Guest blog from Hunt Big Sales, Tom Searcy Your Sales Machine Increases Your Business Valuation "You want to sell your business because you are tired. I get it. You’re so tired you want to give it away for 4x." I told the CEO of a laboratory services company, "I’ll tell you what, [...]
Customer Retention & Monthly Recurring Revenue While many things help to grow business, create long-term sustainability, and make the company more marketable in a sale, having secure and consistent monthly recurring revenue streams ranks at, or near, the top of that list. Recurring revenue comes from general agreements, contracts, or subscriptions. To get the [...]
Strategic Planning First, thank you to all of those who have been following along in this series. I’d now like to take the time to talk about a topic that every business wants and needs but very few have any follow-through: strategic planning. Most large corporations will have a strategic plan and for good [...]
IBA's Market Pulse Q2 2022 Review By: Edwin Mysogland, CVA, CEPA, CVB, CMEA Managing Partner When asked to put together my thoughts about Indiana Business Advisors' Market Pulse Q2 2022 review, I had to think about the concerns I have heard expressed by so many of our prospective clients and their advisors. This quarter [...]
The Market Pulse Report, published by the International Business Brokers Association (IBBA) and M&A Source, compares conditions for businesses sold on Main Street (values of $0-$2MM) to those sold on the Lower Middle Market (values of $2MM-$50MM). The Q1 2022 survey was conducted April 1-15, 2022 and completed by 360 business brokers and M&A [...]
The Hidden Margin Killer - Operating Efficiency We are halfway through the year and experiencing rising costs across the board nationwide. Many businesses are spinning their wheels trying to figure out solutions to the problems before them. While each business is complex and experiences its own unique set of challenges, there is one commonality [...]
Labor Market Struggles Given the current labor market, many business owners have labor and hiring at the top of their mind. It’s no secret that it’s an ongoing struggle for both large corporations and small businesses nationwide. I won’t go into the why in this article, but I will dive into how you can [...]
Incentives for Business Owners in Indiana Did you know that the government has free money available to business owners through certain incentives? Local, state, and federal governments offer economic incentives to attract new facilities, create jobs, and encourage investments in buildings and equipment, while also retaining existing facilities and employees. Depending on the size [...]
Andrew Wahl Joins Indiana Business Advisors Indiana Business Advisors (IBA) is pleased and proud to welcome Andrew Wahl as Business Broker to our firm. Andrew comes to IBA with a solid entrepreneurial background. He started his first business at the age of 16. Today, he is an active senior commercial real estate broker, business [...]
EXIT STRATEGIES: BUILDING A BUSINESS FOR SALE Part 2: Importance of Plans, Policies and Procedures Owning and operating a business takes a lot of work. Anyone who has done this at some point in their life will agree. It’s not only time and effort put in, but also sometimes late nights, weekends, holidays, and [...]
