Navigating the ups and downs of emotions when selling your business
When you decide to sell your business, it’s not a money deal. It’s a journey of emotions, with ups and downs, like riding a roller coaster. I’ve been there, for...
When you decide to sell your business, it’s not a money deal. It’s a journey of emotions, with ups and downs, like riding a roller coaster. I’ve been there, for...
For most business owners, selling a business is probably one among the most important financial decisions. Nevertheless, there are a number of slippages along the...
One of the most critical aspects of preparing to sell your business is gathering the proper documentation. As a business growth advisor, I often encounter clients...
When selling a business, accurately presenting its profitability is key to maximizing value for potential buyers. One way to do this is through recasting...
Selling a business in Louisiana is a monumental decision that requires careful planning and an understanding of who the ideal buyer should be. To maximize the value of your company, it’s essential to focus on identifying strategic buyers—those who can leverage synergies between their existing business and yours. With guidance from a Business Growth Advisor or Business Growth Consultant, you can ensure that you’re not only selling your business but also optimizing its value.
When it comes to selling a business, many owners in Louisiana turn to business brokers to navigate the complexities of the transaction. A business broker in...
Selling a family business is a significant decision that requires careful planning and execution. Here are six key steps to ensure a successful sale.
When valuing a business, it’s important to understand that the process varies significantly depending on the size and type of the business. For businesses with under $5 million in revenue, often referred to as Main Street businesses, the valuation typically relies on a market-driven approach. However, as businesses grow, especially those in the lower Middle Market with revenues ranging from $5 million to $150 million, the valuation methodology becomes more sophisticated, often utilizing a discounted cash flow approach.
Family businesses hold a unique place in the economic landscape, often embodying the hard work, dedication, and values of generations. Deciding whether to sell or keep your family business is one of the most significant decisions you will face. This decision can be driven by numerous factors, including market conditions, family dynamics, and personal goals. Here, we explore the key considerations to help you determine the right course of action.
Starting a business is often the culmination of a dream, a vision brought to life through hard work and dedication. However, as important as it is to focus on the beginning of this journey, planning your exit strategy is equally crucial. A well-thought-out exit plan ensures that you maximize the value of your business, secure your financial future, and leave a lasting legacy.