If divorce is an issue when selling a business, owners usually split the proceeds of any sale equally, so getting the best price and terms available for both sellers is critical. Taking advantage of the expertise of an experienced business advisor and broker is essential to the best possible outcome. Dissolving a partnership due to...
Chris Snider, CEPA, CEO of the Exit Planning Institute and Chas Woodhull, Financial Advisor of Northwestern Mutual discuss topics including: How does an owner know if the time is right to transition?Is there a consequence to taking an attractive business that is not ready to transition to market?How do I know if my business is...
BankVista's tagline is Bank smart, Bank local, BankVista ... and we can vouch for the fact that those words are accurate and exactly why we encourage our clients to choose BankVista when shopping for SBA loans as well as their other banking services. Being a preferred lender for the SBA is important, but there is...
Written by Sam Baird, Business Advisor, Broker and Industry Expert Technology businesses are different than those in any other industry; that’s why aligning intellectual property strategies is critical to business success – and establishing business value. Patent Pitfalls A phrase commonly used that makes investors excited is “patent pending.” But what exactly does that mean?...
Source: MSCA Connection Featuring Richard Jahnke, Sunbelt Business Broker Small businesses drive the American economy. Of the estimated 27 million business in the United States, 99% fall under the U.S. Small Business Administration’s definition of small businesses (businesses with fewer than 500 employees). Most small businesses will experience a change of ownership through either a...
John Groppoli, Franchise Specialist and Chris Jones President of Sunbelt Business Advisors hosted our quarterly Be Your Own Boss Seminar. Topics covered included: COVID-19 Impacts to the market (2:30)Purchasing an existing business (6:30)Purchasing a franchise license (43:00)Spotlight franchise opportunities (1:05:30) In case you missed it: https://www.youtube.com/watch?v=K-aK9HeL9pU Download Presentation
Private Equity Demand Continues to Drive Attractive Sale Prices GB Auto Service, Inc., a Greenbriar Equity Group, L.P. holding, has made a move to expand its presence nationwide. GB Auto Service underwent an acquisition at the beginning of April 2021 to take control of Goodguys Tires & Auto Repair, a five-location automotive repair and service...
Salt Creek Capital Acquires IT Assist, Inc. MINNEAPOLIS, MN – August 1, 2020 – Sunbelt Business Advisors (“Sunbelt”) served as the exclusive financial advisor to IT Assist, Inc. (IT Assist), a leading provider of outsourced technology services to companies headquartered in the greater Philadelphia metro area, in connection with a sale of the Company to...
What is the Biden administration doing on capital gains taxes? The administration has indicated an increase in the capital gains tax, from 20% to approximately 39.6%, for the nation’s highest earners might be coming. It’s a tax on the growth in value of investments incurred when individuals and corporations sell those investments. When the assets...
