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
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- Author: Joshua Carnes
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
The lessons learned through hands-on experience are often irreplaceable. When it comes to selling or transferring ownership of a business, inexperience can be particularly troublesome. Many business brokers and M&A advisors have observed firsthand the jeopardy business
Record High PricesProducer prices for machinery and supply wholesalers climbed to a new high in September, rising 2% compared to a year ago, according to the latest US Bureau of Labor Statistics data. Sales for machinery and
Fearing Budget Cuts, Government Lawyers Jump to Private SectorSome legal recruiters report that President-elect Trump’s plans to trim the ranks of government workers are prompting some rank-and-file government lawyers to look for work in the private sector,
Housing Market May Not Rebound in 2025 The 2024 housing market is on track to be the slowest in nearly 30 years as high mortgage rates and home prices combined with extremely low housing inventories have kept
