This week, we are sharing characteristics of those who purchased businesses in Q1 2021 (Market Pulse Survey) for less than $500,000, $500,000 to $1 million, $1-2 million, $2-$5 million and $5-50 million. $2MM-$5MM: Buyers in this sector were: • First-time buyers (36%), serial entrepreneurs (28%), or existing companies (24%) • Motivated… Read More »2021 Q1: Who Purchased $2MM-$5MM Businesses?
When a business owner calls and says it’s time to sell, one of my first questions is: “How soon do you want to be out?” Typically, the answer is “Yesterday.” Unfortunately, business owners underestimate how long the process to sell a business actually takes. Once we sign our engagement agreement… Read More »Are You Ready?
This week, we are sharing characteristics of those who purchased businesses in Q1 2021 (Market Pulse Survey) for less than $500,000, $500,000 to $1 million, $1-2 million, $2-$5 million and $5-50 million. $1MM-$2MM: Buyers in this sector were: • First time buyers (27%) or serial entrepreneur (29%) • Looking for a… Read More »2021 Q1: Who Purchased $1MM-$2MM Businesses?
This week, we are sharing characteristics of those who purchased businesses in Q1 2021 (Market Pulse Survey) for less than $500,000, $500,000 to $1 million, $1–2 million, $2-$5 million and $5-50 million. $500K-$1MM: Buyers in this sector were: • First time buyers (37%), existing companies (30%), serial entrepreneurs (27%) • Motivated to buy a job (30%) gain a horizontal… Read More »2021 Q1: Who Purchased $500K-$1MM Businesses?
This week, we are sharing characteristics of those who purchased businesses in Q1 2021 (Market Pulse Survey) for less than $500,000, $500,000 to $1 million, $1-2 million, $2-$5 million and $5-50 million. <$500K: Buyers in this sector were: • First time buyers (39%), serial entrepreneurs (34%), or existing companies (25%) •… Read More »2021 Q1: Buyers of <$500,000 Businesses
Yes, it’s overwhelming. There is so much new technology invading our world it can be hard to understand and realize it’s impact. Business owners have to figure out what might help their businesses grow. Whether it be email campaigns, social media, e-commerce, more functional websites, cloud computing or new equipment,… Read More »Tip #32 Business owners must take advantage of the new technologies!
Companies need to hire, but to do that they first need to hire the people who do the hiring. Postings for human resources jobs have jumped to 52.5% above the pre-pandemic baseline, according to research from Indeed. It’s a stunning comeback for HR departments, where postings plunged to 56% below… Read More »HR Recruiting!
With most acquisitions, a strategic purchaser is looking to grow value by enhancing their top and bottom line. These acquisitions work best when they accomplish one of two goals: leveraging a core advantage or minimizing a weak area. The more market share one acquires, the greater the top line …… Read More »Increase Market Share: Leverage Strength, Minimize Weakness
According to the Market Pulse 2021 Q1 survey in the Main Street market, personal services were trended throughout the sector. In the lower middle market, manufacturing and construction/engineering dominated industry transitions. Source: IBBA & M&A Source Market Pulse 2021 Q1 (published 5/26/2021) #DeltaBusinessAdvisors #MergersandAcquisitions #BusinessBrokers #MandAMarket #DailyBusinessAcumen #MASource #IBBA #MarketPulse #MainStreet