CIC Insights

One of the things I’m regularly asked to help clients with is ownership transactions, which could either entail buying a business or selling a business. There’s a lot involved in the conveyance process, and it’s typically fraught with friction points. The greatest challenge in many cases is replacing the existing owner with the new owner. Entrepreneurs wear many hats, so to speak, and they perform many functions. As the owner of the business, they are an investor, and as

People are like cats. If you don't understand what I'm talking about it's because you've probably never owned a cat. If you are, or were, a cat owner, you know that cats are creatures of habit. Their life is one of structure, and they like for everything to be predictable. They live on a regimented schedule and they like routines. For example, if breakfast is usually at 7:00 AM and you want to sleep in on a Saturday, forget about it! If you move a chair from one corner

I started my career in the commercial real estate industry back in 1986, and I spent the better part of two decades in the brokerage and corporate advisory end of the business.

I just finished reading the latest version of the CIC Small Business Economic Summary report (a copy is on the CIC website, if you’re interested in reading it). Because the report is entirely created by gen-AI, I always read every word of it before I release it to the public. 'Trust but verify', as they say. This is good advice for anyone using AI. ChatGPT is my gen-AI program of choice. I have found its accuracy has improved greatly, but I still check it.

Joe McCaffrey Business Advisor Community Investment Corporation February 25th, 2026 What the heck is a working capital revolving line-of-credit!?! Admittedly, I'm stringing a lot of words together here. The name may sound complicated, but it's actually very simple. Let me explain: Working capital is the amount of money you need to keep your business operating. Money is constantly flowing in and out of the business at different times, and you need more flowing in than wh