Confucius said “Everything has beauty but not everyone sees it.” This applies to business as well as art, and the other disciplines. So when I read that quote I thought of the beauty in my own profession and how and why I appreciate certain aspects of high performing professionals. IF any of you have seen […]
10 questions a business seller should ask
Rules of Thumb are for the birds
In the world of small business sales and mergers and acquisitions every buyer thinks every business is overpriced and every seller thinks its worth more than what you tell them. Over the years “industry experts” of which I am apparently one, bandy about “rules of thumb”. In other words….business X sells at 2 x cash […]
The Emporer’s New Clothes
The dirty little secret of business brokerage is that less than 25% of all the businesses that go to market ever sell. Behind closed doors if you talk to deal makers it generally comes down to 2 things: Unrealistic Sellers and Poor Records. In our world to day we don’t tell fairy tales too much […]
Small Business Seller Tsunami…..When does it hit?
Way back in 2008 business brokers around the country predicted that that aging out of the baby boomer generation would result in what folks were calling the “Seller Tsunami” In short a large group of business owners were supposed to be transition wealth and business creating a pool of acquisition targets for buyers. Well….that didn’t […]
Hire an Aggressive Business Broker
To those in business who do not know the value of a sales professional it is often lost on people just how critically important to a businesses success is the hunter. These professionals are aggressive and drivers. If business is not growing it is spiraling into death. When you hire a business broker it of […]