IBA Articles and News
Indiana Business Advisors Strengthens Resources
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 broker, and owner/operator of Top Shot Aerial Photography, Indy’s largest locally owned drone service. Andrew is a graduate of Ball State University where he focused on entrepreneurship and small business management through the Miller College of Business. After graduation, he went into sales while operating [...]
Exit Strategies: Building A Business For Sale Part 2 – Policies and Procedures
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 whatever else the unexpected has brought. In the end, your business is your personal investment. For many, it’s the product of their life savings and will be their retirement plan. Read on for some tips to make your business more marketable for sale in the [...]
Exit Strategies: Building A Business For Sale Part 1
EXIT STRATEGIES: BUILDING A BUSINESS FOR SALE It’s no secret that the internet is flooded with all kinds of information for business owners on what to do next and how to do it. The problem is: most are written in a way that are not easily understood or lack actual experience and expertise. It’s true, many articles online are written in a way to just score more site hits through search engine optimization (more about SEO later). That doesn’t mean, however, that there aren’t truly genuine pieces out there designed to help. Our purpose is to provide a platform [...]
Investment Strategies: Buying a Business to Build Wealth
Investment Strategies: Buying a Business to Build Wealth? Recently, Forbes took a comprehensive look at how many Forbes 400 members founded their own businesses and at what age. The end results were clear: unless you’re planning on inheriting your wealth, it’s best to start or buy a business earlier rather than later. How Do Investment Strategies Make People Rich? Almost half of the entrepreneurs in the ranks — Forbes classifies 254 of the 400 list members as founders — started a business before they hit 30; nearly 85% had by age 40. The average age was 32. The company [...]
How to Attract Business Buyers
The question is less of “How can I attract business buyers?” and more, “How can I attract the right business buyers?” Let’s talk about how you can target the most qualified business buyers for your specific business opportunity. 1. Identify Your Potential Business Buyer Pool Most interested parties can be broken down into one of two groups: strategic and financial business buyers. The first is usually an external group, a competitor or synergistic business buyer, who wants to acquire your business to expand their current operations. The second type of business buyer is looking to acquire your company for [...]
How Does Seller Financing Work?
There are several options when it comes to financing a business. Seller Financing is when the owner is willing to personally finance a portion of the purchase price. Oftentimes, this increases the likelihood of closing a purchase transaction. While Seller Financing is tempting because of the heightened chance of a faster sale, it is a serious consideration that needs to be deeply evaluated before attempting. What should you know before utilizing seller financing in a business purchase? 6 tips to consider when using Seller Financing: 1. DO assess the risks. Sellers will be tied to the business long after [...]
Contact Information
Indiana Business Advisors
9333 N Meridian St, Ste 200
Indianapolis, IN 46260
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Office: 317-573-2100
Hours: Mon.-Fri. 9 am-5 pm
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Appointments: Click Calendly
