Sunbelt Business Advisors - Industry Expert when Insurance Agencies Want to Buy or Sell - Facilitates the Transaction MINNEAPOLIS – September 9, 2020 – Sunbelt Business Advisors President Chris Jones today announced that the J & R Agency has joined Dyste Williams of Minneapolis, Minnesota, a transaction facilitated by Sunbelt Business Advisors Broker Keith Payne....
Hello Inside Track Members! We are beta testing a simple tool to help our Inside Track Members evaluate opportunities. It’s based on some of the critical criteria buyers should look at when evaluating a business opportunity. Please provide us feedback so we can continue to improve it for you. The business Value Score is calculated...
A late April 2020 survey of over 300 small to lower-middle-market US-based companies shows one-third of respondents with Covid-impacted revenue being flat or up as compared with same period for 2019. Companies that have maintained or grown their historical revenue and profit during the Covid lockdown will be considered “pandemic-proof” and their valuations will reflect...
Families who own businesses are getting this piece of New Year’s advice: Sell. Not only is it a great time to put a private company up for sale while the economy is strong and many deep-pocketed buyers are circling, wealth advisers are also reminding clients of looming political uncertainty toward the end of 2020. If...
One of the key documents for marketing your business for sale is your Selling Memorandum or Confidential Business Profile. Your Selling Memorandum is a well organized, detailed and comprehensive book that should contain enough information to rouse interest, answer questions and help a prospective Buyer see your businesses strengths and its greater opportunity. This valuable...
You know everything there is to know about running your business but how much do you know about selling it and how to NET the most when you do? Have you ever sold one? How many? How successful was it? Did you have a sea of buyers competing for it? As business owners...
I was meeting recently with a business owner who was concerned about being able to sell a business without any hard assets or employees. He was trying to determine the value of his business. The fact is, you don’t need to have a lot of hard assets or employees in order to have a business...
Business owners are surprisingly predictable when it comes to selling their companies. When revenues are rising and money is cheap; they delay. This can have serious consequences when the market turns. Every business owner will exit their business someday. The decision to sell is often both personal and financial. The personal reasons can vary widely,...
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...
