Street Smarts or Book Smarts. When it comes to the small business world I will take a seasoned entrepreneur every time. Particularly nowadays. Unfortunately we are in somewhat of a transition period when the college degree is not equipping students for a business world changing at a speed unseen before. That is not to say […]
Selling A Business, Selling Your Company
Sellers don’t really care about the money….really it’s about the QUAN
When you have conversations with entrepreneurs you find out we talk about a wide range of subjects: success, freedom, fulfillment, leadership, family. You see we take the risk of entrepreneurship for intangible reasons as much as for the economic benefits self employment. What makes this important for buyers to understand (who primarily are not entrepreneurs […]
The Seller Tsunami is Coming!!!
The Seller TSUNAMI! It’s coming! The market turns from a seller’s market which it is currently, into a buyer’s market. Lower valuations due to increased competition for buyers. In fact, some believe due to the shrinking workforce, there will be a huge lack of skilled buyers in the marketplace. Incredible opportunity for buyers and companies […]
From A Happy Seller
Mike, I wanted to write you a quick email and thank you for the outstanding job you have done in selling our business. Both Igor and I have been immensely impressed with the unbelievable job you have done – the dedication, 24/7 accessibility, and ability to find solutions when inevitably something stops during the sale […]
MBA Buyer vs the Small Business Operator
This morning I was reviewing the week and some of the people and situations I dealt with. One gentleman in particular who was buying a business for his daughter (40 year old daughter) made a comment about the lack of sophistication of the sellers. I don’t think the comment was intended as an insult but […]