Sell-side Mergers and Acquisitions.
If you’ve owned your business for several years, you have already been amazingly successful! Take for instance the recent findings that Review 42 reported: 20% of small businesses fail in their first year. 30% of new businesses fail during the first two years. More than half of new businesses fail… Read More »Is it Time…?
Interest rate increases, inflation, employee shortages, conflict in the former USSR, COVID-19… In many years, any one or two of these could have put a damper on the number of businesses sold. However, business sales continue at a fevered pace. Last year, global M&A transactions totaled $5.8 trillion, 48% above… Read More »Record Breaking # of Business Sales
Economist Steven Chiavarone states that a whopping 40% of the world’s palladium comes from western Russia, near its border with Ukraine. No palladium, no catalytic converters. No catalytic converters, no cars. Additionally, Russia is a top producer of nickel…a key ingredient in steel and electric car batteries. Experts can’t predict… Read More »Palladium: Russia, Ukraine, and You?
There are a number of perks business owners take from their business. These include, but are not limited to, basics like auto expenses, memberships, and insurance plans to extras like entertainment, vacations, or having an additional family member on the books. Perks are another way for owners to get further… Read More »Business Perks – Benefit or Detriment?
Ask yourself: If I became incapacitated, can my business run without me? If no, buyers will be concerned about the business’s ability to operate without you. If yes, no need to continue reading ;-)! If you can’t get away for at least one week of vacation at a time… If… Read More »Avoid Key-Person Risk
We meet business owners who worry that a niche will limit their opportunities and sales. However, a niche can often be the key to growth…and can increase your overall business value! Why are niches attractive to Buyers? #1 or #2: It is much easier to be #1 or #2 in… Read More »Buyers Targeting Big Fish in Small Pond!
Labor issues, pending tax changes, inflation – these are three major issues driving sellers to market right now. If you feel a sense of urgency to sell, but just are not mentally ready to exit, you are not alone!Deals can be structured in many ways for owners who would like… Read More »Sell & Keep Working?
Many business owners struggle with exiting their business as it may feel like putting one’s child up for adoption. Research supports this: Entrepreneurs really do think of their business as a child. Research findings include similar brain activity between owners thinking about their business and parents thinking about their children.… Read More »Your Business = Your Baby
Often overlooked by business owners UNTIL the time of a sale are contracts…and believe me, it significantly impacts the value of your company on whether or not contracts are assignable. You do not want to negotiate assignability at time of sale! This may open the door for customers/suppliers to highjack your… Read More »Are Your Contracts Assignable
Congratulations! You’ve received an offer to purchase your business … and you weren’t even really thinking of selling right now! Before getting overly excited, it’s best to ensure that you and your company are ready to move on. Private equity firms may be genuine buyers, but please know that these… Read More »Wow! An Unsolicited Offer from a Private Equity Firm!