Entries by Apex Business Advisors

Why You Should Buy Instead of Build

There is an inordinate level of romance associated with building a business from scratch.  Shows like Shark Tank and The Profit only exacerbate the issue.   Though such shows do show the struggles that these business owners face, the very appearance on television creates aspiration: “I want to do that too.”   First-time entrepreneurs looking […]

Book Club #18: Before the Exit, by Dan Andrews

There are some books out there that can tell you the financial side of how people exited their businesses, but there’s not too much literature on the emotional process of selling.   Bo Burlingham often refers to a sale as just another “phase” of the business. Dan Andrews and his business partner experienced a seven-figure […]

Is It Time to Sell?

In a previous article, we discussed various signs that it’s the right time to sell your company.   What so many people see as ultimately mostly a financial transaction is possibly going to be one of the most emotional things they ever experience.   So, even clicking through to read an article with such a […]

Case Study #19: Happy to Take Your Call

In 2003 Jill Nelson founded Ruby Receptionists to help small businesses provide a great first impression to new potential customers by providing an answering service.   This could help the business who just needed one person to provide skeleton phone coverage or a growing firm that needed scalability over time. She’s still in charge of […]

Is Your Business Overpriced?

However a business owner makes it to that critical moment when he or she decides to sell, it’s important to realize that this is the beginning of an entirely new process.   Whatever amazing expertise he/she may possess in running a business, selling a business is something entirely separate. More than anything, emotion can get […]

Starting a Rotary Club from Scratch in Brookside/Waldo

Many of our brokers are involved in giving back to our community. We will occasionally share some of those stories with you. “It’s important to take care of where you live, not just your own street…but your neighborhood. You naturally want to improve it in every way.” With an attitude like that, it’s easy to […]

Why Due Diligence Matters

Earlier this year, Todd Edwin Rood was sentenced in federal court for lying about the assets and liabilities of a company he’d sold just the previous year, Rood Machine & Engineering, in Kearney, Missouri.   In addition to a jail sentence of four years without the possibility of parole, he’s been ordered to pay $1.3M […]

Case Study #18: Coming Back from Failure

Shelley Rogers has been a leader in a field that’s now very trendy. But many years ago no one even knew the field existed. That field? Electronics recycling.   Little did she know that her initial success would lead to an even more ambitious move that ended in catastrophic failure. She didn’t let those lessons […]

Know Your Broker: Jeff Crooks

In this occasional series, we will share profiles of our team here at Apex so you can get to know the men and women who make us best qualified to help you buy or sell a business. Jeff Crooks has spent almost 20 years as a business broker. Even more impressive, he’s spent almost double […]

Book Club #17: How to Win Friends and Influence People

Dale Carnegie’s How to Win Friends and Influence People was the book that kickstarted the personal development genre that continues to grow every single year.   While some have attacked some of Carnegie’s methods as “forced”, its continued selling power since 1936 speaks to the timelessness of the ideas between its pages.   In this article, […]