Buying Or Selling A Business
Have you ever thought about buying a company as a way to either get into business or to grow your business?
Have you ever gotten an offer from someone interested in buying your company?
Do you know what your business is worth and how to increase its value? If you sell your business, what do you plan to do next?
We have personally bought and sold companies ourselves and have helped dozens of clients grow their business through acquisitions and eventually sell their business.
We have also helped many “corporate dropouts” get into business for themselves by purchasing a company.
We can help demystify the process of buying or selling a company for you.
Buying Or Selling A Business Podcast
Whether you already own a business, want to grow your current business, or are thinking about selling your business, we know you will enjoy hearing some of Ben Ihde’s and Jeremy Orsky’s stories.
Both of them bought their first businesses and subsequently sold them. One stayed on board for a year after being purchased, while the other bolted as soon as the deal closed.
You’ll enjoy hearing about the “bird in the hand” and other “offers you can’t refuse” stories from Ben and Jeremy.
Service Offerings
We have personally bought and sold companies ourselves and have advised dozens of others
on how to do it. Most small businesses aren’t worth as much as their owners might think. So whether you’re looking to buy a small business or you’re thinking about selling your small business, we should chat.
So where do I go to find all these companies for sale? How about potential buyers for my business? Do I just put a “For Sale” sign in our front yard or on our web site? How do I know if someone is a serious potential buyer? How do I present myself as a serious potential buyer?
Whether you’re looking to buy or sell a company, one of the first questions that will be asked is, “What’s it worth?” Like beauty when it comes to art, value when it comes to a business can often depend on the eye of the beholder. One of the clarifying questions we ask clients looking to buy a business is, “Would you take it if they gave it to you?” Or if you’re thinking about selling, what does an “offer you can’t refuse” look like?
How do I know what questions to ask the seller of the business? How do I know what to present to a potential buyer if I’m looking to sell? How do I make sense of all these numbers? There are lots of questions when it comes to potentially buying or selling a business. Do you even know where to start?
How do I make an offer for the business? What if I offend the seller with an offer that is too low? Do I care about getting more money now or do I care more about the total number? Should the seller play the bank?
What are you going to do after you sell the business? What are you retiring to? Should you ask the prior owner to stick around for 3-6 months or a couple of years or get them out as soon as you can?
So if you’ve had some thoughts around either buying or selling a small business and you’re not sure what to do next, perhaps we should chat. If nothing else, we can help demystify the process of buying or selling a company and provide you with a framework for either growing your business through acquisitions or getting your business ready to sell.
Case Studies / Testimonials
Ben Ihde
Listen to Ben talk about how he is now being strategic for the first time in his life.