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...
Article Written By Pete Carlson with Rock Solid Financials Fall is in the air; college football, kids going back to school.....wait, none of those things are happening. The weather will still change though unless COVID can change that as well. Fall is a great time to evaluate your tax/bookkeeping relationship. Here are 5 reasons why...
Article Written by Ryan Cave with Sunbelt Business Broker of South Florida Business brokers help clients find a current market for the business, or help them find ways to enhance their position. Business brokers bring clients pre-approved and pre-qualified buyers. Business brokers also sometimes fall short, though, allowing their clients — and potential buyers for...
You’re ready to begin your dream of opening a business, but you’re hesitant to take out a small business loan and pay interest on it. Fortunately, there is another alternative. You have the option to use your 401(k) to start a business – without paying upfront taxes or early withdrawal penalties. How 401(k)/IRA Business Funding Works...
The idea of buying and selling everything from digital products to groceries, seemed like a too-good-to-be-true concept until the first online transaction in 1994 turned retail consumerism into a mammoth $500 billion (and growing) enterprise according to Statista.com. The dawn of e-commerce transformed the way the world does business and launched dot com giants like...
Finish Strong - As a small business owner, your year-end push may be the difference between a decent year and a great year. Holidays are approaching and you and your employees can get distracted by the spirit of the season. Staying focused on the plan and working the plan to the end is the call...
What are the key trends now affecting buyers and sellers of businesses? What’s on the horizon that companies need to know about and plan for? These are two key topics we recently addressed in our annual study of merger and acquisition trends in the middle-market (companies with enterprise value of $10 million-$100 million) and larger...
Buying or selling a company can be a complicated undertaking. There is much to consider and you want to be able to buy or sell with confidence. You need someone on your side that can help you through the entire process. Sunbelt Business Advisors has businesses for sale in Minnesota: whether you are looking in...
You started the sales process in motion, but now you need to package your business for sale. As part of preparing your business “package” you need to strategize the how, what and when of telling your unique business story to prospective buyers. A well thought out, multi-pronged marketing approach is necessary to effectively present your...
