We all hear a lot about what we SHOULD BE DOING from consultants, advisors, business coaches — even our spouses. But for whatever reason, we don’t always do what is best for us. Business owners’ careful planning for leaving their business is crucial to getting top dollar or smoothly passing… Read More »Tip #043 – “We know what to do, we just don’t do what we know!”
Inflation is taking a chunk out of savings, wages, profits. Here’s some perspective on the tight labor market: Once you adjust wage data for inflation, workers in the U.S. don’t seem to have made much progress since the before-times, Emily writes. American workers earned $31.95 on average, in real terms… Read More »Real Wages Are Dropping
IE has been with us for a long time and the verdict is still out on Edge. Microsoft is shutting off one of the least-beloved titans of the early internet era today – at least for their most recent operating system. Windows 10 users that try to connect to the… Read More »The Slow Death of Internet Explorer
Investors think Fed rate hikes are a done deal, Axios’ Matt Phillips writes. Sometimes things change. For instance, expectations about Fed rate hikes. Driving the news: Friday’s sizzling inflation report reinforced surging expectations for Fed rate hikes this year. This means traders and investors are overwhelmingly betting the central bank will hike… Read More »Interest Rates are Rising
Consumers are worried how far their paycheck is going to go with everything going up around them. Consumer sentiment hit an all-time low this month, according to the University of Michigan’s closely watched survey of consumers, Courtenay writes. What’s happening: Roughly 46% of consumers said their negative views about the… Read More »Consumer Sentiment at All Time Low
Year-over-year trends show an increase in seller financing in the Main Street market. The lower M&A market remains steady, however, there were fewer earnouts.
The average time to sell a small business shrunk slightly, varying from six to 11 months. Of that time roughly 60 to 120 days are spend in due diligence and execution, after a signed letter of intent or offer.
The average time to sell a small business shrunk slightly, varying from six to 11 months. Of that time roughly 60 to 120 days arespend in due diligence and execution, after a signed letter of intent or offer.
A seller’s market occurs when demand exceeds supply. There are more interested, active buyers than there are quality deals onthe market. In a seller’s market, buyer’s compete in order to win deals. This typically translates to increased values and morefavorable deal terms for the seller.Q1 trends shows an ongoing rebound… Read More »Seller’s Market
On average, business valuations have held relatively steady in the Main Street market, with multiples from 2.0-2.8x SDE. These multiples have remained fairly consistent over the history of the survey. Shifts are more likely in the lower middle market, however, as businesses become more attractive targets to financial and strategic… Read More »Average Selling Price as % of Asking/Benchmark Price