When you decide it is time to exit your business, the top question on your mind is likely to be, “How much can I sell the company for?” Most owners enter the sale process with a figure in mind. Maybe you read about a recent deal for a similar business or heard rumors...
You may have heard the term “business valuation” in the context of selling a company. But a business valuation is much more than a tool to assess how much a buyer might pay for the company you have spent years building. At any stage of your business’ lifecycle, a...
This article was originally published on February 3, 2022 on the I-95 Business website. In order to maximize the value of your company, it is imperative to attract, retain, incentivize and reward mission-critical employees. Talent is scarce and traditional...
When you decide to sell your business, you might have a dollar figure in mind before you even begin the process. Maybe you have heard of other businesses that sold for a certain multiple of revenue and you assume you can do the same. However, revenue is not the only...
Special thanks to Jeff Ostenso, CEO of Ironmark, Mac Tisdale, President of the Mid-Atlantic Region for First National Bank, and Don Charlton, a Partner with Argosy Private Equity for their strategic input on this article. For any business owner, there will eventually...
After spending years building a successful business, at some point it is likely you will feel it is time to sell and move onto the next chapter of your life. While selling your company can be financially and personally rewarding, it is a time-consuming, rigorous...
