There are numerous reasons for buying a business, one of which being to create and manage your own wealth. We at Piedmont M&A Advisors recognize that the true impact of business ownership goes beyond the bottom line. This article unpacks some of the most important considerations for you when buying a business. Because business ownership […]
Selling your business is a major life decision. There are many steps involved for a successful sale, regardless of the worth of your business. Most all business owners experience similar processes while making the decision to sell. Business owners are often surprised to learn of the various expenses involved with selling. The selling process should […]
Last month, our blog post focused on the first of two important considerations when selling your business. We looked at determining the personal goals you have in mind after the sale and how these desires will affect the process of the sale. This month, we will shift to a complementary objective – the financial goals […]
Over the next couple of blog posts, we will focus on two very important factors in selling your business. Before a business owner begins to offer the business for sale, we suggest taking steps to define your personal and financial goals from the transaction. Knowledge of these two key decisions will affect many aspects of […]
Know How Your Business Compares to Its Competitors Especially in this era of COVID-19, when belts are tightened and entire industries are challenged, it is imperative to generate and analyze an accurate comparison between your business and your competition. But, how can this be done in times such as this? As we’ve covered previously, COVID-19 […]
Reduce Customer Concentration to Improve the Appeal of Your Business Our blog last month focused on the importance of leadership succession when positioning your business for continued success after a sale. We hope you have given this matter some thought over the past month, and we invite you to contact us at any time with […]
Preparing for a Sale as we Move Through and Past COVID-19 Eventually, every business owner begins to consider exiting their business. A successful exit strategy has many parts, each crucial to ensuring you and the business leave the process with your desired outcome. Like many, you are probably wondering how COVID-19 affects your exit strategy. […]
Determine the Value of Your Business with 5 Essential Questions Sooner or later, every business owner will exit their business. When an owner begins to consider this, the first question that comes to mind is likely “what is my business worth?” As you plan your exit, your top priorities are to ensure business continuity […]
5 Must-Haves to Sell Your Business Selling a business is unfamiliar territory for most business owners. The process of selling what is likely your life’s work is a significant, life changing event and the outcome of the transaction will affect you financially and emotionally. Having a plan for your exit is absolutely essential. Not only […]
4 Discussion Points for your End-of-Year Advisory Team Meeting If you’re a business owner preparing for a 2020 transaction, an end-of-year business reflection is one of the most beneficial activities you can complete with your advisory team. Meticulous planning is crucial when it comes to selling your business, and the end of the year […]
