Episode 27 – The Dangers of Information Leaks
This week’s episode of the Apex Business Advisors Podcast discusses the fallout and dangers of employees learning prematurely about the impending sale of a business.
This week’s episode of the Apex Business Advisors Podcast discusses the fallout and dangers of employees learning prematurely about the impending sale of a business.
We recently discussed a business that had multiple buyer-seller meeting requests and offers. Today, Doug and Andy discuss why the asking price is the ceiling. Doug shares some lessons learned from his early days that resulted in mistrust between brokers, buyers, and sellers, ultimately leading to the policy at Apex.
Are you considering selling your business? Are you considering entering the world of entrepreneurship? If so, please get in touch for a FREE consultation. The best way to learn about us is at our website, which includes connecting Doug, Andy, or the rest of the Apex Team.
In this week’s Apex Business Advisors Podcast episode, Andy and Doug discuss how science and art combine to price a business. They discuss the various sources used for comps (science) and bring back the value drivers and discounters (art) discussion on how ultimately a business gets listed in the market.
Are you considering selling your business? Are you considering entering the world of entrepreneurship? If so, please get in touch for a FREE consultation. The best way to learn about us is at our website, which includes connecting Doug, Andy, or the rest of the Apex Team.
On today’s episode, Andy shares a story about a deal that had more twists and turns than your favorite roller coaster.
Our Brokers presented four businesses in the weekly Broker Meeting a few weeks ago. Three went under contract before the week was out. Today, Andy and Doug discuss Doug’s listing that had 8 Buyer-Seller Meetings before taking no more meetings. Hear the characteristics of the business and what it took for the Buyer to be selected.
Last week, Andy and Doug talked about Value Drivers. This week they are flipping the conversation to talk about how those same things that can drive value, if not done correctly, can ultimately discount the value of the business potentially to the point of Zero.
In this week’s episode, Andy and Doug discuss the characteristics that drive value when selling a business. They touch on the importance of industry, location, organization, and financial records and how they impact the amount you can command for your business.
One of the most common calls we get from buyers is looking for an absentee owner business. Today, Andy and Doug discuss the pitfalls to avoid when seeking an absentee-owned and operated business.
On this episode of the Apex Business Advisors podcast, we talk about Non-Compete agreements. Our topics include the reason for a non-compete, what makes a good non-compete agreement, reasons why we won’t work with a seller that won’t sign one, and our favorite geographical markings.
On this episode of the Apex Business Advisors Podcast, Andy and Doug discuss strategies and tactics for a new owner’s first days. They share stories of owners that made “minor” changes that resulted in massive consequences. A must-listen for anyone contemplating buying a business.
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