News
COVID-19 and how it’s impacting business
By Adam Armstrong |
We hope everyone is staying safe out there and enjoying the extra time with their families. Junior is getting a kick out of using the conference room while he learns online. We can’t wait to add him to the staff in a few more years! We continue to work normal hours to serve our customers.…
FedEx Ground will start delivering FedEx Express packages in March!
By Adam Armstrong |
“FedEx Express will funnel some packages to the company’s ground unit for residential delivery to improve efficiency as online shopping continues to grow. The company said Friday that the change will begin next month in Greensboro, North Carolina. FedEx Express currently uses its own vehicles for the so-called last-mile delivery of packages that come off…
How to protect yourself in a listing agreement.
By Adam Armstrong |
I recently received an email from a would-be seller asking about how to get out of a listing agreement with another broker who they’ve been stuck with for nearly a year and have had zero potential buyers come to them. I recommended that they talk with an attorney to figure that out. This was one…
Changes to SBA Approval Process with ROBS Equity Injection
By Adam Armstrong |
You may have heard that the Small Business Administration has made a few changes to the approval process for SBA loans that are combined with Rollovers for Business Start-ups (ROBS) as the equity injection. All newly originated SBA loans that use Rollovers for Business Start-ups as the equity injection must be sent through the general SBA…
FedEx Ground is moving to operating 7 days per week!
By Adam Armstrong |
Capital Route Sales, Inc. is not endorsed by and is not recommended by Federal Express Corporation and FedEx Ground. Capital Route Sales, Inc. is not sponsored by, is not approved by, is not associated with, and has no connection whatsoever with Federal Express Corporation or FedEx Ground. MEMPHIS, Tenn., May 30, 2019 — FedEx Corp.…
Cyber Monday sales on pace to hit $7.8 billion.
By Adam Armstrong |
Cyber Monday sales are on pace to hit $7.8 billion by the end of the day, Adobe Insights revealed Monday morning, making it the largest online shopping day in U.S. history. That projection, made by the firm at 10:30 a.m. ET, would represent an increase of 18.3 percent compared with the same time last year,…
Can routes be run absentee?
By Adam Armstrong |
One thing you have probably noticed while looking for a route is how many ads claiming the business can be absentee ran. But can it? The parent company hates hearing that you aren’t going to be around. In fact, they have turned away would be buyers who said they were planning on running the business…
When should I get pre-qualified to buy a business?
By Adam Armstrong |
Similar to buying a house, one of the first steps buyer candidates should take when buying a business is to get pre-qualified for financing. Fortunately, our SBA lenders can assist you with various financing options. Here are three reasons you should get pre-qualified early: Determine fundability. Using a pre-qual tool, candidates can find out not…
Christmas and Holiday gift returns are great for the shipping giants.
By Adam Armstrong |
Don’t like your holiday present? That’s a gift for FedEx and UPS. The companies stand to gain as fickle shoppers — and hard-to-please loved ones — send items back to retailers and other vendors in droves. Consumers will return about $90 billion worth of goods this holiday season, estimates Optoro, a firm that specializes in…
Cyber Monday breaks records.
By Adam Armstrong |
Cyber Monday sales were on pace to hit $6.59 billion by the end of the day, Adobe Insights revealed Monday evening. That projection, made by the firm at 10 p.m. ET, would represent an increase of 16.8 percent when compared with the same time last year, Adobe found. The firm measures 80 percent of online…