The Best Industry for Your Business Acquisition

June 7, 2017

“Which industry is best for
my business acquisition?”

Whether you are a corporate or individual buyer, one of your first questions in the process is likely that question.

Let me tell it to you straight – no industry is the best industry.
And I’m not just saying that so I don’t hurt any of the industries’ feelings.

You may have preferences and some industries may be better than others but, speaking from experience,
there is not a golden ticket industry that will take you to the chocolate factory of ideal businesses.

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Side-by-Side Look: SBA Loans Versus Conventional Loans

May 4, 2017

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.

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Buckle Up! 4 Ways Your Journey to Buy a Business Could Get Derailed

April 12, 2017

Are you properly settled in for the ride as a Blue-Chip Executive on the journey to buy a business?

The journey can be long and arduous, and you might get lost and never arrive, or crash on the way, or get distracted, or wind up at the wrong destination.

So, as you’re buckling your seatbelt, examine the ways your journey to buy a business could get derailed and then, take our tips to heart – they will help you stay on track.

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Letter of Intent: Crafting the First Step to a Successful Acquisition

March 1, 2017

You found the business you want to buy. Congrats!

Now what?

There are many things that need to happen before a deal closes. One of the first steps you’ll need to take is to write, sign and negotiate a Letter of Intent (LOI) with the seller. An LOI is a non-binding document, meaning there is not a legal requirement for things to play out exactly as the document states.

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Two Insider Tips for Picking a Bank for Your SBA Financing

February 1, 2017

SBA financing – particularly when used for business acquisition – involves very specific limitations and requirements. Because of its detailed and complex nature, using just any bank for SBA lending would be a mistake. Do your research and pick a bank that has experience and that you trust.

This is not an exhaustive shopping guide but these two tips will get you well on your way to making a solid choice in your SBA lender.

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Who Will (Maybe) Buy Your Business: A Business Owner’s Guide to Potential Buyers

January 25, 2017

There are two main considerations when thinking about who would and could buy your business.

The first is your management team. The second is the size of your business.

Why are these the two main considerations?
They’re the first two aspects of the business a buyer will go to in order to evaluate.

Your management team and the size of your business matter to buyers.

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Financial vs. Strategic Buyer

January 23, 2017

The distinction between a financial buyer and a strategic buyer is pretty straightforward.

A financial buyer acquires a company as an investment for returns. A strategic buyer acquires a company to advance a business plan.

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Nobody’s Dead: The Story of M&A Tombstones

December 20, 2016

Tombstones in the financial industry – one of those things that is done just because it has always been done.

Yes, you read that correctly. Tombstones.

Curious about the term? So were we.

 Before we did some research, DVS team members took a guess at the reason why the term “tombstone” is the final step in announcing a closed deal.

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