From business brokerage to mergers and acquisitions; we are the business sale specialists.
Most buyer and seller discussions revolve around the historical financial performance of the business. The amount of time analyzing, planning, and discussing the financial numbers dwarf other discussions about the business. However, business stats alone, while essential, are insufficient for a buyer to pull the trigger to make a buying decision. Every buying decision needs a WHY, and every why starts with your business story.
Jul 2, 2019 7:56:15 AMRead Blog
Gen Z's, people between the ages of 7 and 22 in 2019, are a larger percentage of the population than Millenials, Genx's, and Baby Boomers. To sell your business to them someday, you need to go where they are, on-line, and truly listent to them.
Jul 2, 2019 6:53:53 AMRead Blog
Great news for Minnesota startups. Governor Walz signed the Omnibus Tax Bill which reinstates the Angel Tax Program with up to $10 Million in credits.
Jun 27, 2019 5:50:00 AMRead Blog
There is no perfect business. Every business has challenges and you’re business will be a shining star in buyer’s eyes, if you disclose them early, and have a plan to help the buyers mitigate those challenges. Stack the cards in your favor by fully disclosing the warts. Full disclosure is the best chance of actually closing the sale with the best price.
Jun 4, 2019 10:44:55 AMRead Blog
Retirement can be a little scary with the unknowns, but so were kindergarten, graduation, weddings, and all the other “first time’s” you have survived. Have fun! Purchasing a business can be a great chance to earn extra income, and provide a purpose while doing something you enjoy in your retirement. You can be your own boss and determine your own destiny. Starting a business from scratch can be risky, slow to cash flow and require more of your time and effort just to get it off the ground than desired. Purchasing a business with ongoing operations, can be profitable from day 1 with ready made customers, and processes.
May 31, 2019 12:13:36 PMRead Blog
Selling your business requires more skill than luck. Sellers can prepare by knowing what buyers are looking for. Contact a Business Broker for help.
May 18, 2019 2:43:29 PMRead Blog
Franchise re-sales offer several advantages compared to starting a franchise from scratch. Each franchise will have advantages and disadvantages compared to non-franchise businesses which must be weighed by the buyer. As in any business purchase, the purchase price is important for future returns on investment, and the reason for sale can influence the negotiations and ultimate sale price. Franchise re-sales can take a little extra time for the franchise related sale requirements.
Apr 30, 2019 7:41:59 AMRead Blog
If we focus all our attention on the really bad, we’ll probably not take any risk because of the 0.5% chance of the worst case scenario. Few, if any worst case scenarios show positive cash flow. If we are always worried about what could go wrong, chances are we won’t start a potentially profitable business. Expect the expected. Things are usually what they seem. That’s the way to bet if you’re playing the odds.
Apr 25, 2019 8:34:26 AMRead Blog