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. . .
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. . .
Deal Fatigue: a condition during buyer/seller communication where parties on either side of the negotiation begin to feel frustrated. Yes, deal fatigue is very much a “thing” and it can happen in any complex negotiation. Especially when selling a business. It can come from the buyer or seller and is also one of those times. . .
When you’re listing your business for sale, you’ll work with your broker to come up with a competitive sale price. It should be a mostly scientific process that takes into account the financial health of the business and other comparable transactions. If you’re fortunate, you’ll get more than one offer. However, the highest offer might. . .
The International Business Brokers Association (IBBA) has recognized Jacksonville Business Broker, Bianca Evans, with the Chairmans Circle award for outstanding performance in 2020 as part of its Member Excellence Awards Program. “Business Brokers support the health of small businesses and communities worldwide, and these award recipients are among our industry’s best,” stated IBBA Executive Director, Kylene. . .