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 salesperson license. More info here: How to Become a Real Estate Agent in Minnesota | KapRE.com Minnesota Real Estate Education...
Article Adapted by Minnesota Trucking Association This may be the best business-for-sale climate in the last 20 years! Buyers and Sellers will often question me when I make this statement. I explain that in my 20 years of selling businesses, I’ve never seen a more perfect time to acquire or retire, depending on your current...
Article Adapted from CLA Connect Key Insights Inflation is the highest it has been for more than a decade.Inflation is a normal part of the economic cycle, but can be concerning when it is caused by all three contributing causes of inflation: supply and demand issues along with a dramatic increase in monetary policy.The current...
Companies Continue to Expand through Acquisition Harris, a St. Paul-based and leading mechanical contractor, acquired HVAC Controls & Specialties on April 1, 2021. Acquisition of the Garden City, ID company will allow Harris to expand its workforce and services into and across the state of Idaho. Leadership said, “This acquisition reflects our continued commitment to...
There has never been a better time to consider selling an independent insurance agency. Right now with dozens of buyers lined up interested in purchasing independent insurance agencies in the Twin Cities area. It is a seller’s market. How can you get ready to make the right decision about possibly selling your practice? Read this article from...
MINNEAPOLIS – June 16, 2021 – Sunbelt Business Advisors President Chris Jones 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) today. MSPBJ wrote, “In 2021, we are honoring 20 companies in the extra small category (10 to...
If divorce is an issue when selling a business, owners usually split the proceeds of any sale equally, so getting the best price and terms available for both sellers is critical. Taking advantage of the expertise of an experienced business advisor and broker is essential to the best possible outcome. Dissolving a partnership due to...
Private Equity Demand Continues to Drive Attractive Sale Prices GB Auto Service, Inc., a Greenbriar Equity Group, L.P. holding, has made a move to expand its presence nationwide. GB Auto Service underwent an acquisition at the beginning of April 2021 to take control of Goodguys Tires & Auto Repair, a five-location automotive repair and service...
What is the Biden administration doing on capital gains taxes? The administration has indicated an increase in the capital gains tax, from 20% to approximately 39.6%, for the nation’s highest earners might be coming. It’s a tax on the growth in value of investments incurred when individuals and corporations sell those investments. When the assets...
