Recently I picked up on Gary Vanyerchuck and his videos. He is direct, blunt and says things we all think in a vernacular that may offend some but to coin a Gary V phrase “how gives a shit”. Vee’s genius is layered in common man speak and an in your face approach to life that […]
Selling A Business, Selling Your Company
Kabuki When Selling Your Business – Business Broker
Kabuki…a dance, a show. There are many opinions on how to best sell your business or company. Experts abound. What a business owner needs to do is ferret through all the smoke mirrors and feel good platitudes to get after the truth. This simple fact is at the core of deciding to sell your business […]
Is it a Buyer or Seller Market for Selling Your Business?
Is it a Buyer or Seller Market in Selling Your Business? Not a simple question and reflects some specifics to your particular deal but there are some macro stats you should consider if you are considering selling your business At present the sales price to asking price gap is tight. This reflects low inventory and […]
Does Your Business Broker Create Scarcity
Often misunderstood at the mainstreet and middle market segments of business sales is the leveraging of the element of scarcity. When large companies with EBITDA over $1MM dollars go to market for sale they often are sold in an auction format. No price set and buyers who need to grow and fit strategically submit offers […]
Avoid Unwanted Surprises in Due Diligence
Avoid Unwanted Surprises During Due Diligence Buyer of Businesses often uncover unwanted surprises during due diligence — resulting in downward purchase price negotiations, lower valuation multiples, lenders getting scared off, or the deal falling through. In today’s economic climate, potential buyers are willing to search long and hard to identify the best acquisition candidate. Transparent […]