Excited to share that NAWBO’s WealthWise Women series kicked off with Phoenix Mayor Kate Gallego and an incredible lineup of speakers—both women and one proud father dedicated to his daughters’ future! We heard practical insights and actionable strategies for building wealth and legacy through entrepreneurship. Melissa Blatt’s journey seeking VC… Read More »NAWBO’s WealthWise Women series
It’s not surprising that a quarter of sellers are choosing to wait until after the 2024 election to bring their businesses to market. These owners are making a deliberate and strategic decision, anticipating that the post-election environment will provide greater clarity on economic policies, which could, in turn, enhance the… Read More »Impact Of 2024 Election Of M&A Decisions
Lisa attended the event where Chris Frye was honored as the 2024 Phoenix Local Business Person of the Year, hosted by Benefit Intelligence, Inc. The event took place on Thursday, August 29th, from 5 PM to 7 PM at The Ostrich, a speakeasy beneath Crust Pizzeria in Chandler. It was… Read More »2024 Phoenix Local Business Person of the Year event
This morning’s Women at the Top meeting was truly inspiring! We kicked off by celebrating Heather Locke’s latest milestone with Hammersmith Support. Dawn Kennington-Bejar reminded us to get our Thanksgiving orders in for some delicious meals. Leslie Kland gave us a fascinating lesson on the history of engineering, highlighting Imhotep… Read More »WATT Breakfast
Many companies have made successful acquisitions over a period of time. But the company to be acquired must find a good fit. It must be able to be integrated into the operation, and working with both sets of employees is a strong consideration. But acquiring another company can be a… Read More »Tip #069 Acquiring another company may be a good way to increase growth and value.
Download: https://www.deltabusinessadvisors.com/wp-content/uploads/2024/08/market-pulse-executive-summary-q2-2024.pdf
In the Main Street market, restaurants and personal services trended throughout the sector. In the Lower MiddleMarket, construction/engineering and manufacturing dominated transactions.
Most businesses do show a revenue cycle, and selling at the top of the cycle will bring the most money. But if the revenues have dropped, or are at a low point, then offers will reflect that. Buyers are not interested in having to use their resources and efforts to… Read More »Tip #068 Timing is key, selling at the top of the revenue cycle will bring the highest dollar.
The average time to sell a Main Street business varies from 7 to 9 months. Businesses in the LowerMiddle Market, however, saw an uptick in time to sell. The offer to close stayed somewhat consistent with the larger businesses taking a bit longer.
Thank you, Nate Jack, for hosting our Accelerent Executive Roundtable breakfast this morning at Paul Martins. It was great to gain insights from the CEOs and executives in attendance. Karen Bottesch Bank of AmericaLaura Hanchett Benefit Commerce GroupLisa Riley Delta Business AdvisorsJillian Zeeb Heidi’s Events & Catering, Inc.Adam Lavazza Lavazza SafetyGregg Kafka … Read More »Accelerent Executive Round Table