As a Business Intermediary, this aspect of the process can be the most challenging. For a business owner, the business is usually the most valuable and important asset they own, not to mention the business owner is emotionally attached to it too. A potential buyer’s perspective of business value is generally quite different. As a […]
Stop by our booth at the Wisconsin Marine Association Conference and Expo at the Holiday Inn in Wausau/Rothschild November 14 & 15 and visit with Mike Schwantes and Ryan Pankratz.
A recent article posted on Forbes.com entitled “Small Business Owners Are Retiring, And Millennials May Not Fill The Gap On America’s Main Street” uses the closing of a 235-year-old hardware store to prove a startling fact: the Millennial generation may not be suited to take over small business ownership like the generations before them. In […]
The article, Mistakes to Avoid When Working With Buyers & Sellers, takes into account your team consisting of your Broker, Business Attorney, and CPA Accountant. The Buyer and Seller should also have some knowledge of the process and factors involved in the buy/sell process. Being educated and prepared on the front end is helpful once […]
If you are unfamiliar with CSR or corporate social responsibility, you are certainly not alone. In the coming years, you’ll be hearing a lot about CSR. In this article, we’ll look at CSR and how, when implemented with sincerity, it can positively impact your company and its operation. Building Your CSR Locally One of the […]
There is some real contrast with the phrase “need for change and the need for stability”. Business owners are fighting this dichotomy daily with decisions, strategies and personnel choices they make to survive in their industries. With change or with steadiness the business owner is always being openly viewed by customers, suppliers, and employees all […]
The saying “loose lips sink ships,” doesn’t have ancient origins. While it sounds like one of those sayings that has been around forever, the saying was actually invented during World War II. It was taken quite literally. The idea was that a lack of secrecy could lead to the loses of actual ships or other […]
A hands-on owner who has “lived the business” 60 and 70 hours a week for decades often has a very difficult time letting go, even though, in his or her mind, it’s time to sell the company. I am currently working with an owner who I’ve been in contact with for over four years. During […]
Gary Van Sistine, Josh Phillips, John Foster and Mike Van attended the Manufacturing First Expo. If you have questions on buying or selling give us a call!
If you own a business, then ownership transition should definitely be a central topic in your planning. A few years ago, MassMutual Life Insurance Company conducted a very interesting and thought-provoking survey of family-owned businesses. Obviously, family-owned businesses have their own unique needs and challenges. The MassMutual Life Insurance Company survey certainly underscored this fact. […]