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Tip #049 Key employees in place can be very important in the sale of a business!

Buyers are always interested to know if there are well-trained key employees that will stay with a new owner of the business. That expertise within the company’s operations can be very important in the transaction and future performance. Key employees can include top managers, department heads and other long-time employees… Read More »Tip #049 Key employees in place can be very important in the sale of a business!

Thank You: Diamond Financial Services

Thank you to Steve Mariani and Diamond Financial Services team for the wonderful gift box. It has been a pleasure working with Steve and getting to know him more from the IBBA board meetings.

CEO Economic Outlook Index

CEO are more concerned about the economic outlook. We’ll just have to wait and see, however with the layoff happening in tech I’m not holding my breath. The chief executives of America’s biggest companies are downgrading their views of the economy, which is not as gloomy as in prior recessions.… Read More »CEO Economic Outlook Index

October 2022 Inflation

The economy is slowing, there are possibilities of a recession on the horizon. And it looks like Inflation is finally cooling.

Know Your Buyer: $5MM-$50MM

$5MM-$50MM: Buyers in this sector were:• Strategic buyer (40%), PE firms seeking add-on (17%), or PE firms seeking platform deal (14%),• Motivated to acquire a horizontal add-on (46%), vertical add-on (26%)• Located more than 100 miles (60%) or within 20 miles (34%) of seller’s location

Know Your Buyer: $2MM-$5MM

$2MM-$5MM: Buyers in this sector were:• Strategic buyers (37%), serial entrepreneurs (26%), first time buyers (23%)• Motivated to gain a horizontal add-on (31%), vertical add-on (23%), buy a job (22%)• Located more than 100 miles (54%) or within 50 miles (20%) of the seller’s location