Business owners are surrounded by potential buyers. Family members, employees and competitors interact with business owners daily. So it is no surprise that a family member who works in the business, a loyal employee or even a respected competitor are at the top of the list when a business owner thinks about selling. But how...
Business owners are an independent lot. But they 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 a combination of personal...
Every business owner is capable of selling their own company. But when it comes to this major financial event, owners should consider whether “for sale by owner” is a smart strategy. The typical business owner is, by necessity, a good negotiator. They negotiate with vendors and customers on a regular basis. They certainly understand their...
BizBuySell, a leading business for sale website used by business brokers such as Sunbelt, reports that small business transactions are on pace to reach a record high in 2014. BizBuySell has been tracking small business sales since 2007. Their most recent report, which polls business brokers nationwide, shows: 18% surge in small business sales Median...
A client of Sunbelt Business Brokers was recently featured in the Wall Street Journal in an article titled “Finally, A Good Time to Sell the Business”. The article tells the story of Peter Schoon of Orono, Minnesota who wanted to sell his technology-services firm and retire with his wife. Despite the success the business saw...
Check out a recent article in Smart Business highlighting a recent nationwide survey of business owners by Securian Financial that reveals that 60 percent of all small business owners plan to leave their business in the next 10 years. [READ MORE]
Check out this short article from Forbes.com that touches on why you should sell your business including 1) Sale prices are up and there is more money on the sidelines 2) …….[READ MORE]
BizBuySell reports that owners are receiving higher prices for their companies and that the number of transaction saw an extreme increase of 49% in 2013. BizBuySell collects data from business brokers such as Sunbelt Business Brokers of Minnesota. In 2013 business brokers reported over 7,000 transaction up from approximately 4,700 transaction in 2012. The report...
Why is now Finally A Good Time to Sell? A recent Wall Street Journal article answers that question by evaluating a Technology company SOLD by Sunbelt. Chris Jones, Managing Partner for Sunbelt Business Advisors in Minnesota discuss the details of the article on Growing Your Business So You Can Exit in Style on The Patriot...
