Thinking of selling your Tire and Auto Service business? In this first of a two-part series, we will discuss the current climate and industry trends. In the second part of the series, we will discuss how to maximize your value through your financials, team, and curb appeal. The current finan
Maximizing the Value of Your Tire and Auto Service Center (Part 2 of 2) In Part 1 {hot link “Part 1}, we discussed the current climate for selling your business and industry trends. In this second part of the series, we will discuss how to maximize your value through your financials, te
Most business owners seek a valuation for their company when there’s an immediate need — they’re ready to sell or raise capital now, or they have a shareholder that is being bought out or gifting equity to family. But valuations can be useful whether a deal is imminent or not. We
From time to time, I am in the unfortunate position of telling some 50-year old business owner that they "just don’t have any goodwill". "But we have been around forever, or our name is like a household word in the community, or we literally have thousands of customers"&nbs
The buzz is that if you are a Baby Boomer and you want to sell your business in the next few years, then you are in the majority. You are not the only Baby Boomer and will possibly have your business compete against many more similar businesses in both model and industry. In order to be well-prepare