Book Club #32: Built to Last: Successful Habits of Visionary Companies, by Jim Collins and Jerry I. Porras
Built to Last: It’s one thing to make a company great, but to make a visionary one that lasts for generations is an enduring accomplishment.
Author Archive for: Apex Business Advisors
Entries by Apex Business Advisors
Episode 67 – The Best Kept Secret in Business Sales – The Deferred Sales Trust
We define a Deferred Sales Trust and how it can be deployed to help a seller keep more of the money from the sale of their business.
Case Study #74: When the Market Changes, Pivot
When Jaclyn Johnson had a $40M all-cash deal for her events company, Create & Cultivate, implode at the 11th hour, she didn’t fall apart. She took the lessons she learned to get an 8-figure exit just a couple years later.
Episode 66 – The Importance of Planning
On today’s podcast, we discuss the work that needs to be done by the Business Owner before they list their business for sale.
What Brokers Don’t Do
While we do take pride in providing our customers with peace of mind in a business transaction, there are limits to what we can do.
Episode 65 – What Does Your Spouse Think?
Getting your spouse involved in the process may be one of the most important aspects of keeping a deal on track.
Book Club #31: Good to Great: Why Some Companies Make the Leap and Others Don’t, by Jim Collins
From having the right people on the bus, to being a hedgehog, this book club review of Good to Great should be helpful!
Episode 64 – Deal Fatigue – Seller’s Last Few Weeks
Andy and Doug discuss Deal Fatigue and how it impacts the seller in the two to four weeks leading to closing day.
Case Study #73: Local Meat Delivery Peaks at the Right Time
truLOCAL was acquired in 2020 for an eight-figure sum. Not bad. The owners bootstrapped the business with $40,000 of their own money to start.
Episode 63 – The Importance of Non-Disclosures When Selling to an Industry Buyer
The story of a recent closing involving competitors and how additional Non-Disclosure Agreements were crucial in getting the deal done.
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