Entries by Apex Business Advisors

Know Your Broker: Ron Kleier

In this occasional series, we will share profiles of our team here at Apex so you can get to know the men and women that make us best qualified to help you buy or sell a business. While it’s true that Ron has only been in the industry for 3 years, he brings over 45 […]

Case Study #14: Even When You’re Early, You Can Sell

In 2006 when Claude Theoret began building elements of the company which would later become Nexalogy, the term “big data” didn’t even exist. It was just called data mining.   Today we’re familiar with the term and easily recognize big players like Amazon, Facebook, and Netflix not only using big data to improve their own […]

Book Club #13: Start with Why by Simon Sinek

In 2009 Simon Sinek published a book called Start with Why. That same year he gave a TedX talk which at the time of this article had 36,000,000 views. Why such interest?   He hit on a powerful notion that isn’t just valuable for a business owner who wants to connect more thoroughly with a customer, […]

How SCORE Can Help You Build Your Business

SCORE, the Service Corps of Retired Executives, is a nonprofit supported by the SBA that offers counseling advice to business owners. It’s powered by a network of 10,000 volunteers, mostly successful business owners and executives, who still love the sport of business and want a chance to help younger versions of themselves. Because of the […]

Case Study #13: Bought by the Competition

Mark Carlson bought Minnesota Mailing Solutions in 1998 for around $1M and grew the business over 10 years, eventually selling it for $4.5M. It was his ability to stay unemotional and focused on business fundamentals that ensured he walked away with the best offer possible. In 1998 there was still a very large market for […]

Book Club #12: The Dip, by Seth Godin

Seth Godin has been a prolific blogger and author for many years now. He is particularly dedicated to helping entrepreneurs grow their businesses and develop robust mindsets.  The Dip, which has a subtitle that promises to teach you “when to quit and when to stick” develops a very specific theme across its 96 pages. Seth […]

2017/2018: Good Times to Buy and Sell a Business

2017 was an eventful year in many respects. Politics, cryptocurrency, and social issues were constantly in turmoil and at the forefront of discussion. However, those of us who own, operate, buy, and sell business have seen a lot of good growth and have a fairly bright outlook for next year. Why? Here are a few […]

Case Study #12: The Right Multiple

In 1993 Dennis Hart founded Apex Media Sales (what a great name!). Apex focused on long-form direct response television advertising, in the specific categories of religious and infomercial advertising. Dennis enjoyed the structure of the company. It was a cash-in-advance business. While the television and cable networks demanded payment upfront, he was also able to […]

Annual Meetings: Not Just for Shareholders

Most of you may be familiar with the “annual meetings” required by law for corporations. For small businesses these meetings are often virtual and imaginary, a function that’s simply required for corporate compliance.   For others, it’s a real and genuine chance to meet their shareholders in order to look over financials for the last […]