On Thursday, February 4th, 2021, Olivia Limon Account Servicing Specialist at Canyon State was our guest on the Delta Business Bite webinar. This Snippet focuses on video what an account servicing company is and the uses of it. Learn more about Canyon State Servicing Co., LLC. here: https://canyonstateservicing.com/ Address: 3333 E.… Read More »When Would I Use a Servicing company?
Dr. Ann Ewen of Sky’s the Limit Coaching, will be joining us Thursday, March 18th @1:30pm AZ time to discuss Business Coaching. As a former business owner who successfully sold her software company and then a 20 year Vistage chair, Ann brings a tremendous wealth of knowledge, experience and understanding… Read More »Delta Business Bite: Thursday, March 18th – Yes, you DO need a Coach!
According to estimates from Statista’s ecommerceDB, a database profiling more than 20,000 online stores worldwide, Chinese Taobao and Tmall, both owned and operated by Alibaba, are the world’s largest online marketplaces, with GMVs of $490 billion and $464 billion, respectively, in 2019. Amazon ranks third with an estimated GMV of $397,… Read More »Largest Online Marketplaces
Seller's Discretionary Earnings (SDE) – It is the Total Owner Benefit a business produces. Generally, it is used for evaluating businesses with gross annual sales that are under $1,000,000. For businesses over $1,000,000, EBITDA is generally used. How Small Businesses Are Valued Based on Seller’s Discretionary Earnings (SDE) Public companies… Read More »Delta Tuesday Term – Seller’s Discretionary Earnings
On Thursday, February 4th, 2021, Olivia Limon Account Servicing Specialist at Canyon State was our guest on the Delta Business Bite webinar. This Snippet focuses on the services provided by an account servicing company. Learn more about Canyon State Servicing Co., LLC. here: https://canyonstateservicing.com/ Address: 3333 E. Camelback Road,… Read More »What is an account servicing company?
According to the Market Pulse Q1-4 surveys, 60% of Business owners who sold their business for $5MM to $50MM in 2020 sold due to retirement while less than 7% did so due to health, family, or burnout reasons. Only 5% had an unsolicited offer. Source: IBBA & M&A Source… Read More »Reasons Sellers of Businesses Sold for $5MM-$50MM in 2020 Decided to Sell their Business
“And if the end result is that someone, somewhere winds up believing they can do something out of the ordinary, well, then you’ve really made it.” ― Angela Ahrendts Angela Jean Ahrendts, DBE is an American businesswoman who was previously the senior vice president of retail at Apple Inc. She… Read More »Monday Mojo – Angela Ahrendts
According to the Market Pulse Q1-4 surveys, just less than 2/3 of Business owners who sold their business for $2MM to $5MM in 2020 sold due to retirement while approximately1 in 5 did so due to health, family, or burnout reasons. About 10% had a new or better opportunity. Source:… Read More »Reasons Sellers of Businesses Sold for $2MM-$5MM in 2020 Decided to Sell their Business
Most retiring business owners expect that their financial needs will be met when they sell their companies. Unfortunately, that is not always the case. Business owners should have a business valuation performed by an independent professional and then create an “Exit Plan” to close the value gap if one exists.… Read More »Tip #28 Without a plan, business owners could end up with a “Value Gap”!
$1.9 trillion package cleared its final hurdle in Congress on Wednesday despite no Republicans voting in favor of it. The plan contains a range of measures such as a further direct round of payments to most Americans, amounting to more than $400 billion. Checks of $1,400 will be sent to… Read More »Breakdown of The $1.9 Trillion Package