The First of Four Installments in our Series: Managed Service Providers There is an acquisition frenzy over cloud-based technologies in the marketplace today.If you are a business owner in this space, this should interest you. A primary factor is heavy demand for managed services by banks and healthcare in the light of market and regulatory...
Chris Jones, President of Sunbelt Business Advisors and Kirill Graminschi, Associate at Sunbelt Business Advisors discuss topics including: What will you do after you exit your business?Price, terms, taxes – it’s what you NETWhat are your value drivers? Why do similar size companies in the same industry sell for much different prices?Valuation: Purchase price vs....
Chas Woodhull, Financial Advisor and Dan Palmer, Financial Representative of Northwestern Mutual discuss topics including: I've sold my business...now what?What if I don't get the exit I need or want?How can I minimize taxes on the sale of my business?What's the best way to manage my new assets given my needs? In case you missed...
Article Adapted by Minnesota Trucking Association This may be the best business-for-sale climate in the last 20 years! Buyers and Sellers will often question me when I make this statement. I explain that in my 20 years of selling businesses, I’ve never seen a more perfect time to acquire or retire, depending on your current...
Article Adapted from CLA Connect Key Insights Inflation is the highest it has been for more than a decade.Inflation is a normal part of the economic cycle, but can be concerning when it is caused by all three contributing causes of inflation: supply and demand issues along with a dramatic increase in monetary policy.The current...
Companies Continue to Expand through Acquisition Harris, a St. Paul-based and leading mechanical contractor, acquired HVAC Controls & Specialties on April 1, 2021. Acquisition of the Garden City, ID company will allow Harris to expand its workforce and services into and across the state of Idaho. Leadership said, “This acquisition reflects our continued commitment to...
We are working with buyers and investor groups looking specifically at motorsports businesses right now. So, it is a great time to see how much your business might be worth. ____________________________ This may be the best time to sell a Powersports business, ever. The pent-up desire for people to “get outdoors” is creating a lot...
There has never been a better time to consider selling an independent insurance agency. Right now with dozens of buyers lined up interested in purchasing independent insurance agencies in the Twin Cities area. It is a seller’s market. How can you get ready to make the right decision about possibly selling your practice? Read this article from...
MINNEAPOLIS – June 16, 2021 – Sunbelt Business Advisors President Chris Jones announced that Sunbelt has been honored as among the “Best Places to Work,” according to annual rankings published by the Minneapolis St. Paul Business Journal (MSPBJ) today. MSPBJ wrote, “In 2021, we are honoring 20 companies in the extra small category (10 to...
