July 17, 2024 12:00 am
Published by Chris Spratling
Succession planning is a vital component of business strategy that often gains heightened significance when contemplating the sale of a business. While the sale itself is a significant milestone, the process of preparing for new ownership involves careful consideration of... Read more
July 10, 2024 12:00 am
Published by Chris Spratling
Deciding to sell a business is a significant and often complex decision that involves strategic planning, meticulous execution, and careful consideration of various stakeholders. One critical aspect of this process is deciding when and how to communicate the decision to... Read more
July 3, 2024 12:00 am
Published by Chris Spratling
Approximately 10-20% of business owners receive unsolicited offers for their businesses. Interestingly, a significant portion, around 30%, opt to sell to someone they already know. These 2 statistics underscore the importance of being vigilant and prepared for potential acquisition opportunities,... Read more
June 26, 2024 12:00 am
Published by Chris Spratling
Selling a business is a significant undertaking that requires careful planning, strategic decision-making, and attention to detail. While the process can be complex, avoiding common pitfalls is essential to ensure a successful and lucrative sale. Over the years I’ve witnessed... Read more
June 19, 2024 12:00 am
Published by Chris Spratling
Selling a business is a complex process that often involves various considerations, including the structure of the deal. In some transactions, sellers may encounter deferred or contingent consideration, where a portion of the sale proceeds is dependent on future events... Read more
June 12, 2024 12:00 am
Published by Chris Spratling
When contemplating the sale of a business, one crucial decision that owners face is whether to pursue a partial sale or opt for a complete exit by selling 100% of their business. Each option comes with its own set of... Read more
June 5, 2024 12:00 am
Published by Chris Spratling
Selling a business is a significant decision that involves a complex interplay of financial, strategic, and emotional factors. As a business owner, avoiding seller’s remorse is crucial for a smooth transition and a positive post-sale experience. Most business owners only... Read more
May 29, 2024 12:00 am
Published by Chris Spratling
It’s funny what you attract, but over recent years we’ve found ourselves helping a number of family run businesses with multiple generations within them. Transferring ownership of a family business to the next generation is a significant decision that requires... Read more
May 22, 2024 12:00 am
Published by Chris Spratling
When selling a business, the well-being of your dedicated staff should remain a top priority. Handing over the reins to new owners doesn’t mean abandoning the responsibility you have for the individuals who have contributed to the success of your... Read more
May 15, 2024 12:00 am
Published by Chris Spratling
In the intricate world of business transactions, the strategy of acquiring another business before selling your own can be a powerful and strategic move. This dual approach presents a range of benefits for business owners, unlocking opportunities for growth, synergy,... Read more