What good is knowing the destination if you don’t have a plan to get there? I enjoy going out into the backcountry and exploring trails, taking road trips to see National Parks We recently consulted with a family-owned remodeling business in Orange County where the owners were a husband and wife team and the son […]
Author Archives: admin
You Can’t Sell Your Way Out of Bad Margins
We just completed a business valuation for a client and they had a fantastic year in 2021. Their revenue increased by 13% in 2020 and then by 31% in 2021. Our conclusion: The business is worth less now than it was before the revenue growth. Our valuation of the company was based off a multiple […]
Exit Strategies for Your Business
Exit Strategies for Your Business Whether you’re looking to retire, get out of an industry, split with partners or just want to spend more time at our lovely San Diego beaches, proper exit strategies are a must. By finding the strategy to help you in this regard, you’ll create a clean transition that is beneficial […]
Top 4 mental shifts for networking
Top 4 Mental Shifts for Networking 1) Focus on what you can provide, not what you can take away. The conversations shouldn’t be all about you and your product or service and why you are a disruptor in your industry. Focus on the people you are meeting. Your networking group probably gets sales calls all the […]
What steps do you need to go through to prepare your business for sale?
Plan early—Most successful business owners sit down at the end of their fiscal year and create a business plan for the following year or a set of projections to help keep them on track with their goal. Do you have a target age for retirement? Good. Now you can work backwards from there. What […]
Should I tell a buyer the negatives about my business?
Yes! As a seller, you should disclose all material information to a buyer, especially if it is a negative. In fact, you are better off disclosing those facts upfront rather than hiding them until a buyer directly asks about them. In discussing negative material information about a business we are not referring to things such […]
WorkWear Business Closed
So-Cal Business Brokers recently closed the sale of a workwear wholesale business in Riverside County. We were able to create a successful marketing plan to identify and contact prospective buyers from across the country bringing multiple offers on the business. The winning offer was from an out of state buyer that was contacted through our […]
Why should I buy a business when I can start one?
The concept of starting a business is fairly straightforward; create a product or service and sell it to you customers. In reality, there is much more nuance navigating how to structure your business, finding reliable vendors, leasing or buying equipment and property, buying raw materials and most importantly, connecting with, and making a sale to, […]
Sell My Business La Jolla – Questions you must answer before selling your business
You are ready to sell my business La Jolla. Having nurtured it from the ground up, you want to sell it for maximum profit, for the best terms and the right buyer. There are several things to consider before you put your business on the market. Working with an experienced business broker will help smooth […]
Sell My Business Julian – 2 Essential Things You Must Do Before Selling Your Business
When you are ready to sell my business Julian, you must be prepared for the steps involved. While a business broker will guide you through these steps, you need to familiarize yourself with them. This post will be looking at the two most important things you have to do to sell your business successfully. Train […]