It’s hard work running a small business, especially when you are not quite big enough to employ department heads, and must take on a lot of the work yourself. Whether you are looking to buy or sell a small business, you will almost certainly need the help of excellent business brokers. MN offers you a...
For years, buying car washes have been a promising investment for those interested in buying a business. However, as car washes become more automated and cars and consumers continue to evolve, the industry has changed significantly. If you’re thinking about buying a car wash business, there are several important questions to consider before you sign...
There are three primary considerations when approaching such a transaction: how to maximize the seller’s economics, how to time the market and how to make the business financially attractive to buyers willing and able to pay the most. This paper by Dan Mulvaney, CPA (inactive), MBA, Sunbelt Business Advisors tells you how a manufacturing business...
In addition to the feel-good benefits that come by helping others, you can develop your professional leadership skills through mentoring. In today’s world of work, it is often up to the individual to own their career success. Unfortunately, this often includes seeking out your own opportunities for leadership skills. The good news is, that regardless...
Buying a business is not just finding that thing to match your skills or passion. It’s not just signing on the bottom line. Sometimes that is not enough. Before you put your signature on that offer, be sure to ask these questions of the seller and their business advisor. Questions all buyers should be asking...
Keeping employees aware of transition processes can facilitate a smooth business sale. Selling a business can be stressful – determining a fair sale price, locating a qualified seller, trying to keep sale plans confidential as not to spook customers and current employees, and ownership transition. But once the sale goes through, employees come into the...
When you have a capital-worthy CEO at the helm of a company, it is more attractive to investors, a debt or equity investor, or even a purchaser. And while owners or CEOs of companies often have their own ideas of what makes a great leader, Axial Forum has three broad areas that investors see as...
Always look toward the long-term, take risks and find your own personal voice. Those are just some of the ways in which the most influential women CEOs of the middle market have become successful and remain so. Receiving and accepting advice from those who have gone before is an asset to business owners. Getting free...
Mettle, spirit and learning not to go it alone by Elizabeth Borst Women-owned firms in the U.S. represent 30 percent of all businesses in the country, according to the 2015 State of Women-Owned Businesses Report. Back in 2004, when then 27-year old Kaite Van Laanen, PT DPT, opened Health In Balance Physical Therapy, a private outpatient orthopedic and...
