At their core, successful business owners like you are builders. Whether you founded your business, or purchased one and took it to new heights, doing it yourself runs through your veins. Why, then, would you need professional help to plan for a successful business future? We could go on and on about all the reasons […]
Building a business is challenging enough as it is. With the right Advisor Team, you can focus on business challenges while your advisors create strategies that help you compound your success in the future. But how do you build an Advisor Team that works for you instead of against each other? Consider the story of […]
A slowdown of M&A deals since February may be causing a pause for sellers and buyers alike. Contributing factors such as rising interest rates and the possibility of a recession looming are creating instability in the market. But is the slowdown truly a cause for concern just yet? Many M&A leaders are saying there is […]
Running a successful business requires incredible amounts of effort, ingenuity, and capital. And when it comes to planning for the business’ future—both with and without the owner—many business owners ask, “What will this cost me?” Let’s look at the difference between the price of planning, and the costs of shooting from the hip. Understanding the […]
Emery Ellinger was recently interviewed for an article, “Investors Continue to Target HVAC, Plumbing Firms,” published by Business Observer. The article discusses the interest investors have taken in the home services industry, recognizing the value of consolidating multiple firms and creating a diverse portfolio under one corporate entity. “Here’s what private equity really likes — […]
Successful business owners are proud people—and with good reason. Their businesses are the heartbeat of the economy, and have immense effects on the lives of people inside and outside the business. With so much riding on the business’ success, it’s only natural for business owners to feel the temptation to withhold certain pieces of business […]
The current volatility in the financial markets creates an element of uncertainty that is likely to influence the value of businesses in the short to near-term. The impending increase of interest rates, along with share price fluctuation, the higher cost of energy, dislocation of supply chains, and higher inflation are set to impact dealmaking. Because […]
All successful business owners must eventually face a stark reality: One day, they will no longer run their business! If this idea makes you uneasy, you aren’t alone. Today, we’ll show you how preparing for a future you may not be ready for now can benefit you both today and when you are ready. Overcoming […]
It’s not uncommon to hear the phrase “Don’t take it personally” in terms of business decisions. But when you own a business, it’s difficult—if not impossible—to not take business decisions personally. After all, it’s likely that you, your family, and others you care about rely on your business to maintain or their lifestyles or their […]
As an Owner prepares to exit his/her business, one of the biggest things that he/she may neglect to do is enhance the value of their business— losing out on selling it for what it is worth. The value of a business can be increased in numerous ways— recurring revenue, customer satisfaction, books, and records— […]
