Author: Derek Brown President Brown & Associates Wealth Management You have worked hard for many years to build your business to a point to one day have the financial freedom to work less or not at all. Now, you are considering selling your business in hopes of obtaining that financial freedom. This new phase of...
News Release | Contact: Kent Kaiser 651-338-1777 MINNEAPOLIS – July 21, 2022 – Sunbelt Business Advisors President Chris Jones today announced that Sunbelt has been honored as among the “Best Places to Work,” according to annual rankings published by the Minneapolis St. Paul Business Journal (MSPBJ). MSPBJ wrote, “In 2022, we are honoring 20 companies in the...
News Release | Contact: Kent Kaiser 651-338-1777 --First Time in History That One Firm Has Swept All 3 First-in-Class Awards MINNEAPOLIS – May 23, 2022 – 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 at the...
Minnesota merger-and-acquisition activity rebounded in a big way in 2021 Mergers and acquisitions involving Minnesota-based companies were white-hot and widespread in 2021. Deal price and volume reached levels that were among the highest since 2000. And numerous industries got in on the action, according to Business Journal research. [...] "We’re seeing historic levels no matter...
A longstanding credo for successful business planning is make specific goals. However, there is such a thing as being overly specific in your goals to the detriment of other things that matter to you. Let’s look at how adding fuzziness to specific goals can make your business planning strategies more fulfilling. Analytics vs. Eye Test...
Running a successful business is complex per se. Adding the element of “family” to a business often creates more complexities, especially as the business grows. Lifelong family bonds and expectations can run headlong into business realities and needs. Today, we’ll share some ideas about how to keep the family business running and the business family...
Successful business owners may face a conundrum as they pursue success. “Though my competitors do something similar, they don’t do it the way I do it. So, how do I know the right way to achieve success, especially if I don’t do things their way?” It’s a bit of a paradox: How can you build...
If cash is king, then cash flow is the kingmaker. Cash flow can have a multiplier effect in terms of achieving your planning goals for a successful future. Often, increasing cash flow requires strong performances from key employees. Let’s look at how properly motivating your key employees could cause a cascading effect that creates a...
It is safe to say the past two years have been full of surprises. Some businesses thrived, while in other areas jobs were lost, companies were forced to go under, and we even lost loved ones along the way. Many businesses were affected by the pandemic in some way or another. According to a survey...
