Knowing the best time to sell can be a real challenge. The absolute best time to sell is when you don’t have to sell. Meaning that business is booming, the market or industry is strong, you are healthy, you have a wonderful marriage, and you still enjoy going to the office. (Sounds like rainbows and […]
Did I just catch you daydreaming of a better life? Were you thinking about your sucky job? Or have you already been laid off and are searching for a much more secure future for you and your family? Have you thought about buying a business? There are some things to think about when comparing holding […]
Welcome Apex Business Advisors would like to welcome Brandt Hill to our advisory team. Brandt has many years of Investment Banking and Entrepreneurial experience, which will be a huge benefit to his clients. Check out his bio link above to learn more about Brandt. Contracts vs. Hand-Shakes Contracts can be a painful process when completing […]
Sounds boring right? If you made it this far, thank you. Keep reading. For business owners there is a fair amount of planning that goes into finishing up the year and preparing for next year. Year-end expense adjustments and tax planning can consume a ton of time. But I don’t want to talk about that. […]
The majority of acquisitions require some level of bank debt to facilitate the transaction and to greatly enhance returns for the buyer. In most cases, buyers want to use as much bank money as possible and utilize their own personal funds for working capital and for family needs. Banks will generally require about a 20% […]
Number One Way to kill any deal? Raise your price after receiving a full-price offer! (Bang head on wall now.) Fortunately, this doesn’t happen frequently, but I’m afraid it does occur. We spend quite a bit of time establishing a business value with the seller, and then publishing the price in the marketplace. We have […]
It’s been a very hectic and dusty 2 months. We are expanding our space and are now nearly done with the construction. Our improved office will be able to handle the increased interest in our seminars, give us more breathing room for our various networking meetings, and allow for additional conference rooms and office space. […]
When selling a business, it is important to keep the attributes that made the business successful in the first place intact. It is not the time to cut marketing and sales efforts to save money or decide to semi-retire, change employee pay plans, or stop paying bills. Sometimes sellers think they are safe making these […]
This is an old Chinese proverb. Or He Who Hesitates, Regrets. An Albanian Proverb. Either way works in the business broker world. We see hesitation with buyers and sellers every day. Whether Buying a Business or Selling a Business, either party can ask the same questions – Is this the best or right price for […]
We have buyers jumping through hoops to get good businesses! So when they jump through hoops, there is an expectation that the business “seller” is ready to jump too. The business owner has the ability to make the process super easy or extremely difficult. Generally speaking, how the owner conducts business will translate to the […]
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