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

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,

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

Control the Controllables    I think it is important we all get the chance to recharge, and fortunately, I had a chance to spend some time with the family over the 4th up in the mountain air in the Carolina's, and then followed that up with some fishing time back near home at Dauphin Island.  I feel like 2021 is absolutely flying by! How about you?Diving bac

Common Value Driver #2: Prevailing Industry Conditions

Common Value Driver #2: Prevailing Industry Conditions

     Recently, we provided an introduction to some of the most common business value drivers that every business entrepreneur needs to be thinking about when buying or selling a business. In case you missed it, here is a link to the "Prevailing Market & Economic Conditions" discussion.   This month's topic relates to "Prevailing Industry Conditions", and p

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

Common Value Drivers - Blog 1 of Many Over the next several months I plan to methodically address common, but mission critical "Value Drivers" that every Seller (and every Buyer) should be assessing with respect to a Company's enterprise value. Too often, we look at the financial numbers alone and leap straight to a napkin based, rule of