Selling a Business to a Competitor: Steps Owners Must Take to Get M&A Right
Running a business requires an exceptional work ethic and a strong competitive spirit. For many owners, their competitors are enemies never to be spoken of, and certainly not to be spoken to. Even when owners have a good relationship with their competitors, there’s...How Long Does it Really Take to Sell a Business?
By the time most business owners engage an investment bank to sell their business, they are eager to move onto their next venture. Selling a business demands precision, though, especially when owners must evaluate multiple offers and weigh whether those offers align...
Why a Wealth Advisor is Critical to Any M&A Transaction
Retirement is the most common reason owners in the lower middle market exit their businesses. Yet many of these owners have given little thought to what comes next, or even to when they will retire. A wealth advisor is critical to these mergers and acquisitions. They...