“Hi Joanne. This is Denise. I understand that you might be interested in selling your home. I can help you with that,” said the Realtor when the homeowner answered the phone. “Great! I am interested in selling,” Joanne replied. However, when Denise began to ask for more information, such as the price, address, square footage, […]
Deals can die for many reasons, but “Time” is the worst reason of all! It’s possible to manage, yet also easy to let Time take control. Let’s say I have a buyer, Bob, who is taking his time getting due diligence done. He has a process – no problem. However, as he completes his due […]
Everyone knows that “Cash is King”, right? Cash is critical to a businesses’ survival. But unreported cash can be a problem for a business. There is a tendency for many business owners to hide cash, under report revenue, or exaggerate expenses in order to reduce their tax bill (illegally). Two obvious downsides to doing this, […]
Time flies and we needed to update the Apex website. For companies needing to keep up with search engines like Google, it’s critical to have a mobile friendly site. KCApex.com is now mobile friendly! Our buddies at Blue Gurus are taking care of all the details and making it super easy to get caught up […]
We had a couple successful closings today, but one stands out because of the positive experience that could be relevant when dealing with your own transaction. Both buyer and seller had to take assertive steps to make the deal work. They were open to suggestions by their Apex advisors, such as local bank options and […]
When I read Jason Moxness’ Blog the other day, I couldn’t help but relate in terms of the Apex team, our buyers, and our business owners. Anyone who is successful has had to take risks along the way and probably failed at least once, but continually sought out potential opportunities. Sometimes it’s luck, but I […]
The act of “Planning” can conjure up some dread: thoughts of hard work, long meetings, limited results, and risk of missing goals. I guess that’s why so many business owners never put a plan in place for either building a business or exiting a business. I found a great article that gets to the real […]
Selling and Buying businesses is different than completing real estate transactions. With a real estate transaction a price is agreed to, probably an appraisal is ordered, and maybe an inspection, but there is very little due diligence required. When selling a business there is quite a bit more involved in the due diligence process, financing […]
Small business thinking leads to small business value. Thinking as a big company will likely lead to an increase in value. Some simple things to implement now, long before you are even considering selling, that can tremendously impact the value and marketability of your business include: Financial record keeping. Quit using the company checkbook as […]
Opportunities can disappear in a blink of the eye! Engaging in business acquisitions requires buyers to act quickly and assertively. There is quite a bit of activity in the market with many buyers looking for businesses to purchase. The best businesses go fast! If you have been looking at businesses for a few months, or […]
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