By Keith Payne Licensed Business Broker, Independent Insurance Specialist, and Manuel Santana, Certified Business Appraiser As an independent insurance agency owner contemplating an exit strategy, whether through a complete sale or partial transfer, careful planning is crucial to maximize your agency's value and ensure a smooth transition. Recent changes to the Small Business Administration (SBA)...
MINNEAPOLIS - May 30, 2024 - Sunbelt Business Advisors President Chris Jones announced that three brokers received four awards bestowed by the International Business Brokers Association (IBBA). The awards were announced on May 21 at the IBBA Annual Conference in Louisville, Kentucky. IBBA Award Recipients: Robert Harris, Chairman’s Circle Award - Given to individuals who...
By Keith Payne Licensed Business Broker, Sunbelt Business Advisor In assessing the value of your photography-related business, it’s important to understand the 10 most important value drivers. Earnings are the first key value driver, reflecting your operations' financial health and economic outcomes. It's not just about total revenue; you need to consider whether your earnings...
News Release | Contact: Kent Kaiser 651-338-1777 MINNEAPOLIS – January 9, 2024 – Sunbelt Business Advisors today announced that the firm provided advisory services to Granite Water Works Inc. of Waite Park, Minnesota, in the sale of substantially all of the company’s assets to Core & Main LP. The transaction was finalized on December 4, 2023. Based...
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...
