Determining a business’s value is not as simple as profit and loss. When asked, many, if not most, small business owners do not have a firm answer to give to the question, “How much is your company worth?” A number of variables are at work in the valuation of any business. This is by no […]
Valuation Is Critical to Every Business Sale Read More »
Michigan’s economy over the last decade or more, coupled with lowered property values from the last recession, have left business owners wary. Unsure of whether they would get a decent deal on the sale of their creativity and hard work, many business owners have worked far longer than they planned to in a hopeful attempt
Is Now A Good Time To Sell My Business? Read More »
by Max Friar Does Your Online Profile Matter When Selling Your Company? I read a very interesting article the other day that does a great job of summarizing why, in general, you should care about your online profile, and definitely why you should when you go to sell your business. Here is a link to the
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“Patience, persistence and perspiration make an unbeatable combination for success.” – Napoleon Hill When many business owners hear the word auction, they immediately think of distress, liquidation, and hard times. The term often evokes memories of the Great Recession, the uncertainty of the COVID-19 shutdowns, or situations where struggling companies were forced to sell machinery, inventory, office furniture, and
Limited Auction Process: How To Maximize the Price & Terms When Selling Your Business Read More »
“Patience, persistence and perspiration make an unbeatable combination for success.” – Napoleon Hill by Max Friar This article is directed primarily at strategic buyers – mid-to-large companies in a fragmented industry that are seeking to “roll up” smaller competitors via the creation of a long-term corporate acquisition strategy. These buyers could be owned by private
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