The business brokerage market currently weighs heavily in favor of business owners seeking to sell their business. There are too few quality businesses for sale to meet buyer demand. Businesses that sold in the 2nd half of 2020 were valued at higher multiples than at any other time in recent history. Interest rates remain at...
Mid-November 2020, two home healthcare giants announced that they would join forces. AccentCare Inc., a Dallas-based home health provider, and Season’s Hospice & Palliative Care, from Rosemount, Illinois, agreed to merge. Each of these providers is within the top 5 home healthcare companies in the country. This merger is set to redefine the post-acute care...
The holidays provide a great time off to think about “What’s next?” Despite all the entertaining and gift-giving and get-togethers, most of us have a lot more down time than we think. Time to consider what next year could really look like in terms of your business – and finding out what it might look...
Written by Business Broker, Dan Arcand Dow Jones Industrial Average hit 30,000 points for the first time in its 124-year history on November 24, 2020 driven by the Federal Reserve’s short-term interest rates cuts back to roughly zero and Congress, which came through with trillions of dollars of financial aid for the economy. Due to...
On December 1, 2020, Salesforce announced its plans to acquire Slack for $27.7B. Slack is a direct business messaging and group chat platform with intuitive and easy-to-use design. Salesforce CEO, Marc Benioff, said, “Together, Salesforce and Slack will shape the future of enterprise software and transform the way everyone works in the all-digital, work-from-anywhere world”....
This Christmas season Sunbelt Business Advisors is collaborating with the Slipka Foundation to help Sharing & Caring Hands of Minneapolis. December 7 through 18 bring your new or gently used coats and new hats, mittens, gloves, and warm socks. We have donation boxes at Sunbelt and will collect and deliver the donations to Sharing &...
In the U.S. we are witnessing an unprecedented demographic shift in business ownership with an expected 10 million businesses changing hands in the next decade, as baby boomers retire. At Sunbelt Business Advisors we have the awesome privilege and responsibility to build bridges between buyers and sellers of main street and lower middle-market businesses across...
Most business owners do a terrible job when it comes to selling or otherwise transitioning from their businesses. Consequently, they are leaving tremendous amounts of money on the table. Consider the following statistics from a recent Exit Planning Institute (EPI) survey. 80% to 90% of most business owners’ financial assets are bound up in the...
Written by Bob Harris, Business Broker Among Green Industry Businesses with similar annual revenue, why would some be worth so much more than others? I have brokered the sale of many lawn maintenance/landscaping businesses and am often asked to provide an opinion of value. The value of one business over the other can be far...
