One of the first questions that buyers will ask a business owner is: “Why are you selling your company?” Rest assured, one way or another, directly or indirectly, buyers will ask this question. The answer to the question…
Economic Challenges and Opportunities The fluid power sector, recovering from the pandemic, is now navigating the turbulence of high inflation and fluctuating material costs. The industrial production index (IPI), which…
Non-core assets should be removed from the business to provide buyers with a clear understanding of the balance sheet. In the process of preparing your company for sale, it is…
Shifting Consumer Preferences and Restaurant Models Chain restaurants that withstood the pandemic are now facing new hurdles, including high inflation rates and changing dining habits. Traditional sit-down restaurants, once dominant,…
In July 2023, Commercial Fluid Power (“CFP”) was acquired by leading international supplier of carbon and alloy mechanical tubing and fluid power products, National Tube Supply. CFP is a national,…
As noted in Part 1 of this two-part series, committing the business owner’s knowledge of the company to a thorough, detailed budget addresses numerous questions and increases credibility with buyers.…
Let’s face it. Preparing a monthly budget and multi-year projection is hard. It can take several years to determine the best way to prepare them. If the business owner has…
Market Growth and Technological Advancements The BPO and contact center industry is rebounding strongly post-pandemic, with a projected compound annual growth rate (CAGR) of 3.4%, pushing the market value from…
Within the bounds of preparing for sale, the preparation of internal accounts is paramount to ensuring that all financial and potential projections are as accurate as possible. Consider this scenario:…
Economic Influences and Market Dynamics The HVAC industry is intrinsically linked to broader economic conditions, particularly the construction sector. The industry’s performance has fluctuated with the trends in both residential…