It’s essential to have a clear idea of the value of your company. Otherwise, it can interfere with everything from exit planning to strategic growth. That’s why so many business owners opt for professional business valuation services. Unfortunately, those with…
Do you truly know the value of your business? Quite often businesspeople assume that this information would only be necessary if they were seeking to sell their business in the near future. The truth is that whether you’re deciding on…
Inventory turns, also known as inventory turnover or stock turnover, are a critical financial metric that measures how quickly a business sells its inventory within a given period. It is calculated by dividing the cost of goods sold (COGS) by…
Selling a business is a significant endeavor that requires careful planning and expert guidance. When navigating the complexities of this process, many entrepreneurs find themselves torn between seeking assistance from either a business broker or a real estate agent. While…
Interest rates play a vital role in the commercial real estate and construction industry. These rates affect various aspects of commercial real estate, including investment, development, and financing. The ups and downs of interest rates can significantly impact real estate…
No matter what industry you might be involved in, it’s almost impossible to avoid the news about the supply chain in recent years. For those involved in transportation and logistics, issues involved with everything from staff and equipment shortages to…
All business owners dream of building a successful company to generate revenue and establish their legacy. However, many entrepreneurs don’t plan for the day they will ultimately exit their business. Whether it’s due to retirement, health issues, or simply wanting…
If you’re a business owner in the construction industry planning to sell their company, there are some essential tips to remember. As experts in buying and selling businesses across various sectors, we have identified five critical tips to help ensure…
In order to understand convenience stores, it’s important to understand the cigarette market. If you are a convenience store owner, you already likely know that cigarette sales and the popularity of convenience stores is connected. However, in recent years, sales…
We can’t overemphasize the importance of confidentiality when you’re selling a business. It is essential every step of the way, from the first conversation with your M&A advisor all the way to closing. If confidentiality is breached, it can lead…
When people get ready to sell their businesses, there is a natural inclination to talk up their business to make it seem attractive in the eyes of the buyers. Whether a seller has been preparing to sell their business for…
It should come as no surprise that when it comes to getting a business ready for sale, accurate financials are key. At Creative Business Services/CBS-Global, we recommend at least five years of financials. This will allow us to provide an…