Have you ever heard the term FOMO? Simply put, it’s millenial-speak for fear of missing out. In a highly-publicized, socially-shared society, that anxiety makes some sense. After all, it seems like there are always better things happening somewhere else. FOMO doesn’t just apply to millenials as they scroll through Instagram, though – it also applies to mergers and acquisitions.
M&A Soap Box
Ready to Sell Your Business? Last time around, we talked about critical steps to prepare your business for sale. Now, it makes sense to ponder a critical question: do the current market conditions make it a good time to sell?
Business Valuation: As you sell your business, it’s crucial to understand its value. You want an intermediary who understands accepted valuation approaches and knows how to apply them to your business. Anyone can tell you what you want to hear. What you actually need is an objective, honest assessment that helps you understand what your company might bring in the marketplace. Anything else is just a waste of your time.
We stumbled onto a unique business system that has brought unbelievable success to its owners. Although very rare, those that were using it were not only experiencing a high success, rate but also significant earnings. This kind of franchising information could make a huge difference for you, both personally and professionally.