By Max Friar 70% of M&As close no more than 3 deals per year! When the time comes to sell a business, no matter the reason – retirement, burn out, other business opportunities – owners are concerned with the final result: a quick, smooth, confidential sale to the right buyer for the best price and […]
The Most Important Question When Hiring A Business Broker / M&A Firm Read More »
We’ve discussed previously why business owners have less success selling their businesses themselves, but even with proper positioning and marketing some businesses will never sell. There are a number of reasons for those failures, and here I have laid out the Top 5 Reasons That Businesses Do Not Sell: 1. The Unicorn Hunter The “unicorn hunter”
The Top 5 Reasons That Businesses Do Not Sell Read More »
Many small business owners are self starters and have tolerance for risk as well as a natural optimism, so when they decide they are ready to transition out of the ownership role in the business they created, they try to sell them themselves. And they fail. Their businesses linger on the market, or they receive
Why You Couldn’t Sell Your Business Yourself Read More »
Sadly, the average business broker (the “introducer”) has an abysmal closing success rate of less than 10%. How is this possible, you may ask? It’s possible because typical business brokers do not take the time to do three critical things: Understand their client’s business and the opportunities that it provides for potential buyers; Prepare comprehensive
What Differentiates “Introducers” from M&A Advisors? Read More »
It can be difficult to know when the right time to sell your business might be. For a business owner with a company that is in good shape financially, this will always be a matter of guesswork. You have to compare the known (your company’s past and present performance) with the unknown (your company’s future
Business Is Booming – Should You Sell Now? Read More »
It’s no secret that, from a financial perspective, these last ten years have been “interesting times” to live in both in the United States and worldwide. The financial markets have been less predictable than during earlier, more stable times, the economy took a plunge and then recovered somewhat, and the restructured business climate with its
Your Business and Your Retirement Read More »
Last month we discussed about Baby Boomers and how this demographic is influencing and will continue to affect business sales for the foreseeable future. We discussed when would be the best time for a Baby Boomer owner to consider selling a business in order to get the most return on his or her invested time
Baby Boomers Selling, Baby Boomers Buying Read More »
The news about business sales always mentions that Baby Boomers who are hitting retirement age are behind the big numbers we’re seeing currently. Back in February we reported that 2014 was a record-breaking year for small business sales, and the news about this market continues in this vein: the number of businesses currently for sale
Baby Boomers: Should We Sell Now or Sell Later? Read More »
When it comes to business, getting larger isn’t always getting better or more profitable, but in many cases a smart acquisition is a good strategy for success. It all comes down to when, why, and how. When you are considering a business acquisition, ask yourself these questions in order to determine whether or not it
Will an Acquisition Boost Your Company’s Success? Read More »
Check it out! Five business brokers, including Calder’s Max Friar, were recently profiled by MiBiz.com in “Tips from 5 M&A professionals for business owners looking to sell.” Highlights include: Smart things to do to prepare for an eventual sale Being financially vs. emotionally ready to sell your business Signs that it’s time to sell If
Advice from West Michigan Business Brokers Read More »
