Due diligence is a term most of us have heard somewhere at some point. But what does it actually mean and how does it play out in specific contexts? At The DVS Group due diligence is an essential part of our dealmaking.
Valuation is calculated. Price is negotiated.
That’s one of the most important things to remember about the process of business valuation.
Business valuation is a topic that goes deep and wide. There are a lot of questions and a lot to learn.
We did the digging for you and created the second in our series of “Ultimate Guides”.
(The first in the series: The Ultimate Guide to EBITDA)
After engaging with the information below, we hope you come out on the other side with a good understanding of why valuation is calculated and price is negotiated.
We talk about EBITDA often in our office. The financial measure is important when valuing a business. Business owners, buyers of businesses and even financial advisors can be at a loss for what EBITDA truly means because it is mainly used in the sale of a business- an event they’ll likely experience once.
There is a heap of questions out there regarding EBITDA. And there is an equal amount of answers. We weeded through the resources out there and found the best answers to your EBITDA questions.
Let’s start with a tour through some Google searches.
Note the tips given and steps advised in both of the search results. Read more
Every business owner is battered by letters or phone calls asking about the sale of his or her business. You learn to ignore them or simply not put too much stock in them. But then, there’s a letter or phone call that’s different – you can tell there’s a real buyer on the other side. Read more
Thanks to Kirk Kaiser for contributing this post to The DVS Group blog. He is an owner of Barrier Technologies. He founded the company in 2008 with Jaye Sieland. Barrier Technologies is a national containment contractor that specializes in preventing the spread of fire, smoke, sound, water, and infection in buildings.
Is business ownership a valuable experience? Read the story of Robert Drumm, a DVS Group client, to find out.
Lawyer, brewer of beer, writer, dad, husband – all words used to describe Robert.
In 2013, he was ready to add one more role to that list – business owner. Read more
This is the final post in a series on The DVS Group Tenets – the principles, philosophies, values that guide our merger and acquisition work. Find the other posts in the series here.
The final DVS Group tenet is “Human”.
In an industry that’s known for being stuffy, arrogant and all about the numbers, we believe humans matter. Read more
This is the third in a series on The DVS Group Tenets – the principles, philosophies, values that guide our merger and acquisition work. Find the other posts in the series here.
ARM was a niche business in the pharmaceutical industry, seeking to advance medical knowledge exchange by pioneering innovative tools and solutions. The founders were proud of the business they had built but felt it had grown beyond their comfort level. A customer was asking to double their business but the founders didn’t feel equipped to add that responsibility. They hoped to stay on for the long term but desired to sell the business to allow that growth to occur. Read more
Use the following definitions to get accustomed to the lingo of the Small Business Administration (SBA).
How does the SBA 7(a) loan program compare to a conventional bank loan?
The Small Business Administration (SBA) has many resources for business owners. Money is one of them – certainly enticing for anyone looking to start, scale or shift directions in their business.
Jason Andrews, current owner and CEO of GroupSource Group Purchasing, had spent much of his career in the medical device space. He had a lead sales job managing a remote team in a large geographic area. Jason’s job required a lot of traveling. He was expected to be continually growing and building the company for somebody else, for those above him in the hierarchy. He was ready for a change.
Most of us have a desire to make an impact, do social good, make a difference, contribute. Business owners have a unique opportunity to do that in ways that ripple beyond their direct sphere of influence.
Take a look at the statistics below about small business in the US, the individuals it impacts and the community that benefits.