Category: Business

How Getting Your Business Valued Shapes its Future

Business Business Information Sell a Business Valuation

Posted by on

The journey of business ownership is an adventure filled with ups and downs. To navigate this path with more ease and clarity, understanding the true value of your business is akin to having a reliable compass. This process isn't just about numbers; it's about making informed choices that shape your ...
Read more

How is Your Business Valued?

Business For Sellers Valuation

Posted by on

If your business exit strategy is to sell your business now or in 3-5 years, please read on. I consider myself blessed to work with successful entrepreneurs. I love to hear “the story”. How they started in a spare room or a garage with little or no money, grinding it out 80-90 hours a week. ...
Read more

How We Help

Business Business Information General Business

Posted by on

It’s August, which means sweltering heat and school starting back up. As families get back into a routine, we also see an uptick in business owners recommitting to their business goals. For some, that’s thinking about strategic growth. For others, it’s considering if it is finally time to sell ...
Read more

Do You Own a Job or a Business?

Business Business Information For Sellers

Posted by Tony Samples on

You’ve owned your business for many years. You’ve built it from nothing to where it is today. You enjoy going to work each day and receive a great sense of satisfaction from the daily accomplishments of the business. But now it’s time to sell, or at least develop an exit strategy. The problem ...
Read more

Business Valuations (Know Your Company’s Worth)

Business Business Information General Business Valuation Valuing

Posted by Tony Samples on

Most people know what a business valuation is (the process of figuring out what your company is worth), but not everyone knows the different reasons valuations are performed. Aside from the obvious need for a valuation when you’re ready to sell the business, valuations are preformed for many diffe ...
Read more

Finding a Good Broker

Business Business Information For Sellers Sell a Business

Posted by Tony Samples on

You’ve decided you are ready to talk with a business broker about buying or selling your business. It wasn’t an easy decision; there is a lot to consider! You’re a little nervous about making the call and starting the process, but you’re even MORE nervous about making sure you select the rig ...
Read more

When is it time to sell?

Business Business Information For Sellers Sell a Business

Posted by Tony Samples on

How do you know when it’s time to sell your business? To some it might seem like a silly question, but for a business owner (and particularly for a family-owned business), the decision can cause some sleepless nights. Since we work with a lot of sellers, here is a list of some of the tell-tale sig ...
Read more

2022 Outlook

Business Business Information General Business

Posted by Tony Samples on

Not as rough as 2020, but 2021 was no picnic for many people and businesses. Supply chain challenges, microchip shortages, cyberattacks, inflation, and labor concerns dominated many conversations in the board room and at the dinner table. Perhaps it’s wishful thinking, but it appears that many ...
Read more

Are Staffing Issues Affecting Business Sales?

Business Business For Sale Business Information For Sellers General Business Sell a Business

Posted by Tony Samples on

It’s no secret that businesses are having labor troubles. Everyone is hiring. Hourly wages are going up. Restaurants are reducing hours and days of operation. Supply chains are interrupted. It’s EVERYWHERE. If you own a business, this might be what is driving you to consider selling. Or perha ...
Read more

How is Your Business Valued?

Business Business For Sale Business Information For Sellers General Business Sell a Business Valuation Valuing

Posted by Tony Samples on

I consider myself blessed to work with successful entrepreneurs. I love to hear “the story”: How they started in a spare room or a garage with little or no money, grinding it out 80-90 hours a week. Now, after several decades, they have a very nice business. They are all extremely competent and ...
Read more

One Million Dollars

Business Business Information For Sellers Sell a Business Valuation Valuing

Posted by Tony Samples on

If we had a dime for every time a business owner told us they wanted to get a million dollars, five million, or even ten million dollars for their business…well, we’d have a LOT of dimes! Often times there is more of a psychological component to this “magic number” than anything rooted in ...
Read more

What is Your Business Worth Today?

Business Business Information For Sellers General Business Sell a Business Valuation Valuing

Posted by Tony Samples on

Even though most business owners have approximately 85% of their net worth attributed to their business, most run their business day after day, month after month, year after year, and have no idea what their business is worth. They may think they know, but often the price they have in mind is not re ...
Read more

Stimulus Package Update

Business Business Information General Business

Posted by on

Great News for Buyers and Sellers While this has been in limbo for a few days, it was signed into law last night by the President. Below is a summary of the benefits for business owners, PPP borrowers, buyers, and sellers. We don't attempt to cover the many other facets (unemployment benefits, s ...
Read more

Throwing Good Money After Bad

Business Business For Sale Business Information For Sellers General Business Sell a Business

Posted by Tony Samples on

“Know when to hold ‘em, know when to fold ‘em, know when to walk away, and know when to run…” Kenny Rogers may have been talking about gambling, but the lyrics work for business owners too. Over half of businesses in the US have been impacted by COVID this year to some degree and as we ...
Read more

Marketing Blindly and Nationally

Business Business For Sale Business Information For Sellers General Business Sell a Business

Posted by Tony Samples on

If you’re a savvy business owner, you know that maintaining strict confidentiality is critical when selling your business. Only a handful of people should know you’re thinking of selling: your spouse, financial planner, accountant, and attorney. Often, this element alone will push a seller towar ...
Read more

Attention Serious Buyers

Business Business For Sale Buy a Business Buying a business For Buyers

Posted by Tony Samples on

If you are searching for a business on internet, you should know that, unfortunately, most of the businesses that you see will never sell. This could possibly be due to the business being overpriced, the financials are in poor condition, or a number of other reasons. We can help. Ask yourself thi ...
Read more

Hope is Not a Strategy

Business Business For Sale Business Information For Sellers General Business Sell a Business Valuation Valuing

Posted by Tony Samples on

You probably have a financial advisor who is managing your money and will advise you as to whether or not you’re on track for retirement. That’s smart and, for most of us, essential. Even the most talented, worth-their-salt money manager will tell you that their financial models can be “garbag ...
Read more

Coronavirus and Buying or Selling a Business

Business Business For Sale Business Information Buy a Business Buying a business For Buyers For Sellers General Business Sell a Business

Posted by Coronavirus and Buying or Selling a Business on

  Coronavirus. Yep, we’re jumping on the bandwagon. Why on earth are we, business brokers, talking about Coronavirus?! It has nothing to do with buying or selling business, right? Hang with us for a minute… Last week, the Federal Reserve cut interest rates by 50 basis points (0.50 ...
Read more

The Importance of Knowing Your Business’s Value

Business Business For Sale Business Information For Sellers Sell a Business Valuation Valuing

Posted by Tony Samples on

How much is your business worth? How much is it actually worth to a buyer if you were to sell it right now? Even if you’re not ready to sell at this moment, knowing this number is very important for a few reasons: Planning: We know that most business owners work with financial planners and ac ...
Read more

Competition

Business Business For Sale Business Information Buy a Business Buying a business For Buyers General Business

Posted by Tony Samples on

Non-competes. You’ve probably been exposed to them at some point. Perhaps you have employees sign them or maybe you have signed one yourself at some point. Non-competes are also a very important component of a business transfer. Imagine this: You bought a high-end restaurant. Since you struck a ...
Read more