The IBBA/MAS 2024 Market Pulse Q3 Report sheds light on a critical aspect of business sales: cash received at closing. Main Street Businesses: Sellers received approximately 85% of the sale price in cash.$5M–$50M Deals: Sellers typically received just over three-quarters of the sale price in cash. Why the difference? Deal… Read More »How Much Cash Will You Get at Closing?
Wow! What an incredible evening at the All-Group Phoenix ProVisors Holiday Party! It was such a joy reconnecting with old friends, meeting new ones, and spending time with so many amazing business colleagues. A huge thank you to everyone who made this event so special—here’s to a fantastic holiday season… Read More »Provisors Phoenix Holiday Party
I had an amazing time at the AZBBA Holiday & Awards Program last night! I’m incredibly honored and grateful to have received the Outstanding Producer Award. Congrats to all the winners last night & those who made the evening so special—it’s a privilege to be part of such an incredible… Read More »Arizona Business Brokers Association Awards Dinner
The IBBA/MAS 2024 Market Pulse Q3 Report reveals critical pricing trends for business sales: These trends have remained consistent over the past 5 years, proving that pricing strategy can make or break your deal. Are you ready to position your business for maximum value? Whether you’re in the Main Street… Read More »Are You Pricing Your Business for Success?
Managing a business on a day-to-day basis is not the same as selling a business. It takes different expertise and knowledge of the marketplace. The business owner must have the books in order, identify true profitability of the business, understand tax implications, have key employees in place, prepare facilities to… Read More »Tip #073 Selling a business takes a team of professional advisors.
The IBBA/MAS 2024 Market Pulse Q3 Report confirms a key insight: average valuation multiples increase with company size and enterprise value. Over the past 5 years, lower Main Street market multiples have remained relatively stable. However, scaling up can unlock higher multiples and significantly boost your business’s final valuation. Are… Read More »Size Matters When Selling Your Business!
A big thank you to Arizona Escrow & Financial Corporation for hosting their annual holiday open house! The event was a delight, featuring incredible music, delectable bites from Benedicts Catering, and a delicious apple-inspired signature beverage. It was a wonderful way to celebrate the season!
I had the honor of hearing Commander Kirk Lippold, USN (Ret.) share his extraordinary story and invaluable leadership wisdom. As the Commanding Officer of the USS Cole during the tragic attack on October 12, 2000, he and his remarkable crew demonstrated unparalleled courage, saving the warship from sinking. Commander Lippold’s… Read More »Commander Kirk Lippold ‘Pillars of Leadership’
OMG…what an amazing time at Elontec’s Showroom Refresh Party last night! Ginger & Joe Clayton are absolutely rocking it! From the incredible vibes set by Urban Electra to the meaningful support raised for the Arizona Diaper Bank, the evening was a perfect blend of fun and philanthropy. Highlights? The 360… Read More »Elontec’s Showroom Refresh Party
What’s Driving Business Owners to Sell? According to the IBBA/MAS 2024 Market Pulse Q3 Report, retirement is the #1 reason business owners successfully sell their businesses. However, motivations shift depending on business size: Burnout drove 20% of owners to sell businesses valued under $500,000.Recapitalization motivated 20% of owners in the… Read More »Reason Sold in Q3 2024