Category: General Business

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

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

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

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

Valuation Traps

Business Information For Sellers General Business Valuation Valuing

Posted by Tony Samples on

If you own a business, at some point you’ll probably need to know what your business is worth. It might be for estate planning purposes, a major life event, or perhaps you’re thinking about selling your business. Whatever the reason, there are some “valuation traps” out there, so we want ...
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

Lending Posture

Business Information For Sellers General Business Sell a Business

Posted by Tony Samples on

One of the top questions we’re asked in this unprecedented COVID environment is “are you still selling businesses?” The answer is a resounding YES! The follow up question usually has something to do with how banks are supporting those transactions, so we thought we’d examine what we’re see ...
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

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

Business For Sale By Owner

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

Posted by Tony Samples on

With all of the online options at our fingertips these days, it is easier than ever to sell things. You can sell everything from a couch, to a car, to a house just by listing them online. In these days of the FSBO (For Sale By Owner) posts, wouldn’t it just be easier to try to sell your business t ...
Read more

Congruence

Business Business For Sale For Sellers General Business Sell a Business

Posted by Tony Samples on

Congruence explains how things correspond or agree with each other and it has EVERYTHING to do with selling your business. Many buyers mystery visit your business before they make an offer on it. They want to see how your website, collateral materials, products, and staff interact with them as a ...
Read more

Growth Through Acquisition

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

Posted by Tony Samples on

Businesses grow in one of two ways: organically or by acquisition. Growing organically means that you grow slowly but surely over time as the demand and money allows. When you grow by acquisition, you buy another company and absorb them into your organization. Growing by acquisition can be a great b ...
Read more

Discounted Cash Flow

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

Posted by Tony Samples on

In an academic setting, a discounted cash flow model sounds like a completely reasonable form of valuing a business. You project out the anticipated cash flows for 5-10 years, use a discount rate and look at what those future cash flows are in present day dollars.  The formula for this is usual ...
Read more

Now is the Time

General Business

Posted by Anthony Samples on

Listen up, if your goal is to “Grow Your Business”, raise your hand. I’m sure that 99% of you raised your hand. Those of you who didn’t, well, you can stop reading. There is no such thing as a business that is maintaining sales and profits year after year at the same level. ...
Read more

Walk a Mile

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

Posted by Tony Samples on

There is an inherent rub when a buyer and seller are trying to negotiate the sale of a business. The buyer wants the lowest price and the most favorable terms possible. The seller wants the highest price and to protect themselves while minimizing their tax bill. Here are a few ways you can help y ...
Read more