How to Determine the Value of an Ecommerce Business
Knowing how valuable your business is can inform all kinds of decisions, from business expansion to estate management. For the sake of a sale, however, here are a few useful tools to help you determine value the value an ecommerce business.
How 3 Private Equity Firms Valued the Same Company
In an interesting exercise, our friend and fellow International Business Brokers Association member Scott Bushkie asked three investment firms to generate an offer on the same manufacturing company. The results offer some good M&A lessons. Click here to read...
Insights from BizBuySell’s 2020 3rd Quarter Report
Most business buyers and sellers are wondering what 2021 and beyond will bring. BizBuySell and BizQuest President Bob House provided a range of insights stemming from BizBuySell’s 3rd Quarter Insight Report and a survey of more than 2,300 business owners. Learn more here.
Points to Consider Before Selling Your Family-Owned Business
As the old saying goes, “At some point, the time comes to sell almost every business.” But when it comes to family-owned businesses, a level of emotion comes into play. Here are a few things to think about.
Essential Meeting Tips for Business Buyers and Sellers
The buyer-seller meeting is quite often a “make or break” meeting. So you’ll want to ensure that it’s as positive and productive as possible. Here’s how.
How to Optimize Your Chances of Successfully Selling Your Business
The simple fact is that selling your business is likely to be the single most important financial decision you’ll ever make. With this important fact in mind, it is essential that you prepare far in advance. Here’s how.
What’s the Difference Between SDE and EBITDA for a Business Valuation?
Here’s a great article by our good friend and colleague Will Bruce that provides insight into these two measures of business profitability: SDE and EBITDA. Depending on the size of your business, one can be more meaningful than the other in a valuation of your business.
What Do Business Brokers Do?
This is an excellent and thorough presentation of the training and credentials business brokers have and how they help business owners to fully understand the selling process and get to the closing table successfully.
Video: Why You Should Think About Selling Your Business NOW
Are you a business owner? Ever think about selling? Here’s a VERY short video you should check out.
I Have a Question for You…
Have you thought lately about selling your business? That sounds crazy, given the uncertain times we find ourselves in. But here’s why you might want to act now.
How to Start a Business in a Terrible Economy
With millions out of work and many companies at a loss for revenue, now might seem like an inauspicious time to start a business. But plenty of successful companies were born in bad economic times. Inc. staff writer Emily Canal spoke to two founders, Birchbox’s Katia...
3 Tales of Business Transformation During a Crisis
Here are three stories from business owners who took bold and decisive action during times of deep economic uncertainty.
Video: Why You Should Work with a CBI to Sell Your Business
A Certified Business Intermediary (CBI) offers the most experienced and qualified professional representation available during the process of selling or buying a business. Learn more here.
What We’re Doing to Keep Our Small Business Afloat During the Pandemic
Many small business owners in the U.S. are struggling with the hurricane-force realities and terrifying questions spawned by the novel coronavirus pandemic. At BEACON Business Group, here are the ways in which we are trying to weather these stormy economic times.
Applying for the SBA CARES Loan? Here’s a List of the Docs You’ll Need
As small business owners ourselves, we have been working hard this week to get all of our docs in order. To help organize this process, Steve came up with a simple checklist of everything you need to properly file for the CARES assistance.
Our Small Business Was Hacked. Don’t Let It Happen to Yours
Stories about hacks of large corporations like Target, JP Morgan and Equifax may lead small business owners to believe that their operations aren’t big enough to attract the attention of cybercriminals. But they are. Our business recently became one of those millions of examples.
State of Wisconsin Resources for Small Businesses Dealing with COVID-19
The Milwaukee Business Journal, along with parent company American City Business Journals, is compiling an online “Small Business Resource Guide” to assist during these challenging times.
UPDATED (March 27) Free Tools, Resources, and Financial Help for Business Owners Hit by COVID-19
A growing number of companies are offering their online tools, classes, and resources at no cost in response to the impact on small-business owners from the coronavirus.
CDC: How to Maintain Healthy Business Operations During the COVID-19 Outbreak
Here are guidelines from the U.S. Centers for Disease Control and Prevention for maintaining a healthy workplace.