FourBridges acted as exclusive advisor to Southeastern Tool.
FourSight is a regular series of market updates and relevant resources to help business owners – and their attorneys, bankers or wealth managers – better understand what's happening in the world of mergers and acquisitions.
If I ever find myself in the C-suite again, facing a transaction, I’ll remind myself of the wise words my wife shared with me the year I decided to cure hams in our garage: Keep your day job.
When you are ready to sell your business, several factors will determine its value. Some you can’t control like the economy, but others you can, like the way you run your business.
Many business owners wonder what their company is truly worth in today’s market. And that’s not a bad question to ask, whether you’re making day-to-day operating decisions or considering the future of your company.
No matter what stage your business is in, selling is an option on many minds, but there are major obstacles just waiting to trip you up. One expert shares what exactly those are so you will have the advantage.
Are there magical signs that point to selling your business?
Some entrepreneurs launch a business to bring their talents to bare, to achieve their dream of serving a specific type of client in a specific way, never considering selling their business, but many are acutely aware that their business may someday be worth selling.
Financial projections, or financial modeling, should tell a story about the future of your business. Building a credible ‘story’ is an essential tool for selling or seeking investment funds, and also helps you make quantifiable decisions about your business
Your longest-lasting and most loyal banking clients may leave you, and it has nothing to do with your performance. You guessed it – they’re selling their businesses.