Every business owner will eventually face the decision to sell their business. This significant transition requires careful planning and expert guidance to navigate the potential obstacles. Selling a business can be complex and time-consuming, particularly for those
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- Author: Joshua Carnes
In December, advertising firm Omnicom announced it would acquire rival Interpublic Group in an all-stock deal that will create the world’s largest advertising company. The two firms had a combined 2023 revenue of $25.6 billion. Omnicom said
Lion Business Advisors is pleased to bring to the market a unique opportunity to acquire a long-established premier swimming pool construction and renovation company, which is now available for acquisition. This Texas-based business has been serving clients
Entrepreneurs are typically dynamic and driven individuals who play a critical role in driving innovation. However, to succeed, they must leverage their strengths while being mindful of their weaknesses. By understanding both, entrepreneurs can maximize their potential
Many businesses have a product or service that’s performing reasonably well, perhaps even thriving, but doesn’t quite align with the company’s core offerings. It’s often called an “orphaned” product—a good or service that is disconnected from the
If your business interacts with customers, it’s inevitable that at some point, you will receive customer complaints or negative feedback. The key to turning these situations into opportunities is how you handle them. Ignoring or dismissing customer
While learning that you have a serious buyer for the sale of your business may feel like a cause for celebration, it’s important to hold off on the champagne. The journey from a buyer expressing interest to
If you, as the seller, want to receive the best price for your business, it’s essential to understand that your adjusted or normalized EBITDA will serve as the foundation for the purchase price. This EBITDA will be
Determining an accurate valuation for a company is far from straightforward. It involves a range of complex, and often rapidly changing, factors. The challenge is compounded by the fact that some aspects of valuation are inherently subjective.
Running a family business is more than just a job—it’s a lifelong commitment, built on decades of hard work, sacrifice, and perseverance. By the time a company reaches its third generation, it has often become more than
