Blogs
Create a Cash Flow Safety Net for Your Business
One of the lessons that we learned from March 2020 was that far too many businesses were running without a cash flow safety net.
Kia’s New Logo and the Search for “KN Car”
At the beginning of 2021 Kia launched a new logo as part of a brand refresh. There are still thousands of searches for “KN Car” each month.
Book Club #33: Atomic Habits by James Clear
Habits are powerful tools for your personal and professional development. That’s why there are so many books devoted to them.
Case Study #75: Riding the Sports Gambling Wave
When Kyle Scott started Philadelphia sports blog CrossingBroad in 2009 he was simply trying to stand out by being a bit more edgy.
Seller Financing: What Buyers and Sellers Should Know
As interest rates rise, more clients will be looking at seller financing as part of a transaction, rather than a traditional SBA loan.
What Size Business Do You Need?
Buying a business requires you to dive deeper to find out what size business you need to pay your bills while you build it and grow it.
Depreciation Recapture: Plan and Prepare
Definition: Depreciation recapture is the monetary gain from the sale of an asset at the ordinary income tax rate.
Book Club #32: Built to Last: Successful Habits of Visionary Companies, by Jim Collins and Jerry I. Porras
Built to Last: It’s one thing to make a company great, but to make a visionary one that lasts for generations is an enduring accomplishment.
Case Study #74: When the Market Changes, Pivot
When Jaclyn Johnson had a $40M all-cash deal for her events company, Create & Cultivate, implode at the 11th hour, she didn’t fall apart. She took the lessons she learned to get an 8-figure exit just a couple years later.
What Brokers Don’t Do
While we do take pride in providing our customers with peace of mind in a business transaction, there are limits to what we can do.
Book Club #31: Good to Great: Why Some Companies Make the Leap and Others Don’t, by Jim Collins
From having the right people on the bus, to being a hedgehog, this book club review of Good to Great should be helpful!
Case Study #73: Local Meat Delivery Peaks at the Right Time
truLOCAL was acquired in 2020 for an eight-figure sum. Not bad. The owners bootstrapped the business with $40,000 of their own money to start.
How to Navigate an Unsolicited Buy Offer for Your Business
Unsolicited offers for businesses are made every day.This article will help you do a bit of preparing for what happens if you get that call.
Deal Fatigue: Causes and Solutions
Deal fatigue is defined as negative feelings around a transaction that, in the worst case, can lead to the deal blowing up or not happening.
Taxes, Your Business, and Moving
One of the news stories we continue to see is businesses deciding to move for better business and tax conditions.
Case Study #72: Cleaning Up in Style: Ron Holt’s Exit of Two Maids and a Mop
An industry that looked broken to Ron was residential cleaning. He saw a fragmented landscape with lots of mom and pop operators.
3 Reasons Your Business Should Take Cybersecurity Seriously
When it comes to cybersecurity, you should take the time to make sure your business is secure… or you might end up losing it entirely.
Red Team Your Business
There’s no reason to limit the red team concept to security only. Why not red team your business as a whole?
Hybrid Work’s Moment
We’ve talked about the rise of remote work. Hybrid work has emerged as a compromise of the moment. But can it last?
Know the Value of Your Business Early On
We advocate a professional valuation as a first step in listing a business but owners should do an informal evaluation years before.