Does Your Business Have Pricing Power?
One of the clearest signs of a strong business is the ability to raise prices without losing a meaningful number of customers. That ability is often referred to as pricing power. It does not necessarily mean a company can charge whatever it wants. Rather, it means customers see enough value in the product, service, relationship, convenience, or overall experience that price is not the only...Read More
After the Closing: Helping Ensure a Successful Transition
Closing the deal is a major milestone, but for the buyer, it is often the beginning of a much bigger transition. The business may have a new owner, but the seller’s involvement does not necessarily end the day the documents are signed. In many transactions, a smooth handoff during the weeks or months that follow can have a meaningful impact on the business’s continued success. The Seller’s...Read More
Recognizing the Warning Signs in Your Business
A business rarely goes from healthy to distressed overnight. More often, trouble develops gradually through a series of warning signs that an owner may overlook while focused on the day-to-day demands of running the company. A lack of focus, weak management, inadequate financial controls, the loss of a key employee or major customer, outdated technology, operational or quality issues, legal...Read More
What Buyers Really Want From a Business Sale
When you’re selling a business, it’s natural to focus on the number you want to receive. But experienced sellers know that a successful transaction involves much more than agreeing on a price. The amount of cash changing hands, the financing structure, the buyer’s ability to operate the business, and the expectations of both parties can all influence whether a deal actually comes together....Read More