EXCERPTS FROM THE BOOK SELLING A BUSINESS FOR DUMMIES, WRITTEN BY BARBARA FINDLAY SCHENCK AND JOHN DAVIES, CEO OF SUNBELT To paraphrase Paul Simon, you have nearly fifty ways to leave your business, and selling comprises seven of them. Your selling options range from the obvious cut-all-the-strings approach by selling your business outright to selling off a...
Alan Horwitz of Sunbelt Business Advisors is one of the highest producing business brokers in Las Vegas. Horwitz appeared as a guest this week on Before You Buy or Sell a Business Podcast with Jared W Johnson. They discussed why finding the right broker is essential, and why all brokers are not created equal.
You’re buying a business and have already “shook hands” on the deal. But there are some things you should insist on before you close. Negotiate a “letter of intent”: An LOI is a short agreement between the parties that spells out all the important terms and conditions of the sale. It will include the purchase price,...
LAS VEGAS – Oct 27, 2022 – Sam Baird, managing director at Sunbelt Business Advisors of Las Vegas, today announced the addition of John Lee and Dennis Wallace as Business Brokers. “We are pleased to be able to add John Lee and Dennis Wallace to our team,” said Baird. “They will be bringing expert knowledge...
Still a Seller’s Market for Business Owners Looking to Exit? By Chris Jones, President, Sunbelt Business Advisors The markets just closed out the worst week since the pandemic. Inflation is at a 40-year high, prompting the Federal Reserve to raise rates by 75 basis points. Further rate increases are expected in 2022 as the Fed...
You’ve signed non-disclosure agreements, read many confidential business profiles and narrowed it down to several businesses you like. You’ve reviewed the Seller’s Discretionary Earnings worksheet and perhaps you’ve even had a buyer/seller meeting. The business is a good fit for your transferable experience and skills, and you understand how to grow it. The next step is...
Blog adapted from sunbeltmidwest.com You’re buying a business and have already “shook hands” on the deal. But there are some things you should insist on before you close. 1. Negotiate a “letter of intent”: An LOI is a short agreement between the parties that spells out all the important terms and conditions of the sale. It...
By Randy Krivo, Licensed Business Broker, Sunbelt Business Advisors and M&A Advisor, True North Mergers & Acquisitions As a business broker, I have met with countless buyers over the years and most of them narrow their search to businesses that are in industries in which they have past experience. In some instances, that’s the right...
For the 100th Episode of #PoisedForExit, Lisa Meyer, advisor with Sunbelt, was invited to interview a client of hers, who’s growth strategy has been to acquire other companies in his industry. He’s got a system for that, and a strategy that works. Jeff Rahn, President of On Time Service Pros began his career as an employee and he worked his...
By Ben Utecht, Super Bowl Champion, Chief Culture Officer for Sunbelt Business Advisors In 2021, 6.1 million viewers tuned into the NFL Draft. Why? Because with a Super Bowl win hanging in the balance, everyone knows recruiting the right players is critical to producing a winning team. Companies, corporations, schools, and non-profits also recruit, or...
