Blog

Posted by michael.wright@vann-group.com | October 2, 2015

The Vann Group’s Business Advisor, Tara Brewster, has joined forces with Business Betties, an organization that specializes in helping passionate women brand their businesses. Suzanne Larocque and Allison Biggs created a superb alliance by combining their strengths to provide an image-driven model for women to improve their message to the world. With her entrepreneurial acumen and retail chops, it’s no-brainer that Business Betties wanted to add Tara to their Sisterhood. Tara’s been throug...

Posted by michael.wright@vann-group.com | June 18, 2015

Gary Ampulski, Managing Partner of Midwest Genesis, believes there’s an “Age Wave” bearing down on us like a tsunami with the potential to wreck any unprepared business, which he explained in a recent blog post, There’s a Prefect Strom Approaching for Exiting Business Owners. People over the age of 53 own 70 percent of all businesses according to the US Census Bureau, and Ampulski paints a scenario where all of these business owners are relying on the sale of their businesses to fund ...

Posted by michael.wright@vann-group.com | June 12, 2015

A new Columbia Business School paper co-authored by Barbara Roberts, entrepreneur-in-residence at Columbia Business School, and Murray Low, director of entrepreneurship education at the Eugene Lang Entrepreneurship Center at Columbia Business School, may interest you. The paper, which was commissioned by U.S. Trust, follows eight successful entrepreneurs as they navigate the challenges of relinquishing their businesses. “Building a successful business can be wildly exciting, all-encompassin...

Posted by michael.wright@vann-group.com | June 10, 2015

[caption id="attachment_515" align="aligncenter" width="316"] Kevin and Michael Vann at Springfield office[/caption] In a recent Business West article, Kevin and Michael Vann offered sound advice to get your succession planning started. The George O’Brien article covers why you probably don’t have a succession plan in place and why you ought to have a succession plan, using Magic Wings Butterfly Conservatory and Gardens as a case study. In the article, Kevin and Michael explain when yo...

Posted by michael.wright@vann-group.com | May 1, 2015

BizBuySell.com has released its First Quarter Insight Report, a nationally-recognized economic indicator tracking the health of the U.S. Small Business Economy. In the first quarter of this year, a total of 1830 small businesses were sold. The total is up six percent from last year and continues a two-year trend of robust activity. A recent survey of buyers, sellers and business brokers conducted by the same organization attributed the transaction increase to the growth of supply and demand in...

Posted by michael.wright@vann-group.com | March 19, 2015

Tara Brewster joined the Vann Group in 2014, bringing with her 20 years of retail experience. She has worked for small, independent brick and mortar businesses and multi-million dollar wholesalers, holding positions such as Manager, Promotions Director, Buyer and Regional Sales Manager. Tara even owned her own successful high-end men’s apparel business, Jackson & Connor in Northampton MA, which she and her partner sold in 2013 to an employee. Tara is an expert in the retail sector: she...

Posted by michael | July 9, 2011

A big congratulatory shout out to the team at Social Turbine, for having their post "Google + and the Disappearance of the Wonder Wheel" featured on Social Media Today.  Frankly, I had never heard of this Google feature but according to the guys at Social Turbine, its going to be sadly missed in the social mediasphere.  Please be sure to check out the post and if you still haven't figured out what the Wonder Wheel is and why it will be missed, I suggest getting in touch with Social Turbine...

Posted by michael | July 16, 2011

Sometimes I have a horrible time sleeping and find myself awake at odd hours of the night.  Last night happened to be one of them, so I decided rather than try to fall back asleep that I would get up and do a little work.  When I opened up email, I had a Facebook friend request from someone that I really had no idea who they were. I’m not the type to use Facebook for anything particularly personal, so I generally accept all friend invitations; assuming that the person is a friend of someone...

Posted by michael | August 10, 2011

The Vann Group is currently seeking a Marketing Assistant to handle marketing activities for its various operating companies.  The ideal candidate will be proactive, detail oriented, able to easily multi-task and have exceptionally strong comprehension and writing skills.  Primary job responsibilities include the following: Develop, send and monitor weekly/monthly email newsletters for each of our companies, which will require writing for different audiences. Utilize current and past c...

Posted by michael | September 2, 2011

Are you a key employee or the next generation in a family owned business?  If so, you've likely thought about making the next step in your career, one where you can transition from the ranks of the employed to the fraternity of business owners. If you haven't thought much about, what are you waiting for? Its a great time to be young and in business.  In the coming years, millions of baby boomer business owners are going to transition their ownership to the next generation of business owners a...

Posted by michael | February 3, 2012

For some people, January 1 is a time of renewal and beginning, and thus is a clean slate that should be embraced. To a business owner it’s the complete opposite; it’s incredibly discouraging to realize that we have to start over because the calendar switched days.  As such, the dawn of a new year has an incredibly unnerving ability to remind us all that the past is farther away than ever. Coming into year four or five of a major recession will also do the same, leaving us longing for the go...

Posted by lorrie.macy | November 9, 2012

Professional Advisory Services firm the Vann Group, LLC recently announced the merger of its subsidiary Social Turbine, LLC with WhatArmy, Inc. Social Turbine is a full-service social media management company that specializes in providing small & mid-sized businesses with a professional outsourced solution for all their social media engagement needs. Based in Bedford, MA, and now with offices in Springfield, MA, WhatArmy fixes and updates websites for 100s of small and mid-sized client ...

Posted by lorrie.macy | December 11, 2012

One of the most dreadful parts of starting or running a business is writing the business plan.  They can be incredibly boring, long-winded and often times end up collecting dust on your bookshelf.  We are here to fix that, welcome to Business Plans 101 – the most basic and uncomplicated understanding of what’s good and bad about business plans that you will find.  What Does a Business Plan Do?  A business plan precisely defines your business, identifies your goals, and serves as...

Posted by lorrie.macy | December 18, 2012

Conventional Business Plan Problems There is a reason why people hate reading business plans as much as people hate writing them: Business plans are: Longwinded All encompassing Time consuming to read/write Too much work for too little benefit  There is no true standard for what a business plan needs to look like and what it should contain  Every business needs one; nobody likes to write them and generally lack the experience to write a good one  Writers typically d...

Posted by lorrie.macy | February 20, 2013

As a part of Monson Savings Bank’s Business Seminar series, Kevin Vann will be presenting a workshop entitled “Succession Planning: From Knowing When the Time is Right to Getting the Deal Done.”  Kevin has advised business owners through the succession planning process for years and, no matter the business or industry, one thing holds true—it is never too early to start planning.  If you are interested in learning more about the process, how and where to begin, we invite you to join...

Posted by michael | February 23, 2013

Even though its only the end of February, its never too early to comment on market trends that we are seeing so far this year.  Based on our activity and what we are hearing from our clients and associates, here is what is happening so far in 2013: General transaction activity (financing, sales and succession plans) has taken a collective pause.  Given the level of 2012 Q4 activity this isn't a surprise.  In the past few weeks we've seen some smaller activity start to occur so we fully ...

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