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Archive of Category: Selling a Business

Family-Owned Businesses Urged to Sell Before the Party Ends (by Ben Steverman)
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...
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What is a Selling Memorandum and Why Do I Need One?
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...
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Year-End and 2020 Vision
Finish Strong - As a small business owner, your year-end push may be the difference between a decent year and a great year. Holidays are approaching and you and your employees can get distracted by the spirit of the season. Staying focused on the plan and working the plan to the end is the call...
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The Team Approach: Selling Your Business
I recently heard P J Fleck, coach of the University of Minnesota Gophers Football team say, “We play as a team of players not a group of players.” That got me thinking about how we operate at Sunbelt Business Advisors. Successful business owners usually have their own personal support team; perhaps a CPA or group...
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MN Hunting Company Sells to WI Based Company: Shareholders Happy
MINNEAPOLIS, MN, April 11th, 2019 – Sunbelt Business Advisors (“Sunbelt”), served as the exclusive financial advisor to Maverick Blinds LLC. (“Maverick”) in connection with a sale to MCL Industries, Inc. (“MCL”). Specific terms of the transaction, which closed on March 6, 2019, were not disclosed. Founded in 2014 by Chad Stoll and Scott Gleisner, Maverick...
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Why 2019 is the Perfect Time to Sell Your 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,...
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