Posts by Dave Driscoll
Don’t try this on your own! Emotion gets in the way of selling your own business
Business owner emotion combined with the assembling and organizing of required information, the time demands, the question of a realistic value and price, and the determination AND patience needed result in overwhelming anxiety if you try to sell your business yourself.
Read MoreCurb Appeal includes what you can see from the street AND what’s inside the business
By Dave Driscoll It’s what’s inside that counts. What does that mean when you are marketing your business for sale to a third party? Businesses generally fall into one of three categories: Behind the curve with systems that need to be updated On the curve with up-to-date systems that enable the business to compete with…
Read MoreKeys for family business succession and survival
Nine tips for strong family business – help your family business survive and be relevant in the future.
Read MoreSelling your Business: Exit & estate planning considerations for your retirement
A business valuation is critical to determine the future financial needs of the owner in retirement, AND also to protect and transfer that wealth to the next generation.
Read MoreBusiness Exit Planning: It’s a Seller’s Market
High demand and low supply are creating seller leverage, stronger valuations, and advantageous deal structures with more cash at close. By Dave Driscoll Clients always ask: “Is this a good time to sell?” My reply today is YES! I know…you hear that from everyone in the M&A industry that wants to sell your business. I…
Read MoreTake an objective look at what your business is worth
Don’t be fooled by your distorted perspective By: Dave Driscoll As an owner who has built and grown your business, you know it inside out – the good and the bad – so you should know better than anyone else what your business is worth, right? Unfortunately, no. Your years of working hard, solving problems,…
Read MoreWe Have a Buyer for Your Business!
By Chris Spenner “Hello! I am excited to tell you we have a buyer for your business, but you have to act fast!” Sadly, the number of small and online business owners that hear and fall victim to this line each and every day is increasing due to the rising number of brokerage scams. And,…
Read More6 Common Issues that Diminish Business Value
By Dave Driscoll Every company has a natural lifecycle and ownership changes are a common occurrence. While the name on the business may remain the same, the philosophy, goals, and objectives evolve as the ownership changes. Unfortunately, many owners damage their business value by failing to plan for the eventual transition to a new owner.…
Read MoreAccurate Financials – the single most important item to sell your business
Now could be the best time in years to sell your business. Get ready to launch with solid financial reporting. By Dave Driscoll All indicators point to a very active merger and acquisition climate in the lower middle market, a market Metro defines as companies for sale with revenue of $1.5 to $20 million. However,…
Read MoreEnvision, plan, achieve –why each step is important to your life beyond business™
By Dave Driscoll Owning a business can be all-consuming. Your blood, sweat, tears…and hopes, thoughts, and dreams may seem to all be wrapped up in the success of your business. Maintaining a rich, fulfilling life with family, friends, and interests outside of your business can be a challenge – but certainly a worthwhile objective. Frankly,…
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