If you’ve been reading national headlines or listening to general market commentary over the past year, you might think the small business M&A market has completely stalled. With SBA loan interest rates hovering in double-digit territory and capital costs significantly elevated compared to the sub-5% borrowing era, many business owners assume that selling right now […]
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The “Silver Tsunami” Myth: Where Did All the Small Business Listings Go?
For years, conventional wisdom suggested that children of entrepreneurs would pursue corporate careers while their parents eventually sold the family business.
What Should You Actually Expect to Get Below Asking? Close Price vs. List Price, By the Numbers
Buyers in this segment are also highly price-sensitive. They often compare numerous opportunities at once and aggressively negotiate terms, creating greater pressure on sellers to reduce their expectations.
More Buyer Inquiries Doesn’t Mean a Higher Chance of Selling — Here’s What the Data Really Tells Us
One of the first questions sellers ask me when we take a business to market is: “How many inquiries are we getting?” It’s an understandable question. More inquiries should mean more interest. More interest should mean more buyers. More buyers should mean a better chance of selling. Right? Not necessarily. In fact, one of […]
Why the Multiple Matters More Than Most Business Owners Realize
The goal is to create a business that is more attractive, more transferable, and less risky from a buyer’s perspective.