This is the first blog in a series titled "Fix It or Flip It". This series will address other high-level issues that business owners face when considering a transition plan. Molliter also has a short presentation on this subject that can made to your … [Read more...] about When Should You Sell a Business?
With so much on the line, timing plays a major role in the sale of any business. So, how long can you reasonably expect the sale of your business to take? In addition, this video will also lay out the steps required to successfully sell your … [Read more...] about [VIDEO] How Long Does It Take to Sell a Business?
Business brokers and professional intermediaries can bring value when selling your business. Ideally, they can obtain a better sales price as well as provide assistance and support through a long and often complicated process. However, prior to … [Read more...] about Three Questions to Ask Prior to Contracting with a Business Broker
Clients and potential clients ask, “What EBITDA1 multiples are being paid for a company in my industry,” or they state, “I am going to work until the EBITDA in my company is Y, and then it will be worth Z”. This is where we must explain that: … [Read more...] about The Problem with Earnings Multiples
The trucking business values hard assets, but when you are a freight broker, it is your service that holds the key to selling the business that reflect your personal investment. Buyers will be cautious that they aren’t buying a basket of … [Read more...] about Five Key Value Adds When It’s Time to Sell Your Freight Brokerage
We think the answer in most cases is, no. It’s often like the person who tidies up the house before the maid arrives. Buyers will go through your financials to learn how their own operating style will yield profits using your assets and customer … [Read more...] about DO YOU NEED TO FIX YOUR FINANCIALS BEFORE TRYING TO SELL YOUR COMPANY?