Business owners deserve to get full value for their businesses when they decide to retire. But who determines what “full value” is, and how do you create it? Let’s look at three strategies you can implement to pursue and build your business’ value. 1. Get a Proper Valuation For many business owners, the value of […]
Running a successful business that generates wealth is incredibly satisfying. If there’s a downside to it, it’s that much of that wealth is generally illiquid, unless you sell the business or invest outside of your business. Today, we’ll examine a fictional but representative example of how diversifying your business success outside of your business can […]
As we head into the second half of 2023, industry analysts expect an upswing in M&A activity. According to PWC, despite a 4% decline in deal volume during the first half of 2023, deal volume remained higher than 2019’s pre-pandemic levels. With inflation predicted to normalize, the M&A market is forecast to pick up momentum […]
A big part of being a successful business owner is your ability to ask questions. This innate curiosity allows your business to thrive, adjust, and evolve. It’s also a good way to begin planning for a successful future outside the business. Let’s look at the four questions successful business owners ask themselves when planning for […]
When you co-own a business, you likely don’t go into it thinking, “One day, we may loathe each other.” But over time, goals, ambitions, and the economy itself can change, creating strife among co-owners. And it becomes hard, if not impossible, to solve major disagreements when you’re in the midst of a disagreement with co-owners. […]
The decision to exit can be daunting for a business owner who has put years of hard work into their company. They may be unsure of their next steps, where to look for help, and how to navigate the complexities of the process. This is where M&A Advisors come in. What exactly is an […]
Planning for a successful future can seem like an event—a thing you do in the course of business. However, in many cases, this planning is much more like a relationship: with your loved ones who rely on you, with your employees, and with your advisors. When fostered, it can be one of the most fulfilling […]
A common tragedy for business owners is facing a life-changing event, such as a sudden death or illness that devastates the business, without a plan. While these events may seem uncontrollable in the moment, the good news is that with foresight and planning, you can regain control over what seems uncontrollable. Let’s look at a […]
One of the biggest changes your business will inevitably experience is a transfer of responsibilities. Transferring important responsibilities to someone else can be exciting and nerve-wracking. Whether you’re transferring ownership to a family member, or departmental responsibilities to a long-time employee or next-level manager, you may want release valves for if things don’t go as […]
The dealmaking landscape continues to be overshadowed by uncertainty. Major bank failures, the Russia-Ukraine war, high interest rates, and the continued rise in inflation have dwindled and caused a slowdown in M&A deals. The total value and overall number of deals announced in the first quarter of 2023 were lower than any recorded in 2022. […]
