News Release | Contact: Keith Schubert- Reporter, Minneapolis/St. Paul Business Journal The percentage of Minnesota business owners who consider exit planning a top priority has quadrupled since 2017, according to a new survey. The 2023 Minnesota State of Owner Readiness Survey, sponsored by Minneapolis-based Sunbelt Business Advisors and done in conjunction with the Twin Cities Chapter of...
News Release | Contact: Kathy Robideau 612-288-2100 MINNEAPOLIS – 8-29-23 – Sunbelt Business Advisors of Minnesota was announced as one of the 2023 Best Places to Work honorees by Minneapolis St. Paul Business Journal. To view the announcement, visit https://bizj.us/1qiuet This year marks the 25th annual BPTW awards — the Twin Cities longest-running program recognizing engaging...
Minnesota’s Largest Seller of Companies is Hiring Attend our Recruiting Event October 16, 2023 | 4:00 - 6:00 PM Register Becoming a Business Broker or M&A Advisor Frequently Asked Questions (FAQs) Q: Do I need a license? A: Yes. Many states, including the State of Minnesota, require a license. Minnesota specifically requires a real estate...
By Lisa Meyer Licensed Business Broker, Sunbelt Business Advisor, Featured in Upsize Magazine Have you ever considered exiting your business but wondered what steps you can take to maximize your proceeds? You can do several things to maximize your price, terms and tax efficiency when you are ready to sell and enter the next chapter of...
By Keith Payne Licensed Business Broker, Sunbelt Business Advisor and Independent Insurance Specialists Does this sound like you? You’re somewhere between the ages of 40-60, have built a well-established, successful business over the past 20+ years and you’re not quite ready to retire. You still have some of the passion you had when you started, but...
By Sunbelt Business Advisor, Richard Jahnke. Featured in Electrical Association Newsletter. Why would you sell? Perhaps you are bored with the daily routine. The industry may have changed in ways you don’t want to have to accommodate. You may want to retire, but there are no family members who are ready or willing to step...
Statistics show that only 20 to 30% of businesses that go to market actually sell; leaving up to 80% of those without solid options to harvest their wealth and ensure economic continuity into the next generation. An owner who is “ready” with an attractive business greatly increases the odds that the business will survive a...
Provided by Credit Bench Why is seller financing sometimes needed on business acquisition deals? Answer from a lender perspective: Lack of buyer industry experienceLack of buyer business ownership experienceLimited buyer liquidity for either down payment or post close cash What are the advantages of seller financing to the seller: Maximizes selling priceSells business fasterGreat rate...
--Second Year in a Row, Only Firm Ever to Win All 3 First-in-Class Awards MINNEAPOLIS – May 22, 2023 – Sunbelt Business Advisors President Chris Jones announced that the firm was awarded all three first-in-class team awards bestowed by the International Business Brokers Association (IBBA). The awards were announced on May 21 at the IBBA...
