As the year winds down, it’s important for business owners to raise their awareness of last year’s performance. Knowing what you did well, along with where you struggled, is crucial to planning for future success. Today, we’ll show you three categories that you can review—strategic performance, tactical performance, and financial performance—and some questions you may...
COVID-19 has had a devastating impact on the cash flow of many small businesses. Government restrictions and societal behavioral changes were often the cause. Many of these businesses were classified by federal and state governments as being non-essential. The lending and business valuation communities have taken the position that COVID’s negative impact on businesses...
It can be difficult to consider what will happen to your business and your family if you die unexpectedly. Without proper planning, you could be leaving your family and/or key stakeholders in a huge mess. Proper planning allows you to keep your business on the right path even after an unexpected tragedy leaves you unable...
Black Friday with a purpose...Purchase and donate new coats, mittens, hats and scarvesto Sharing and Caring Hands Sunbelt Business Advisors is proud to be supporting the Slipka Foundation Annual Coat Drive, which benefits Sharing & Caring Hands. Donations of new coats, mittens, gloves, hats and scarves will be taken at the Sunbelt Office at 1300...
Next-level management teams are the drivers behind building business value. But how can you and your advisors attract and keep next-level management teams? The answer lies within incentive plans. When incentive plans are properly designed and implemented, your business has the potential to grow well after you sell. Well-executed incentive plans can motivate each member...
News Release | Contact: Kent Kaiser 651-338-1777 Business Serves Wisconsin with Offices in Appleton, Green Bay, & Wausau MINNEAPOLIS, Minn. – November 10, 2021 – Sunbelt Business Advisors President Chris Jones today announced that Sunbelt facilitated the sale of Tongxeng Personal Home Care of Wisconsin to Mai Vang of St. Paul, Minnesota. Led by Business...
News Release | Contact: Kent Kaiser 651-338-1777 New Owners Expand Market Share in Innovative Kitchen Gadgets MINNEAPOLIS, Minn. – November 3, 2021 –Sunbelt Business Advisors President Chris Jones today announced that Sunbelt facilitated the acquisition of Talisman Designs (https://www.talismandesigns.com/) of Minneapolis by Nifty Home Products (https://www.niftyhomeproducts.com/) of Madison Lake, Minnesota, in a multi-million-dollar deal. Led...
Starting the preparations to sell your business is never easy. Selling or buying a business comes with mixed emotions and hard decisions. There are a lot of variables to consider. One action item to discuss early is the process of due diligence. In order for you to attract a buyer to your company, you must...
Taking on any large project can be manageable when you have a reliable process in place. When deciding to exit your business, for example, you will need a proven process in place to ensure you have covered all the bases. Just like baking, without following the specific process or recipe, you could end up setting...
