Has the Time to Sell Your Business Passed
Economists and other pundits have been talking about a slowdown for at least a year. Some say we’re headed for a recession; some say we may still get a “soft [...]
Economists and other pundits have been talking about a slowdown for at least a year. Some say we’re headed for a recession; some say we may still get a “soft [...]
Here’s my definition of a great deal: the buyer walks away thinking, “I might have paid a little more than I wanted, but I got a good deal.” The seller [...]
Patrick Lange As I write this, it’s 70 degrees outside my office on the west coast of Florida. It’s 45 degrees in Nashville, 27 degrees in Minneapolis, and 83 degrees [...]
Structuring an Agreement that Works I spoke with George Pappas, a Clearwater, Florida-based attorney specializing in business and title law. Pappas says that if a company is structured as an [...]
Almost every business owner has at least one trusted, long-tenured employee who is indispensable to the business. They keep things running smoothly when you’re out of the office, solve problems [...]
I get this question often from HVAC owners: I’m doing pretty well for myself, and I think there’s more money to be made in my market - should I expand [...]
I field at least a few calls every week from potential buyers for HVAC companies that I have to screen out. They may be qualified buyers; they may be motivated. [...]
An Acquisition (or sale) has never been more attractive. In a move that was not previously announced, the SBA has issued a notice slashing lender service fees and loan “up [...]
The seller, the buyer, and the broker all have a vested interest in keeping the sale of your HVAC company confidential until it’s complete. Almost all the time, they succeed. [...]
I guarantee you that right now, there’s an HVAC company owner somewhere in Northern Minnesota saying to himself, “Man… If my company was in Florida, I’d be able to sell [...]