Be Certain of Selling Motivations

What reasons might you have to sell your business? Do your motivations change from day to day or week to week? Having a clear understanding of what is driving your interest to sell is critically important for you AND your advisors. A proper marketing strategy depends...

Best Time to Buy a Business?

Recent activity in our business is proving very profitable for buyers. They have found gems that others passed on. Any decent financial advisor will tell you that it is important to keep invested in a down market and even purchase as much as you can when the market is...

Small Business Confidence

The Midwest hasn’t been known as being on the cutting edge or being the leading indicator. However, there are positive signs of stability and growth in our world that might be lagging elsewhere. (Maybe it’s the press that keeps some people looking at the glass as...

Cash Flow is King

It’s great being part of the entrepreneurial community in Kansas City where there are many great formats for meeting professionals in accounting, law, financial services, etc. One local group had a terrific networking lunch and learn.  If you weren’t able to attend...

Sell a Business to Cover Retirement?

“Don’t count on it” according to a recent article in the NYTimes. Not unless you have done some essential planning in advance. Here is what you need to do: Consistently set aside retirement savings. Choose the proper type of instruments for your investable assets....

Pricing a Business

What do sellers want when they sell their business? The best possible price of course (in cash)! The seller wants to be compensated for all their years of hard work developing a strong business. But what is the true value of the business? The company may have...