Your kids (millennials) don´t want your business, they want your money
A business owner should understand and accept that his or her children may want to pursue different careers rather than following in their footsteps. Sometimes, it is the owner who realizes their children are not prepared to assume the responsibilities of running a business. In such cases, it is better to encourage them to find […]
Save your business and your family
When family conflicts threaten the future of a business Upon advice from the board, the Thomson family decided to put their company up for sale. “If we don’t sell the company we will destroy it as well as our family”. M.E Elevators Ltd. was a manufacturer of overhead travelling cranes that was experiencing a constant […]
Do you have a reason to sell your company?
Deciding whether or not to sell a business is one of the most important decisions a business owner will make, professionally and personally. We want to find out what your reason is and what motivates you to make the leap and commit to selling your business. If you would like to know more about others […]
Do the daily challenges of the business energize you?
Business ownership requires a person with an abundance of energy. If you no longer feel a challenge, nor excitement, then you might want to consider selling your business. In a highly competitive business world like today’s, a company can rapidly deteriorate without the dedication from its owner. The necessary amount is no longer invested, it […]
The 10 most common mistakes when selling a company
You have made it to this point. You are planning to sell your company but you don’t know how to go about it. The buying and selling of companies is a complicated process where you can easily trip over obstacles that could result in the failure of the operation. In order to avoid this, within […]
8 key ways to maximise your price
In selling a company, the owners gamble the accumulation of all the value created over many years. In this way a huge amount of wealth can either be created or destroyed. For this reason, it is extremely useful to understand the 8 key ways of maximising the selling price of the company. Take advantage of […]
Blind Teaser: the best ‘shop window’ for your company
When you walk along the street, what makes you go into a shop? Or rather, what does a shop window need to have for you to stop in front of it? These are two questions that interior designers ought to consider when creating their ‘giant windows’. M&A advisors go through a similar process in the […]
Many M&A “advisors” are not effective
It is normal for a business owner who thinks about selling his company to be afraid of hiring advisors. It is a key decision, there is a lot on the line, and many things are going through his head: “Are they really going to fight for my best interest?Do they really have a large enough […]
Succeed selling your company
Any businessman thinking of selling his company should start preparing one or two years in advance. This way, we have more time to improve its value, make it more attractive, interest more buyers, increase our chances of success, remove obstacles, and minimize the fiscal impact and economic consequences of the sale. When you want to sell a […]
Save the family… and the business
Many companies die because of differences in management between family members. Sometimes, the founding brothers are no longer around and their sons (now cousins) disagree about the management of the company. In other cases it is the owner who foresees future conflicts between his sons and chooses to sell the company in order to preserve family […]