If you are not ready to sell your business, you may currently be implementing growth strategies. We sell many businesses to existing owners, growing their business by acquisition. Maintaining growth and competitiveness is paramount for small enterprises in the current business environment. These are some of the reasons that owners choose to grow by business…
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The Strategic Advantage of Complementary Business Acquisitions
Friday, October 13th, 2023
The Balance Sheet: A Keystone in Your Business Sale
Tuesday, August 1st, 2023What is the Balance Sheet? As a business owner preparing to sell your business, one of the critical documents that potential buyers will scrutinize is your balance sheet. The balance sheet, essentially a snapshot of your business’ financial health, holds significant weight in negotiations and can influence the ultimate sale price. The balance sheet provides…
Business Valuations – Understanding Add Backs
Tuesday, June 13th, 2023Business owners don’t always understand how business valuations are performed, and they often times don’t agree with the number. They first need to understand how their company’s cash flow is computed. It starts with determining the “Add Backs” — expenses that are added to the profits to derive EBITDA (earnings before interest, taxes, depreciation and…
The Impact of Inflation
Thursday, April 13th, 2023What Exactly is Inflation? Inflation is the overall rise in the prices of goods and services over time. The rising of prices leads to a reduction of purchasing power. The rise in the general level of prices often expressed as a percentage, means that the dollar buys less than it used to in prior periods.…
8 Things You Can Do To Prepare Your Company For Sale
Friday, January 20th, 2023The number one mistake business owners make in selling their company is not preparing soon enough. Whether you want to sell your company today or in the next five years, these are 8 critical steps in maximizing your company’s value. Proper preparation will enhance the value of your company, make the transaction flow smoothly, and…
7 Mistakes Owners Make When Selling Their Business
Monday, October 3rd, 2022Business owners should be aware of these 7 mistakes often made when selling a business: 1. Neglecting to run the business during the sales process. The owner of a business can get so involved in the selling process that they slack off once the business is listed for sale and they neglect the day-to-day operation…
Debunking Top 4 Myths About Selling a Business
Friday, August 19th, 2022To the average business owner, there are a lot of preconceived notions about selling their business. Let’s break down the top 4 myths about what it takes to sell a business: MYTH #1: “Selling a Business is Just Like Selling a House.” Selling a business is an entirely…
How Does the Inflation Rate Affect Business Sales?
Tuesday, March 15th, 2022The Cost of Inflation The current inflation rate is the highest it’s been in the last 40 years in the United States. I hear about it every day from business owners. Their employees’ wages, fuel, supplies, taxes, and almost every other cost has increased. When it comes time to sell your business, how does this…
What Effects Do Interest Rate Hikes Have on Business Transactions?
Tuesday, February 15th, 2022Rates Projected to Rise With the projected interest rate hikes inbound for 2022, the Fed plans on hiking the rate 3 times, in quarter-point increments. The current interest rate is 6 percent +/- for business acquisitions. Expected to climb to 6.75 percent to 7 percent by the end of 2022, there will also be additional…
Possible Capital Gains Tax Changes
Thursday, January 13th, 2022Capital Gains Tax Rate May Rise Within the Next Few Years Pressure to increase the capital gains rate will come to bear as COVID-19 bailout funds increase. The current capital gains rate of 20% could be increased to a whopping 37% plus a 3.8% surcharge. Most experts believe major tax changes will happen in 2022…
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Gateway’s brokers are always willing to assist business owners and prospective business buyers with education, resources, and guidance through the process of buying and selling businesses. We are here to answer any questions to make the selling & buying process a smooth transition. Call or Email for a free consultation.