Here’s what it means to business owners Over the last 41 years, Transworld Business Advisors have been helping business sellers and buyers find a connection. Over time, CEO Andy Cagnetta and his team have refined processes and developed broker talent. The result is the largest small business brokerage firm in the world. They’ve also quietly. . .
Continue Reading “Largest Business Brokerage in World Releases Telling Data”
Experience can be a great teacher. I’ve been a business broker since 2006. Along with over 180 successful transactions, I’ve seen plenty that didn’t go well too. Followers of my blog have heard me say in the past, “Time kills deals.” The more time passes, the more likely the buyer or seller can lose motivation.. . .
Continue Reading “Common Mistakes that Kill the Deal to Buy (or Sell) a Business”
Are You the Problem? We’ve spoken before about what adds to company value, having good systems, keeping clean books and happy employees are at the top of the list. But what detracts value? What you may not realize is, you personally may be holding your company back, even if you’re as dedicated, focused, and hard-working. . .
When you use the term “grow your business,” you’re probably thinking about organic growth: adding customers, adding staff to service customers, adding space to house your staff and inventory… growing the way you did when you started your company. Here’s what’s making that kind of growth challenging right now. The number one factor for most. . .
Continue Reading “Can You Grow Your Business Through Acquisition?”
As we slowly emerge from the disastrous health crisis, small business is dealing with the fallout. It’s coming in the form of a slow supply chain and the worst labor shortage since…ever? Why this is happening is a complicated answer. Workplace expert, Candace Moody, describes the situation as more of a “work reassessment.” People are. . .
Continue Reading “How Being Short-Staffed Affects Your Company Value”