It is well known in the world of buying & selling companies that larger companies fetch larger multiples of earnings when they sell. The ultimate example of this is found in large public companies that often sell for breathtaking multiples of earnings. Lower middle market companies (5 – 50 million revenue) usually sell for much...
Written by Business Broker, Dan Arcand Dow Jones Industrial Average hit 30,000 points for the first time in its 124-year history on November 24, 2020 driven by the Federal Reserve’s short-term interest rates cuts back to roughly zero and Congress, which came through with trillions of dollars of financial aid for the economy. Due to...
On December 1, 2020, Salesforce announced its plans to acquire Slack for $27.7B. Slack is a direct business messaging and group chat platform with intuitive and easy-to-use design. Salesforce CEO, Marc Benioff, said, “Together, Salesforce and Slack will shape the future of enterprise software and transform the way everyone works in the all-digital, work-from-anywhere world”....
This Christmas season Sunbelt Business Advisors is collaborating with the Slipka Foundation to help Sharing & Caring Hands of Minneapolis. December 7 through 18 bring your new or gently used coats and new hats, mittens, gloves, and warm socks. We have donation boxes at Sunbelt and will collect and deliver the donations to Sharing &...
Written by Business Broker, Keith Payne In my home, the holiday season provides time when conversations with lasting meaning take place – about the future, the upcoming year, what’s next. Caring family members bring up taking more time for other important things like concern for your health and suggesting you would enjoy retirement. For many...
In the U.S. we are witnessing an unprecedented demographic shift in business ownership with an expected 10 million businesses changing hands in the next decade, as baby boomers retire. At Sunbelt Business Advisors we have the awesome privilege and responsibility to build bridges between buyers and sellers of main street and lower middle-market businesses across...
Most business owners do a terrible job when it comes to selling or otherwise transitioning from their businesses. Consequently, they are leaving tremendous amounts of money on the table. Consider the following statistics from a recent Exit Planning Institute (EPI) survey. 80% to 90% of most business owners’ financial assets are bound up in the...
Written by Bob Harris, Business Broker Among Green Industry Businesses with similar annual revenue, why would some be worth so much more than others? I have brokered the sale of many lawn maintenance/landscaping businesses and am often asked to provide an opinion of value. The value of one business over the other can be far...
The book Poised for Exit by Julie Keyes offers a comprehensive guide for successful exit planning for small business owners. The tools and checklists in this book are meant to help you lay some of the groundwork. In the book you will find a Value Graph provided by Sunbelt Business Advisors. This tool offers a...
