Over the past few years, turmoil in the global market and considerable impacts of COVID-19 shutdowns have created two distinct groups of business owners: those who have successfully transitioned their business to new ownership and those that wish they had started sooner. Rarely do we hear of an owner who believes they transitioned too soon. […]
The Risks of Waiting Too Long to Sell Your Business Read More »
Our firm has recently experienced a flurry of business owners considering the possibility of selling and many are already going down the path with a key employee or other interested party. Experience has shown us that although this appears to be a straightforward solution, especially for owners looking to retire, there are many different obstacles
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Business Acquisition in a Down Market Our firm continues to have daily conversations with both sellers and buyers on how the latest market conditions impact transactions of privately held businesses. Many owners are questioning whether it is a good time to sell as some watch their retirement accounts take a turn for the worse with
Several of our team members attended the IBBA/M&A Source Conference held in Denver last week. It had been many years since this semi-annual international conference was held in Colorado. While the pandemic caused cancellations and light attendance over the last couple of years, it was wonderful to see this event returning back to pre-pandemic levels
Key Takeaways from the IBBA/M&A Source Conference Read More »
Our firm’s substantial increase in closings compared to previous years indicates that the M&A market remains active and healthy. Even though good businesses are still in short supply, buyers remain motivated and tend to move quickly when they find the right match. In this process, many buyers are starting to ask owner(s) to be more
Our firm continues to work with more and more industry buyers who are very active in today’s M&A market. In many cases, these buyers are in the same industry looking to acquire a business in Colorado or in a nearby geographic market. While working with industry buyers can help increase the market price of a business, there are disadvantages as well. Below
Over this past year, our firm is seeing an increase in owners who need to sell quickly but they have not put the necessary time and effort into preparing their business to sell. Though risky, some have decided to go at it on their own or have only had general conversations with their accountants or
Below are 3 aspects to consider and avoid when selling a business. 1) Advertising Too Early While there are many reasons to start advertising a business as soon as possible (especially to take advantage of the high buyer activity seasons like at the first of the year), we constantly see businesses advertised too soon. When
Will 2022 Be a Good Year For Selling A Business? As many start to plan for next year, there are several important factors to consider for those owners looking to sell their business in 2022. While these past few years have been anything but normal, the following three key traditional factors in selling a
Will 2022 Be a Good Year for Selling a Business? Read More »
Our firm’s team of M&A advisors continually strive to improve our understanding of current market conditions and the latest industry trends. In mid-October, the M&A Source (www.masource.org) held their annual conference in Houston, Texas. Due to the pandemic, it had been two years since the last in-person event was held so this was
