08 Jun Around the Web: A Week in Summary
The following information has been sourced by Business Brokerage Press for the benefit of the business brokerage community. The views of these articles do not necessarily represent the views of Business Brokerage Press. We hope you find this information helpful.
A recent article from Axial entitled “Introducing The Lower Middle Market Add-On Report” discusses a new survey of 150 deal professionals across the Axial network. The report documents the extent to which financial sponsors have descended upon the lower middle market to power add-on strategies.
Key findings from the survey include:
- Most deal professionals expect add-on activity will accelerate over the next year
- Top investor objectives include scaling up, adding products or capabilities, and adding talent
- Top challenges for add-on strategies include availability of attractive targets, valuations/competition, and integration
Click here to read the full article.
A recent article from Sunbelt Network entitled “How to Sell a Small Business Quickly” offers tips for business owners who find themselves in a situation where they need to sell their business sooner rather than later. While this is usually not an ideal scenario, sometimes it is out of the business owner’s control.
Helpful tips for business owners looking to sell quickly include:
- Have a structured marketing plan
- Reach out to potential buyers who may have a financial or strategic interest in your business
- Get all of your documentation in order such as financial statements, contracts, leases, and operating manuals
- Hire a business broker to manage the sale
Click here to read the full article.
A recent article from Transworld Business Advisors entitled “Thinking of Selling Your Construction Business? What You Need to Know in 2022” discusses key considerations for construction business owners contemplating an exit. The construction industry is currently thriving despite supply chain and labor challenges.
Construction businesses are currently selling at a very fast rate. Factors that make a construction business especially appealing to buyers include an experienced loyal staff, well-maintained equipment, strong project pipeline, complete financial records, and increasing profitability.
When you feel your business is ready to sell, it is a good idea to contact a trusted business broker to take your construction business to the business for sale market.
