Keeping employees aware of transition processes can facilitate a smooth business sale. Selling a business can be stressful – determining a fair sale price, locating a qualified seller, trying to keep sale plans confidential as not to spook customers and current employees, and ownership transition. But once the sale goes through, employees come into the...
When you have a capital-worthy CEO at the helm of a company, it is more attractive to investors, a debt or equity investor, or even a purchaser. And while owners or CEOs of companies often have their own ideas of what makes a great leader, Axial Forum has three broad areas that investors see as...
Always look toward the long-term, take risks and find your own personal voice. Those are just some of the ways in which the most influential women CEOs of the middle market have become successful and remain so. Receiving and accepting advice from those who have gone before is an asset to business owners. Getting free...
Mettle, spirit and learning not to go it alone by Elizabeth Borst Women-owned firms in the U.S. represent 30 percent of all businesses in the country, according to the 2015 State of Women-Owned Businesses Report. Back in 2004, when then 27-year old Kaite Van Laanen, PT DPT, opened Health In Balance Physical Therapy, a private outpatient orthopedic and...
Sunbelt Business Brokers has been named best for selling a small business due to years of experience, number of brokers, industry knowledge and the ability to customize marketing plans for small businesses. Sunbelt Business Brokers has been named Best Business Broker by FitSmallBusiness.com. According to FitSmallBusiness.com, Sunbelt was selected for this honor because they have...
Most business owners feel relief, exhilaration and euphoria after selling their business. But like any large financial transaction, a feeling of seller’s remorse can set in. But what are you feeling remorse about? You just received a fair, and hopefully, large payout when selling your business. However, some sellers start to feel irrelevant from losing...
Often acquisitions fall apart within 24 hours before the close. And the lack of a comprehensive integration plan can spell disaster for the newly combined organization. Acquisitions are a great way to achieve cost advantages, grow revenues rapidly, acquire sets of skills and technology or a strategic strategy to promote growth. But there are three things...
NCI Inc., a Plymouth based scientific distributor of medical microscopes, has purchased Kruge Air, a Twin Cities based distributors of major air compressor brands, for $1.2 million, in an effort to diversify its product base. The sale was facilitated by Sunbelt Business Brokers-Midwest and brokers Matt Schroeder, Mike Wheelock and Nacia Dahl. These brokers bridged the...
Did you know that 9 out of 10 people who decide to buy a business never follow through. Why? Because they simply do not realize how much work is involved. Buying an existing business can be just as grueling as starting from scratch. Sometimes even more so, since you’re dealing with a seller looking for...
