When you sell your business, you have to do something with the money you receive, which usually means buying into another asset class that is being affected by that same economy.
This Midwest iron works manufacturer has provided quality castings with quick turnaround for its industrial customers for more than 40 years.
This very profitable business continues to grow even as it is on the market. Owner is pursuing a new opportunity outside of the industry and is very motivated to sell!
If your goal is to grow your business fast, you need a positive cash flow cycle or the ability to raise money at a feverish pace. Anything less and you will quickly grow yourself out of business.
Selling your business will likely be the largest financial transaction you’ll ever make. Yet many smart and successful business owners try to sell on their own. Here’s why that’s not a great idea.
The value of your business comes down to a single equation:
Profit × Multiple = Value. Here’s why it’s important to focus on that second number.
This article from In Business Magazine presents seven ways business owners misstep during the valuation process.
Good news: There is a proven way to dramatically improve the value of your business and make it more attractive to potential buyers!
Here are a few business-selling pieces of news from a recent International Business Brokers Association survey, with commentary from BEACON Business Group President and IBBA member Steve Boylan.
This union shop has provided quality design, fabrication, erection and servicing of indoor and outdoor signage for more than 20 years.
Listing price: $11,000,000
Selling price: $12,000,000
Listing Price: $595,000
Selling Price: $565,000
This profitable business manufactures custom architectural casework for commercial clients throughout southeastern Wisconsin and northern Illinois.
Established almost four decades ago, this business is a leading North American supplier of top-brand water-related recreational equipment.
This very profitable Midwest business provides high-quality performance retail products and expert consultation to its loyal base of customers.
Estate planning is not something to put off until your deathbed. Should you have an estate plan? Absolutely.
But what does new owner training involve? What are your responsibilities? And how long will you will be “on the hook” after the deal has closed? Read on to learn more.
If you are selling your business, ignoring tax considerations until after the deal is struck is a big mistake and can put you in a dicey negotiating position.
If you are considering transferring your business to a family member, you might be tempted to put their wants and needs ahead of yours. Here’s why this is not always the smart thing to do.