Seller Financing Remains Common Practice
Year-over-year trends show an increase in cash at closing with the exception of companies which sold between $5MM to $50MM.
General
Tip #058 “What will I do if I sell the business?”
Many business owners are afraid to sell their business because they don’t know what they will do afterward. This can be a big mistake because they aren’t motivated to continue growing their company, jeopardizing its value when they do sell. Business owners need to seriously explore the many opportunities that… Read More »Tip #058 “What will I do if I sell the business?”
Accelerent Round Table at Delta
Karen Kramer hosted a great round table at Delta, where a lively discussion took place while enjoying delicious homemade pulled pork, coleslaw, and bread pudding. The pulled pork was slow-cooked for 20 hours on the smoker, resulting in tender and flavorful meat. These gatherings are crucial for fostering business understanding… Read More »Accelerent Round Table at Delta
Average # of Months From LOI To Close By Deal Size
The average time to sell a small business increased across most deal sectors, with a significant jump for businesses valued at $5 million or more. Of that time roughly 60 to 120 days are spent in due diligence and execution, after a signed letter of intent or offer.
Estate and Succession Planning
Kim Mehring had the privilege of attending the Estate and Succession Planning event organized by Integro Bank. We express our sincere appreciation to Elaine Szeto and Thomas J Inserra for their efforts in arranging these events. Samuel Richardson, a representative from Phocus Law, delivered a presentation discussing the importance of… Read More »Estate and Succession Planning
Average # Of Months To Close From Engagement Of Advisor By Deal Size
The average time to sell a small business increased across most deal sectors, with a significant jump for businesses valued at $5 million or more. Of that time roughly 60 to 120 days are spent in due diligence and execution, after a signed letter of intent oroffer.
Fresh Start’s 6th Annual Wine Women & Shoes
Had an incredible experience at Wine Women & Shoes, orchestrated by the Fresh Start Auxiliary Board and proudly sponsored by JPMorgan Chase. This event helps provide access and resources that help women in our community achieve self-sufficiency. Our delightful afternoon kicked off with wine tasting, retail therapy, silent auctions, interactive… Read More »Fresh Start’s 6th Annual Wine Women & Shoes
Planning
Had a fantastic evening at Kiki Rae’s planning the next quarters Accelerent events with Allison
Median Multiples, Year-Over-Year, Q2 2019-2023
It appears that Buyers are paying much more in interest now. Thus, they either put in a lower price or accepted smaller returns, and right now the lower price appears to be winning.
WATT Sisters
Always in awe of the wisdom shared by my WATT sisters! This morning, Denise Kaye offered an essential checklist that everyone should consider, especially as we and our parents grow older. Additionally, Barbara Kaplan illuminated the intrinsic interior designer that resides in all of us. Grateful for such enriching discussions… Read More »WATT Sisters