What You Need to Know When Selling Your Oil and Gas Pipeline Company
The oil and gas industry saw some slowed growth recently, but according to IBIS World, those in the pipeline business can expect steady growth over the next five years. This growth, along with an annual revenue of $62.5 billion dollars, make it a great time to consider selling your oil and gas pipeline business. This […]
How to Increase the Value of Your Janitorial Business
As the owner of a janitorial business, you’ve likely seen steady growth and record profits over the last five years. According to IBIS World, the janitorial services industry earns $61 billion in revenue annually, with over $3 billion in profit. This makes it a great time to sell your janitorial business. However, whether you are […]
A Non-Compete Shouldn’t Be a Trap: How Non-Competes Work in Oil and Gas
A Non-Compete Shouldn’t Be a Trap: How Non-Competes Work in Oil and Gas
Anatomy of the Asset Purchase Agreement
Whether you intend to sell or buy an existing business, odds are that your transaction will be governed by an Asset Purchase Agreement, or APA. Depending on the size and complexity of the transaction, the APA can easily run dozens of pages. Unless you make a habit of reading legal documents in your spare time, […]
2020: Trying to Time the Market
Business transaction conditions were primed in 2018 for an exciting 2019, and last year did not disappoint. Buyers were active, lenders were aggressive and valuation multiples were spiking 12 months ago as 2019 got rolling. As the year progressed, however, momentum did slow a bit, and as we kick off a new decade in 2020 […]
Selling a Business in Dallas: What you Need to Know
Deciding to sell your business is probably not something you simply decided to do on a whim, but it’s also probably not something you’ve done a lot of planning for either. Our team of Dallas business brokers are prepared for anything that comes their way. There’s a distinct difference between taking your time deciding to sell your […]
Bookkeeping Tricks to Maximize Your Business Valuation
In my experience as a CPA assisting both buyers and sellers in the business acquisition process, as well as purchasing multiple companies myself, I have developed a unique perspective when it comes to a business valuation method. Here are some bookkeeping tips you can use to help ensure that when it comes time to sell your […]
CARES Act Impacts SBA 7(a) Loans
While there are several SBA loan related provisions and benefits in the recent government actions designed to create relief to the current COVID-19 situation, one in particular – the SBA Debt Relief program – is what we’d like to focus on. This is taken today from the SBA.gov website (https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources#section-header-4): The SBA Debt Relief program […]
Succession Planning in the Age of Coronavirus
The current global health crisis has created unique challenges for small businesses across the nation, which seemed to hit like a tidal wave. COVID-19 has negatively impacted small business operations in an array of industries, but it has also shed light on a crucial element of running a solid business – succession planning. Succession planning […]
Definitive Guide to Sell Your Business
While not every aspect of selling a business is fun or simple, we can assure you that it is rewarding! From deciding whether or not to sell that business to closing on its sale, selling your business involves complicated relationships, agreements, disclosures, and processes. There are so many important steps in the process to sell […]
