As you nurture a competent management team and strategize your gradual exit from daily operations, ensure you indulge in some well-deserved breaks, especially in the lead-up to a sale. Prospective buyers are on the lookout for enterprises that thrive, even in the owner’s absence. Pause for a moment and reflect:… Read More »Boost Your Company’s Worth: Embrace a 3-Week Getaway!
Yesterday we had an other productive Accelerent Executive Roundtable powered by Benefit Commerce Group and hosted by IMMEDIA Integrated Technologies. In attendance were: Chris Hogan of Benefit Commerce Group, Mike O’Donnell of City Wide Facility Solutions, Vince Magana of Creative-13, Lisa Riley Delta of Business Advisors, Millie Oakeson of Diamondback Healthcare, Bob… Read More »Accelerent Executive Roundtable
Westtech Recyclers offers a convenient service for collecting non-functional electronics from your office. They provide a certificate of recycling and can also provide a certificate of harddrive grinding and destruction. Check out further details about their services at this link: https://www.westechrecyclers.com/ Westech Recyclers has been protecting the local Arizona environment… Read More »Westech Recyclers
As Reported in the Q3 2023 BizBuySell Insight Report The Business for Sale Confidence Index by BizBuySell reported that small business owners maintained a confidence score of 46 in 2023, the same as the previous year. This index measures the sentiments of business owners and buyers, using a scale of… Read More »BizBuySell Confidence Index
Picture this: after a painstaking eight-month process, we stood on the cusp of finalizing a deal, only for it to nearly fall apart just before completion. With such confidence in the imminent deal, the Seller even introduced the supposed “new owner” to customers on calls – a premature move, and… Read More »The Power of Expertise: A Tale of Two Outcomes
A wonderful WATT meeting this morning with such amazing women CEOs and leaders an excellent presenation by SPEAKER… Kay McDonald BUSINESS BUZZ… Tiffany Halperin Ardra Hansen Dyan Haugen Bobbi Howard Marlene Imirzian
According to BizBuySell’s recently published Q3 2023 Insight Report, https://www.bizbuysell.com/insight-report/ Despite rising material and employee costs, sale prices continue trending upward. The median sale price rose 10% to $329,000, while the median asking price rose 8% to $350,000. However, small business valuations remained flat. The average cash flow multiple of… Read More »Median Sale Price vs. Asking Price
This afternoon, Lisa collaborated with fellow members of Accelrent in the Accelerent/Benefit Commerce Group Business Engagement Subgroup hosted by Benefit Commerce Group. The meeting was attended by professionals and yielded great discussion. Allison Taylor of Accelerent Brian McKay of BPM Companies, LLC Lisa Riley of Delta Business Advisors Greg Brown of Expense… Read More »Accelerent Business Engagement Subgroup
One of our mantras is: “Go ugly early.” When offering a business for sale, don’t hesitate to disclose potential challenges immediately, be it a recent customer loss, fluctuating backlog, or maxed-out operational capacity. You might wonder, “Won’t this deter potential buyers before they recognize the value of my business?” It might,… Read More »Go Ugly Early!
Another great discussion at M&A Source as the conference is on its last day. A session was led by Jeff Snell, who moderated a discussion featuring Cress V. Diglio, Kyle Madden, Steve Mariani, and Evan Ottaviano as panelists. The main focus of the session revolved around add backs, which are… Read More »Workshop Add Backs Unveiled: Unraveling the Impact of Adjustments in M&A Transactions