By Sunbelt CEO Brian Slipka, Featured in DC Journal We hear constant news of massive layoffs at major corporations, especially in the technology industry. Yet, the Bureau of Labor Statistics announced that 517,000 jobs were created in January. That announcement accompanied news that the unemployment rate had fallen to 3.4 percent, the lowest since 1969. Longstanding assumptions about what drives and...
We interviewed Scott Jackson of Sandy Bay Partners today, who's background as a former Navy Commander has served him well in his leadership role at Sandy Bay. Scott's job is to build a network of private investors for their land development opportunities that utilize a tax mitigation strategy called Charitable Land Donation. Most of the land investment opportunities are parcels with oil and...
By Peggy DeMuse Licensed Business Broker, Sunbelt Business Advisor, Featured in Upsize Magazine When a business owner is planning their exit strategy, they should seek to minimize risk and maximize net proceeds from the sale. Seller financing can be a powerful tool in this regard. Seller financing drives higher prices Business buyers are also looking to...
In this episode we featured a very seasoned M & A advisor, whose background as a serial entrepreneur proves to serve his clients in a big way, especially when the deal structure gets a bit complicated. Michael Hubsmith, Senior Advisor with True North M & A joined us to talk about Rollover Equity; what it is and why sellers...
In this #PoisedforExit episode I had the distinct honor of interviewing Ben Utecht, who’s not only a Super Bowl Champion with the Indianapolis Colts, but also a winner of the Tony Dungy Award for Servant Leadership and now works as Chief Culture Officer for several mid-size firms, including my sponsor, Sunbelt Business Advisors and True North M & A. After Ben shared how he got...
Today's #PoisedforExit guest featured Mary Merrill, Principal of Heritage Capital. Mary brings so much knowledge and so many lessons to share, that we decided she has to come back to the podcast! From Buy Side, Sell Side, investor financing, bank financing and every possible way to structure a deal, Mary has the knowledge and skills to create a win win situation. Family...
What to do about your 401K in a Sale In today's episode of #PoisedforExit we talked about what happens to the seller's 401K in a sale. Our expert guests were none other than the 401K experts at Trust Point; Jon Marquet and Allyson Krause. If you are thinking of selling your business, it's essential that you discuss this with the firm...
See our recently sold Automotive Businesses. Cover Story AASP-MN News October 2022 Featuring Bradley Peterson, Sunbelt Business Broker Running a shop – automotive or collision – presents many challenges that keep owners busy, day in and day out. Their lives revolve around the business, and while some of them love it, others are counting the...
Our show today featured John Curry, a repeat guest of Poised for Exit. John is the CEO of Knutson Construction and is doing impressive things at the helm in the two years since his appointment. John is the 3rd Generation in his family owned business and he's made some great strides in growing the infrastructure of the business the past few years...