelming. The good…
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By Victor S. Parra, Contributor When you read this headline, you may be asking yourself, “Why do I care? I’m not interested in selling my business.” Uncertainty seems to control a lot of decision-making these days. With Wall Street analysts continually touting their concerns for an economic downturn in 2023, business planners are hesitant to…
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