For most business owners, having an appraisal done is something they’ll only experience once…maybe twice…in their entire lives. Unless you’ve bought and sold several businesses, it’s not something you’re likely to have a lot of experience with.
So how do you know what to look for in an appraisal firm? We’re here to help you with some valuable information so you can search with confidence and partner with a firm that’s a great fit for your situation.
It is no secret that inflation and its ripple effects are sweeping across our nation with no signs of stopping anytime soon. The cost of everything in our day-to-day lives has skyrocketed, and the costs associated with running our businesses are no different.
In an effort to slow the impact of the current inflationary climate, the U.S. Federal Reserve Bank (the “Fed”) has moved to increase interest rates for the first time in 4 years (with additional rate hikes expected well into 2023). Is there a connection between rising interest rates and the value of your business?
We believe there is, and it’s in your best interest to pay attention to the rates of interest!
Selling a business that you have either built from the ground up or spent considerable time growing to what it is today is challenging and overwhelming.
First of all, you’re handing someone else the keys to something that you are deeply connected to. And most likely, it will be a total stranger. That can create quite a bit of anxiety!
On top of that, there are a lot of hoops to jump through. Selling a business isn’t as easy as listing a lawnmower on Facebook Marketplace. There are valuations to be done, financial reports to be compiled, buyers to vet, and more.
Now that we are well into the 1st quarter of 2022–and the numbers from 2021 are in–we can take an objective look back at last year’s M&A activity.
A report from GF Data released just this month gives us a good overview of what happened in 2021 and what we might be able to expect from M&A deals this year. GF Data is a reliable source that we frequently go to for information on middle-market transactions in the $10-250 million range. Their insights help us serve you better, so let’s take a look!
For thousands of years, people have entered into business arrangements. And for just as long, many of those arrangements have gone bad at some point.
That’s why buy-sell agreements exist.