Decisions being made in Congress since the COVID-19 outbreak have not prioritized the true needs of American small businesses and the people who work for them. In addition, the actions of most states’ governors and federal policymakers have been outright naïve and ignorant to the realities of how small businesses operate, leading to the collapse...
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...
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...
Investment bankers keen to win lucrative assignments have a new pitch for U.S. corporate owners: hire us to sell your company now or pay at least twice as much in taxes if Democratic presidential candidate Joe Biden has his way. Biden has proposed raising the capital gains tax rate from 20% to 39.6% for those...
LISTEN NOW (As heard on Twin Cities News Talk 1130 AM Radio.) Early in 2020 you may have been thinking about retiring and having a lot more time to do the things you have always wanted to do – like play more golf. The economy was humming, business was great, and you were thinking, “maybe...
This paper by Keith Payne, Insurance Industry Business Broker with Sunbelt Business Advisors, tells you how an independent insurance agency is unique and how to best prepare you to sell yours. There are three key items to keep top of mind when considering the sale of your agency: how to maximize the net amount at...
This paper by Doug Pedersen, owner of two eCommerce businesses and a broker with Sunbelt Business Advisors, tells you how an eCommerce business is different from other types of businesses and what you need to do to prepare to sell one. There are three primary considerations when approaching selling your eCommerce business: how to maximize...
