That’s the QSR franchise on the corner. That’s the plumbing company with twelve trucks and a two-year-old customer list. That’s the landscaping business doing $800K in owner earnings with no social media presence and more work than it can handle.
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Choosing the Right Advisor: Who Should You Trust With Your Life’s Work?
If you’re thinking about selling your business, you’re not just preparing for a transaction—you’re preparing to hand over the keys to something you’ve poured years (maybe decades) of your life into. It’s no wonder the first question most owners ask is: “Who should I trust with my life’s work?” Choosing the right advisor can be […]
M&A Advisors vs. Main Street Brokers: Choosing the Right Representation for a $500K Business—or a $10M One
Not all business sales are the same. A company valued at $500,000 requires a very different approach than one worth $10 million. Yet many owners don’t realize there are fundamentally different skill sets, buyer pools, and processes involved.
Young Entrepreneurs, Let’s Get Real About Buying Main Street Businesses
Here’s my game plan: bootstrap and stack. Buy a small service business, grow it, and use the cash flow to buy another. It’s like how private equity folks build empires, but without the fancy suits and corner offices. Focus on industries with low entry barriers—maybe a lawn care company or a niche cleaning service. And don’t sleep on seller training; that six-month runway can save you from face-planting. It’s not sexy, but it’s smart. Slow and steady wins the race, not chasing Instagram pipe dreams.
The Most Likely Buyer of Your Small Business Isn’t Who You Think
They’re not industry veterans. They’re corporate professionals looking to leave the 9-to-5. Engineers, managers, sales pros. They’ve spent 10, 15, 20 years building careers in someone else’s company. Now they want control. They want to own something real.