By Peggy DeMuse Licensed Business Broker, Sunbelt Business Advisor, Featured in Upsize Magazine When a business owner is planning their exit strategy, they should seek to minimize risk and maximize net proceeds from the sale. Seller financing can be a powerful tool in this regard. Seller financing drives higher prices Business buyers are also looking to...
Watch a presentation on Valuing Your Business by Chris Jones, President of Sunbelt Business Advisors. Every business owner deserves to know what their business is worth in today’s market. The sale of your company is a major personal and financial decision. Whether you are thinking about selling now, or will continue to grow your business,...
Excerpts from the book Selling a Business for Dummies, written by Barbara Findlay Schenck and John Davies, CEO of Sunbelt To paraphrase Paul Simon, you have nearly fifty ways to leave your business, and selling comprises seven of them. Your selling options range from the obvious cut-all-the-strings approach by selling your business outright to selling...
By Keith Payne Licensed Business Broker, Sunbelt Business Advisor and Independent Insurance Specialists Many business owners that we meet with are often wondering if the time is right to considering selling their business. Often times they believe to have “the ideal or incumbent buyer” that they feel will be able to take over the business. With that,...
By Randy Krivo, Licensed Business Broker, Sunbelt Business Advisors and M&A Advisor, True North Mergers & Acquisitions As a business broker, I have met with countless buyers over the years and most of them narrow their search to businesses that are in industries in which they have past experience. In some instances, that’s the right...
Still a Seller’s Market for Business Owners Looking to Exit? By Chris Jones, President, Sunbelt Business Advisors The markets just closed out the worst week since the pandemic. Inflation is at a 40-year high, prompting the Federal Reserve to raise rates by 75 basis points. Further rate increases are expected in 2022 as the Fed...
For the past two years, I have worked with Edible franchise owners across the nation as they have endured and thrived through the pandemic. So much has changed for Edible owners, and yet so much has remained the same. It is still hard work to keep up with everything that is changing and who wants...
By Ben Utecht, Super Bowl Champion, Chief Culture Officer for Sunbelt Business Advisors In 2021, 6.1 million viewers tuned into the NFL Draft. Why? Because with a Super Bowl win hanging in the balance, everyone knows recruiting the right players is critical to producing a winning team. Companies, corporations, schools, and non-profits also recruit, or...
A longstanding credo for successful business planning is make specific goals. However, there is such a thing as being overly specific in your goals to the detriment of other things that matter to you. Let’s look at how adding fuzziness to specific goals can make your business planning strategies more fulfilling. Analytics vs. Eye Test...
