Speaking from experience: the necessary factors to sell a business
By Dave Driscoll For more than 12 years, I have been in the business of helping owners sell their business and move on to their life beyond business.™ As a business broker, I have been fortunate to have many owners place their trust in my experience and skills as a seasoned business owner and I […]
Planned Retirement vs. Burnout: The difference to your finances will be significant
If you don’t plan BEFORE you’re ready to retire, you are sacrificing business value By Dave Driscoll In a recent Market Pulse Survey published by the International Business Brokers Association (IBBA), M&A Source and the Pepperdine Private Capital Market Project found that retirement is the number one reason that sellers put their businesses on the market. That’s not surprising given the “baby […]
What are SDE and EBITDA? What’s the difference?
What is my business worth? This is a common question from small-business owners considering selling a business. The basis of all business valuations revolves around two terms: SDE and EBITDA. SDE = seller’s discretionary earnings EBITDA= earnings before interest, taxes, depreciation and amortization How are SDE and EBITDA calculated, and what is the difference? SDE […]
What are SDE and EBITDA? What's the difference?
What is my business worth? This is a common question from small-business owners considering selling a business. The basis of all business valuations revolves around two terms: SDE and EBITDA. SDE = seller’s discretionary earnings EBITDA= earnings before interest, taxes, depreciation and amortization How are SDE and EBITDA calculated, and what is the difference? SDE […]
Corporate Hygiene will help Sell your Business
How can good Corporate Hygiene help sell your business? Merriam-Webster defines hygiene as “the things that you do to keep yourself and your surroundings clean in order to maintain good health.” Apply that definition to your business and you will build greater value for it when you are eventually ready to exit. What is business […]
Why hire a Business Broker?
Why Hire A Business Broker? Business owners, by the nature of their role, have very little experience with business brokers or M&A advisers. Most owners have the opportunity to sell one business, or maybe two, in their careers. Seasoned owners that have relied on their own devices, sometimes ask, “Why should I hire a business […]
How can you increase your business’ value drivers?
What can you do to increase your Business Value? When it’s time to sell the business, value drivers determine the value of the business and impact the desirability and risk for a potential buyer. Great! But what does that mean? Okay. Let’s look at why and how much “value drivers” influence the selling or buying […]
Why do Business Owners Sell?
Deciding to sell a business can be agonizing Recognizing that only about four in ten businesses listed for sale actually sell, we need to understand that a large portion of the seller population may have waited too long to begin the succession process. There are some owners that simply decide they are ready to move on, […]
Selling a Business Is Harder Than Starting It
Starting a business seems like the hard part…until you realize that one day you will need to leave your business Think back to the day you started your business. You made the commitment and started building your company block by block, decision after decision. After much time has passed, you are arriving at the point […]
Learn From Other Owners When Preparing For Business Transition- Example 3
Business Liquidation may sound like the opposite of Business Transition – but sometimes it’s the Smartest Option St. Louis area owners are learning the essential themes of planning and timing…sometimes the hard way. Metro has conversations with those ready to sell, planning to sell, and occasionally with owners who must reach the emotional understanding that […]