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...
Running a successful business is complex per se. Adding the element of “family” to a business often creates more complexities, especially as the business grows. Lifelong family bonds and expectations can run headlong into business realities and needs. Today, we’ll share some ideas about how to keep the family business running and the business family...
Successful business owners may face a conundrum as they pursue success. “Though my competitors do something similar, they don’t do it the way I do it. So, how do I know the right way to achieve success, especially if I don’t do things their way?” It’s a bit of a paradox: How can you build...
If cash is king, then cash flow is the kingmaker. Cash flow can have a multiplier effect in terms of achieving your planning goals for a successful future. Often, increasing cash flow requires strong performances from key employees. Let’s look at how properly motivating your key employees could cause a cascading effect that creates a...
