As you can imagine, I’ve seen almost every situation over 35 years when it comes to people needing to sell a middle-market family business. I see new reasons all the time, which certainly keeps this business fresh for me year after year. But a situation I see all too often is that of the surviving spouse when a business owner has passed away.
Read MoreAs an advisor to middle-market family business owners, I routinely help founders plan for their eventual exit and retirement. There are many elements to building and executing on an exit strategy. You need to develop goals that are aligned with those of your estate plan, you need to plan for the growth of your business over time, and you need to develop succession and transition plans as well.
Read MoreWhy do people buy and sell businesses? The answers vary from company to company, but there are several common driving forces.
Read MoreThe last thing you want is to feel this way when you’re looking to exit your business. Selling a business is stressful—it’s one of those high-priority events in our lives, , like getting married, the birth of our children or starting the business. It’s inevitable that these events in our lives all lead to stress, but that doesn’t mean you can’t control it!
Read MoreFrom overall stability to a strong sense of shared commitment, running or working in a family business has a number of advantages. But anyone who’s been involved with one knows that it’s no cake walk, either. It’s just a fact of life: family-run companies come with a unique set of benefits and challenges.
Read MoreA couple of the services we offer on a routine basis are succession planning and exit planning. Among the general public, these services are sometimes unclear. Let’s take a look at both succession planning and exit planning to promote a greater understanding.
Read MoreYou can sell your business to the first unsolicited buyer if you wish – but if you want to ensure a fair sale, one that yields all the profits you deserve and meets all of your goals, planning on your part is absolutely essential.
Read MoreLet’s talk about enhancing value and maximizing the return for family business owners. To get the most money and get the most people interested in buying your business, you need to plan in advance. This is where we do our best work on the planning side of our business, setting up owners for greater success, months and years ahead of the actual exit transaction.
Read MoreSome businesses fail to survive after the death, incapacity, or retirement of the controlling family members. Family business founders must balance the challenges of running any business with those related to family dynamics. Many of these challenges may be addressed by a cohesive approach to transition planning and estate planning, culminating in an exit strategy.
Read MoreThere are many reasons to cultivate a partnership ethos in your business, especially when you map those reasons back to meeting the needs of your clients.
Read MoreWhen I think about my own 35 years as a business broker, not only in what I’ve accomplished in collaboration with Sabre Capital’s partners and clients, but also in the many other business broker colleagues whom I admire, I see some common denominators of success.
Read MoreRegardless of your industry, if you’re a young founder who finds a successful exit during what’s usually the first half of one’s life, you’re proving that you have good ideas and that you know how to run a stellar business and take on the right partners and relationships to sustain your run to a highly profitable exit. My question for you today is, “What’s next?”
Read MoreSabre Capital is proud to announce its sponsorship of the 2018 Carolina Beach Music Awards, commonly known as the “Cammys.” This Friday, September 21, will see the announcement of the 2018 Cammy nominees, live at the Spanish Galleon nightclub in North Myrtle Beach, South Carolina. The awards weekend will take place November 7-11 at the Alabama Theatre, also in North Myrtle Beach.
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