Quick Tips for Selling a Business No matter the organization size or industry, buying or selling a business is complex and requires careful attention and expertise to navigate the many moving parts of the transaction. For many people, the process is overwhelming at times. In order to minimize stress and ensure a successful business [...]
The Importance of Financial Documentation No matter what anyone says, the whole purpose of going into business or purchasing an existing one is to make money. Ultimately, we live in a capitalistic society and need money to survive and get the things we want. That doesn’t mean that someone can’t love what they do [...]
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 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 [...]
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 [...]
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 [...]
