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 revenue streams ranks at, or near, the top of that list. Recurring revenue comes from general agreements, contracts, or subscriptions. To get the most amount [...]
Strategic Planning First, thank you to all of those who have been following along in this series. I’d 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 reason. [...]
The Hidden Margin Killer 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 among most organizations: [...]
Labor Market Struggles Given the current employment 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 [...]
Indiana Business Advisors Go To Market Edge has always existed, and now it has been improved and formalized. Upon my recent return to Indiana Business Advisors, I gave myself a challenge… to take what was already a robust marketing process for confidentially exposing our engagements, with extensive buyer networks, email program, direct mail and [...]
EXIT STRATEGIES: BUILDING A BUSINESS FOR SALE Part 2: Importance of Plans, Policies & 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 [...]
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, [...]
Business owners are often surprised to find out just how involved the sales process is. Asking the right questions will help you find an experienced broker who has your best interest in mind. Keep reading to find the top 5 questions to ask when hiring a business broker. 1. Have you had a successful sale [...]
