Case Study #2: What to Be Aware of in an Earnout

Feb 27, 2017 | Case Studies

In 2012 Jason Swenk sold his digital advertising agency, Solar Velocity. Solar velocity helped with websites and web applications for brands like Aflac, Coke, and LegalZoom. At the time, he took 50% of the sale in upfront cash and took the remainder in a 50% earnout....

Extreme Ownership: Apply This Technique Today To Improve Your Business

Feb 21, 2017 | Build A Better Business

The concept of “Extreme Ownership” was coined by former Navy SEAL Jocko Willink. Jocko spent 20 years in the SEALs and retired in 2010 after serving as the commander of a SEAL Task Unit in Iraq. Origin of the term During an operation in which he was the commander,...

3 Reasons You Won’t Be Able To Sell Your Business

Feb 15, 2017 | Prep Your Business For Sale

There are many reasons why you might not be able to sell your business, but today we want to focus on three in particular. Think of them as the ghosts of business past, present, and future. 1.The Ghost of Business Past: You have a lopsided company Now, many businesses...

Business Sale Book Club #1: Beyond the E-Myth, by Michael Gerber

Feb 1, 2017 | Book Club

Business Sale Book Club is a new series here at the APEX blog.  We review books you should read in preparation to buy or sell a business, as well as how to build a company to sell one day.  The first one in our series comes from the man who popularized the term, “Work...

Case Study #1: Build, Acquire, Roll-up, and Sell Out

Jan 25, 2017 | Case Studies

Case Studies is a new series here at the APEX blog.  We study business exits and break down a few key points for you to keep in mind.  This month’s selection comes from the sale of Appletree Answers. How it started John Ratliff started Appletree Answers in 1995 in a...