We spoke with 10 business owners who shared the most important characteristics of successful businesses. Creator: Sammi Caramela , Contributor By: Alan Horwitz From having a unique value to to empowering employees, there are several characteristics that are common among successful businesses. — Getty Images/pixdeluxe Entrepreneurship is a difficult yet rewarding career path regardless of the industry....
The Premier Networking Event for Cleaners- Link Click Here By Samuel Baird Register for Encapalooza Request Info https://www.youtube.com/embed/5O5FL1hxtfY Encapalooza is quickly becoming the ‘go-to’ event for the cleaning industry. Carpet cleaners, janitorial & commercial cleaners and more will be in attendance with the common goal to learn, grow and share. This is an amazing opportunity to...
By Tim Canale – Senior Mergers & Acquisitions Advisors A common misconception about business brokers and M&A advisors is that we only help owners find a buyer for their business. 3 major benefits of using Sunbelt when you already have a buyer: 1. Avoid your buyer dragging their feet and controlling the deal. 2. Negotiate ideal...
By Alan Horwitz – Senior Mergers & Acquisitions Advisors Importance of Exit Planning for NV Baby Boomer Business Owners The baby boomer generation in Nevada is reaching a significant transition point as they prepare for retirement. A wave of baby boomer entrepreneurs will soon be seeking the best path to ensure the future success of their...
By Dennis Wallace– Mergers & Acquisitions Advisors A successful business sale requires targeting the appropriate buyer. That is one of the key responsibilities of business brokers and M&A advisors, and it’s done through decades of experience, building deep relationships with potential buyers. Who is the likely buyer of your business? Source: IBBA Q3 Market Pulse Report Approaching...
By: Rachel Burns (Read Blog Here) Being your own boss can be challenging -- but it can also be incredibly rewarding. Here are 5 benefits of being an entrepreneur and starting your own business. Starting your own business and being your own boss can be a pretty tempting idea, especially if you're trying to escape...
By Jens Kengelbach, Georg Keienburg, Tobias Söllner, Dominik Degen, Sönke Sievers, Daniel Friedman, and Lianne Pot What does it take to succeed in M&A? For the past two decades, BCG’s annual M&A reports have explored the answers to this question. Since launching the series in 2003, we have covered a number of areas of new ground. Recent themes include the rise of tech...
By, Dan Elliott Buying an existing business with an established customer base, sales, financial history, supply chain, website, trained employees and many other attributes can actually generate a stronger foundation to grow much faster than a ground zero start-up could. Taking a business from $500K in sales to $1 million in sales is probably much...
By, RAINCATCHER Link, Updated: June, 2023 The COVID-19 pandemic has made business management more challenging. As McKinsey points out, businesses must be leaner and respond to change faster. Success requires resilience, and the ability to pivot when circumstances change. The pandemic has also made selling a business more complicated. Companies in many industries have changed their business models...
EXCERPTS FROM THE BOOK SELLING A BUSINESS FOR DUMMIES, WRITTEN BY BARBARA FINDLAY SCHENCK AND JOHN DAVIES, CEO OF SUNBELT 5 January 2023, in Seller Resources, Business Owner, by 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...
