In my many discussions with business owners discussing the possibility of selling their business due to burnout it was found that few will actually use the term burnout. They may come across with statements such as: Their age is mentioned They need to find more time for themselves and/or family A medical condition with themselves […]
As a business broker, I know it’s important to be at many places where you can network, and it’s especially important to attend events that are designated as networking events. This is where everyone in the room is eager to find out what YOU do and also tell you everything about what THEY do. It’s […]
It’s many a business owner’s dream, “Someday my son (or daughter) will own all this.” Wanting a child or other family member to take over your company is a lovely idea, but it should come with much fore-thought and sincere preparation. Without many conversations between the owner and the “heir apparent,” without an understanding on […]
Listen to Just The Facts
When a perspective buyer invests weeks or months of time and often money in his attempt to purchase a company, the last thing he wants to hear from the broker is, “They’ve accepted another offer.” The road toward potential ownership is not for the faint of heart. After researching a variety of companies, finding the […]
Looking to sell your business?? In today’s show, Just the Facts, I look at ways to increase the value of your business BEFORE you list it for sale.
Sometimes business brokers come across unusual “bumps in the road” when working with sellers and buyers and need to look for answers in places they never have before. A listing I am working on now – former Multi Tech location in Prentice, WI – includes 45,000 sf of currently vacant, ready-to-move-into buildings with 10 acres […]
Located in the heart of Sheboygan, just five blocks from Lake Michigan, Al & Al’s is one of the original “supper clubs” in the state. Al & Al’s is also home to the original Oktoberfest in Sheboygan, serving over 2,000 guests with over 50 barrels of beer in just that weekend alone. The impressive tavern, […]
The outlook for boomers selling their business isn’t necessarily good..…unless they start planning their exit NOW. These details as well as an update in M&A statistics and details are discussed in my weekly radio show, “JUST THE FACTS”.
$175,000 Denmark, WI (Brown County) With over 32 years in business, Gilson Agri-Products has established itself as a local household staple in the liquid fertilizer spreading industry. The company specializes in lawn care fertilizing along with agricultural/farm application. An ambitious buyer with adequate storage could significantly increase income by adding dry fertilizer to the product […]