By Sunbelt CEO Brian Slipka, Minneapolis, MN, US The FT has reported that since the Silicon Valley Bank collapse, we have seen a massive “flight to quality”, with customers flocking to large US financial services companies such as JPMorgan Chase, Bank of America, and Citigroup (“Big US lenders flooded with new customers," Report, March 15). The flight...
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...
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...
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...
Watch a presentation on Valuing Your Business by Chris Jones, President of Sunbelt Business Advisors. Every business owner deserves to know what their business is worth in today’s market. The sale of your company is a major personal and financial decision. Whether you are thinking about selling now, or will continue to grow your business,...
Excerpts from the book Selling a Business for Dummies, written by Barbara Findlay Schenck and John Davies, CEO of Sunbelt To paraphrase Paul Simon, you have nearly fifty ways to leave your business, and selling comprises seven of them. Your selling options range from the obvious cut-all-the-strings approach by selling your business outright to selling...
By Keith Payne Licensed Business Broker, Sunbelt Business Advisor and Independent Insurance Specialists Many business owners that we meet with are often wondering if the time is right to considering selling their business. Often times they believe to have “the ideal or incumbent buyer” that they feel will be able to take over the business. With that,...
Sign up to receive the new businesses for alert here! Receive bi-weekly emails with new businesses for sale, updated business listings and helpful resources for buyers and sellers! NEW BUSINESSES FOR SALE Metro Area Commercial/Residential Asphalt Business (52138)Revenue: $1,618,137Cash Flow: $280,841 Niche Hardware Distribution Business (52139)Revenue: $662,142Cash Flow: $188,758 Northwest Metro MN Accounting Firm (52140)Revenue:...
Sign up to receive the new businesses for alert here! Receive bi-weekly emails with new businesses for sale, updated business listings and helpful resources for buyers and sellers! NEW BUSINESSES FOR SALE Restaurant/Bar/Convenience/Bait/Gas With Real Estate (51958)Revenue: $2,124,471Cash Flow: $163,605 Metro Area Auto Repair & Gas Station (52056)Revenue: $1,681,553Cash Flow: $318,623 Independent Specialty Bakery and...