The idea of buying and selling everything from digital products to groceries, seemed like a too-good-to-be-true concept until the first online transaction in 1994 turned retail consumerism into a mammoth $500 billion (and growing) enterprise according to Statista.com. The dawn of e-commerce transformed the way the world does business and launched dot com giants like...
Families who own businesses are getting this piece of New Year’s advice: Sell. Not only is it a great time to put a private company up for sale while the economy is strong and many deep-pocketed buyers are circling, wealth advisers are also reminding clients of looming political uncertainty toward the end of 2020. If...
Division: Analysis and Transaction Support Compensation: Competitive Job Overview: The career motivated individual in this role will provide research and analytical services for our nationwide clients across many industries. A strong candidate will bring work ethic and ability to learn rapidly to support our deal teams in main street business brokerage and in lower...
Written by Randy Krivo, MBA, CMSBB, Licensed Business Broker It’s no secret that Private Equity firms have been acquiring independent Optometry practices throughout many parts of the U.S. for a number of years now. However, until recently, they were not active here in Minnesota or Wisconsin. That has now changed with the recent purchase by...
One of the key documents for marketing your business for sale is your Selling Memorandum or Confidential Business Profile. Your Selling Memorandum is a well organized, detailed and comprehensive book that should contain enough information to rouse interest, answer questions and help a prospective Buyer see your businesses strengths and its greater opportunity. This valuable...
You know everything there is to know about running your business but how much do you know about selling it and how to NET the most when you do? Have you ever sold one? How many? How successful was it? Did you have a sea of buyers competing for it? As business owners...
The stock market keeps climbing, interest rates are low, consumer confidence is near an all-time high. This is a perfect storm for getting the most for your business if you are considering selling now. If you are not, you should at least find out what your business might be worth. Records are being broken in...
Finish Strong - As a small business owner, your year-end push may be the difference between a decent year and a great year. Holidays are approaching and you and your employees can get distracted by the spirit of the season. Staying focused on the plan and working the plan to the end is the call...
I recently heard P J Fleck, coach of the University of Minnesota Gophers Football team say, “We play as a team of players not a group of players.” That got me thinking about how we operate at Sunbelt Business Advisors. Successful business owners usually have their own personal support team; perhaps a CPA or group...