Aug 10, 2021 | Business Valuation, Buying a Business, Purchase Agreement, Selling a Business
One of the most important aspects of a business transaction, whether you are buying or selling a business, is the buy/sell or purchase agreement. This agreement specifies all the important aspects of the transaction. It is important for legal and tax purposes as well...
Aug 6, 2021 | Business Appraisal, Business Valuation, Buying a Business, Small Business
Many individuals want to buy a business, but don’t know where to start. Nearly 500,000 businesses transact each year. This number is growing as more baby boomers retire and sell their businesses. If you are one of those individuals, now is a great time to start...
Aug 3, 2021 | Business Valuation, Lumber Wholesale, Value Drivers
There are about 8,000 lumber wholesalers in the United States. The lumber wholesaling industry generates about $96.4 billion in revenue. This industry is mature with low barriers to entry, increasing sawmill lumber prices, and a growing number of housing starts. These...
Jul 29, 2021 | Business Appraisal, Business Valuation, Buying a Business
Buying a business is one of the fastest ways to become an entrepreneur and become self-employed. It can also be an easier option than starting your own business. One of the best ways to ensure a successful business acquisition is to obtain a business appraisal. Below,...
Jul 27, 2021 | Business Valuation, Courier and Local Delivery Service, Small Business
FedEx routes are by far the most popular courier and local delivery service companies. FedEx routes have become more lucrative as the local delivery service industry continues to expand. The two largest companies in this industry are FedEx and the United Parcel...
Jul 23, 2021 | Business Valuation, Exit Planning, Family Business, Selling a Business, Small Business, Succession Planning
One of the most common ways to transition a family business is by selling to a family member. This option is often attractive to business owners due to the ease of transition and the option to keep the business in the family. How does one go about selling a business...
