Running a business is challenging under even the most perfect conditions. But what happens when you, as a business owner, are confronted with personal tragedies or other events that require you to take time away from your business? Can your business run well without you at the helm for a week? A month? A year? […]
St. Petersburg, FL – Aberdeen Advisors, Inc. is pleased to announce that it served as the exclusive advisor to Sun Country Cleaners in connection with its successful sale to VOLK Holdings LLC in the Tampa–St. Petersburg, Florida market. The transaction was led by Hank Riner of Aberdeen Advisors, who guided the company through a comprehensive […]
Many successful businesses are built on the strength, vision, and relationships of their founder. While this is often a key driver of growth in the early years, it can become a significant concern when it comes time to sell. Buyers are not just acquiring past performance; they are investing in the future of the business. […]
In tight labor markets, it can be difficult to hire the high-quality employees your business needs for continued growth and success. At the same time, your business needs to retain the good employees that you currently have so they don’t leave for greener pastures. What are some things that you can do to entice outsiders to come work for you while maintaining a culture that fosters loyalty among […]
As you grow your business, you will likely make the biggest, most important decisions about the trajectory of your business. But sometimes, this can create bottlenecks. Your business may require you to delegate more responsibility to others for one simple reason: You are only one person. However, when delegating tasks, you may want assurance that the person you are delegating to has […]
One of the most underestimated challenges in selling a business is continuing to run it effectively while navigating a demanding transaction process. Owners are often surprised by how much time and energy a sale requires; meetings with buyers, due diligence requests, financial reviews, and negotiations can quickly become a second full-time job. Yet buyers expect […]
For most business owners, growth is good. But there are situations where growth can position the business to fail and business owners to burn out. Let’s look at a fictional but representative example of when growth can get out of control and why it’s so important to have a written process for handling your business’ growth. Facts and Feelings […]
External events, like supply shortages and inflation, make running a successful business even more challenging. In today’s inflation market, business owners can be forced to make decisions they’re uncomfortable with, especially in terms of raising prices. It’s not uncommon for business owners to feel guilty or fearful that raising prices may do harm to their business. But sometimes, difficult decisions can become […]
As a business owner, your employees put added stock into the things you say, how you say them, and when you say them. This is why it’s extremely important to avoid making empty promises based on good intentions. Let’s look at some ways that you can position yourself to minimize communication risks within your business. Write Everything […]
When business owners think about valuation, they often focus on revenue growth, EBITDA, and market multiples. Those factors matter, but in real M&A processes, deals are frequently repriced or delayed because of hidden risks that surface during diligence. These issues are rarely deal‑killers on their own, but they quietly erode buyer confidence and negotiating leverage for the […]
