Navigating Owner Transitions: A Key to Maximizing Business Value

Navigating Owner Transitions: A Key to Maximizing Business Value

One of the most important value drivers when selling a business is the owner transition process. For many buyers, the way in which ownership and knowledge are transferred can significantly impact the perceived risk and value of the business. Properly managing this transition not only ensures business continuity but can also increase the multiple and ultimately the sale price. Knowledge Transfer

Part IX In Our Series on Business Valuation: The Impact of Technology and Developed Processes

Part IX In Our Series on Business Valuation: The Impact of Technology and Developed Processes

Welcome back to our Business Valuation series! In the intricate cogs of business valuation, methodologies are the machines that guide the evaluation process. Market methodologies, in particular, focus on transactions and the multiples they generate. Picture this: two companies down the street from the other, operating in the same industry, both raking in the same amount of revenue and generating t

Part VIII: In Our Series on Business Valuation: Quality of Books

Part VIII: In Our Series on Business Valuation: Quality of Books

The Importance of Solid Financial Records in Business Valuation Welcome back to the eighth part of our series on business valuation. In this installment, we delve into the critical topic of financial records and their impact on the valuation process. Quality records are imperative to a smooth sales process when you want to build trust, maximize price and reduce obstacles. The Foundation of Trust

Part VII in Our Series on Business Valuation - Understanding Viable Growth Potential and Pro Forma

Part VII in Our Series on Business Valuation - Understanding Viable Growth Potential and Pro Forma

Welcome back to the seventh installment of our series on business valuation. In previous articles, we've explored various aspects of evaluating a business's worth, from market and industry conditions to company maturity and reputation. Today, we delve into the critical topics of viable growth potential and pro forma analysis, shedding light on the future outlook that underpins a business's value.

Part V in Our Series on Business Valuation: The Impact of Historically Strong Sales and Margin Growth on Business Value

Business Valuation

Part V in Our Series on Business Valuation: The Impact of Historically Strong Sales and Margin Growth on Business Value Welcome back to our series on value drivers in preparing a business for sale. Last month, we talked about the role of company maturity reputation in driving business value. For the next several months, our discussion will move more into the financial criteria that drive business

Part IV in Our Series on Business Valuation: The Role of Company Maturity and Reputation

Part IV in Our Series on Business Valuation: The Role of Company Maturity and Reputation

As we have been addressing in our series on business valuation, when determining the market value of your business, several factors come into play. One crucial aspect is the maturity and reputation of the business. In this article, we will delve deeper into how company maturity and reputation impact overall valuation and explore the implications for business owners and potential buyers. The Value

Part III in Our Series on Business Valuation: Industry Conditions

Part III in Our Series on Business Valuation: Industry Conditions

As we continue our series on Business Valuation, we go to Transworld of the Gulf Coast M&A Specialist, Bill Whiston, for his perspective on industry conditions and how they impact the value of your business. Bill has many years of experience as a business owner and business advisor and is our go-to resource for our M&A transactions. What Industry Conditions Drive Business Valuation? Understandi

Part II in Our Series on Business Valuation - Market Conditions

Part II in Our Series on Business Valuation - Market Conditions

  Part II in Our Series on Business Valuation – Market Conditions Last month, we opened the discussion on how the value of your business is generally determined. This month, in Part II, we will delve into our series discussing specific value drivers you should consider when preparing to sell your business starting with market conditions. When we meet with a prospective seller, we spe

What is My Business Worth?

Business Valuation

What is my business worth? This is the hardest question to answer for any business. Generally, when business owners think about the value of their businesses, especially if they are thinking about selling, there is an emotional driver that is usually quite different than the actual value. It is important to understand how market value is determined, how your records reflect the value of your busin

A Perfectly Executed Business Exit: A Case Study

Staffing Business

“Every business owner is going out the door, the question becomes: are they going out on their own two feet or are they going out on a stretcher?”   Selling a Business   Selling your business is often fraught with emotion, expectation and apprehension. You have invested time, money and sweat equity in successfully growing it, and you want to make sure you sell it to the r

What's the Difference Between the Listing Price and the Selling Price?

What's the Difference Between the Listing Price and the Selling Price?

If you’ve ever bought a house, you know that the appraised value isn’t what the house typically sells for in the end. It isn’t even what the sellers will use as the listing price in most cases. Most houses sell for a price that is more (or less) than what the seller asked for it. The same holds true for a business being sold. Why aren’t the listing price and the selling pr

How Long Does It Take to Sell a Business?

How Long Does It Take to Sell a Business?

Homebuyers are familiar with the mantra—location, location, location. Well for a business owner looking to sell their business, there’s an equally important phrase to remember—timing, timing, timing. But if you are looking into selling your business, what does that mean for you? And exactly how long will the process take?  This graph represents the average number of mont

How Inflation Impacts the Sale of your Small Business in Gulf Coast

How Inflation Impacts the Sale of your Small Business in Gulf Coast

From the pandemic’s supply chain issues to the current worries over rising inflation, many small businesses have been struggling to adapt to the sudden shifts of today’s economy. With inflation in June hitting 9.1%, more than the Dow Jones estimate of 8.8% for the month, more and more businesses are worrying about how exactly inflation has and will impact their business, and if now is

Thinking of Selling Your Beauty or Personal Care Business in Gulf Coast? What You Need to Know in 2022

Thinking of Selling Your Beauty or Personal Care Business in Gulf Coast? What You Need to Know in 2022

Time and time again, the beauty and personal care industry has proven to be resilient during challenging times by adapting and changing to their audience. The world has reopened, and beauty-based companies continue to rebound, so you may be asking—is now a good time to sell? Selling a beauty or personal care business in Gulf Coast is not very different than selling any type of business. The

Thinking of Selling Your Construction Business in Gulf Coast? What You Need to Know in 2022

Thinking of Selling Your Construction Business in Gulf Coast? What You Need to Know in 2022

After a bit of a tough turn during the pandemic, the construction industry has come roaring back to life. Demand is growing, with an increase of almost 9% anticipated for 2022 for this industry segment within the U.S. market. While supply chain disruptions and shortages of skilled workers may be continuing to cause hiccups for some, the overall outlook is very positive, particularly in terms of i

Selling Your Medical Business or Practice

Selling Your Medical Business or Practice

Thinking of Selling Your Health Care Business or Practice in Gulf Coast? What You Need to Know in 2022. Health care is an industry that is constantly growing and evolving as new technologies and discoveries change treatments and care. This reality is truer than ever as the world has seen during the recent COVID-19 health care crisis. If you are looking to sell your health care business, the cond

Selling Your Cleaning Business | Transworld Gulf Coast

Selling Your Cleaning Business | Transworld Gulf Coast

Thinking of Selling Your Cleaning Service in Gulf Coast? What You Need to Know in 2022 Americans started 2021 by cleaning house—literally. The COVID-19 pandemic kick-started worldwide hygiene awareness and majorly boosted demand for cleaning businesses. It wasn’t just about safety—it was about peace of mind. Residential cleaners, maids, janitors, and other sanitation professiona

Selling Your Restaurant | Transworld Gulf Coast

Selling Your Restaurant | Transworld Gulf Coast

Thinking of Selling Your Restaurant? What You Need to Know in 2022 If you’ve been following the news over the last few years, you know that business sales are up—way up—for certain industries, including restaurants. And if you’re like many restaurant owners, you’ve been thinking about selling your business, too. It’s easy to see why. Record-setting sales (both

How Quickly Can I (or Should I) Sell My Business in Gulf Coast?

How Quickly Can I (or Should I) Sell My Business in Gulf Coast?

In a perfect world, every entrepreneur would have ample time to prepare their business for sale. It’s a long, often complex process the demands our full attention—and ideally, assistance from professional brokers. After all, there are many, many factors to consider: Why am I selling? Is the market ideal? Do I have my legal and financial ducks in a row? (And more.) That being said, the

Business Trends to Look Out for in 2022 | Transworld - Gulf Coast

Business Trends to Look Out for in 2022 | Transworld - Gulf Coast

Business Trends to Look Out for in the Gulf Coast in 2022   Thinking of selling your business in 2022? Give yourself an edge—read up on what we learned in 2021. 2021 was a year of unpredictable firsts for business owners and entrepreneurs. Nothing we learned in 2020 could have prepared America for pandemic shutdowns. Many small operations had to quickly pivot, improvise, and adapt to

Six Ways to Improve Your Business's Value in Gulf Coast

Six Ways to Improve Your Business's Value in Gulf Coast

Six Ways to Improve Your Gulf Coast Business’s Value Preparing to sell your business? You could be leaving money on the table. Your business’s value depends on many different variables: revenue, profitability, market conditions, and more. But valuation is not set in stone. Depending on your situation, there may be several things you can do to raise your business’s value prior t

How to Identify Trustworthy Buyers | Transworld - Gulf Coast

How to Identify Trustworthy Buyers | Transworld - Gulf Coast

For many entrepreneurs, selling a business is about more than money—it’s about passing down a legacy. After years of hard work, it’s only natural to want to see your creation in the hands of someone who shares your passion. However, finding that perfect “someone” can be a challenge. Not everyone that can buy your business should buy your business. As veteran brokers,

Steps to Sell Your Business for The Best Price Are you ready to take the next steps in your career?Are you hoping to sell your business but unsure of where to begin?    1.      Business Valuation A business valuation is always the first step in any business sale. You will need to fully understand what the business is worth to decide on a listing

Five Reasons Business Brokers Improve Closing Rates   Hiring a business broker may seem complicated and an unnecessary expense to someone who is trying to save money and simplify the sale of their business. Why add more to your long list of to-dos when you have enough going on? Well, the thing is, a business broker is so much more than just an extra set of hands. Studies have shown that wor