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...
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?...
