David Buddemeyer’s path toward becoming Senior Advisor at Viking M&A in Charleston is a decades-long adventure drawing from diverse experience and expertise. From humble beginnings cutting lawns as a teen to his role today with Viking, Dave’s career reflects a strong background in varied industries across multiple markets. Some of that valuable experience came early on while working for his …
Why do people say cash is king when selling a business? And what does it really mean? “Cash is king” in the context of selling a business emphasizes the importance of cash flow and liquidity in determining the value and attractiveness of the company to potential buyers. Here are a few key reasons why cash is king when selling a …
If you are considering selling your small to midsize business, you may already know that extensive financial information goes into constructing a deal. Appraisal and fair market values are two of these figures, which are fundamental in getting the most money for the company you have worked hard to build. Although these two numbers should ideally be the same, fluctuations …
Deciding to sell your small business can be a complex journey. So, when it’s time to exit the organization that you put time and effort into growing, you want the process to be as smooth as possible. While no two business sales will look the same, any business owner can benefit from these practical steps to help find the right …
As an e-commerce business owner, you have likely noticed things run differently than in a traditional, brick-and-mortar organization. Lower overhead costs often mean increased profits, which the e-commerce sector has demonstrated with its substantial growth in recent years. However, you may wish to move on to a new opportunity or new field altogether, which means you want to sell your …
We wanted to share some important changes that the SBA has issued and what that means for both Buyers and Sellers. The SBA changed the conditions for a Seller Note to be considered part of the Buyers Equity Injection (aka Down Payment). Under the former guidelines, the seller note must be on Full Standby (no principle or interest payments) until …
Reed Kelly’s journey from a small town in Tennessee to a Senior Advisor at Viking M&A is an inspiring one. He has navigated various challenges and changes in his career and emerged as a successful leader in the financial services and M&A industry. His story is a prime example of how hard work and a willingness to adapt can lead …
Born and raised in Parkland, Florida, Jacob Middleton learned very early on the sacrifices a family will make for their business. Jacob lost his mother at a young age, just after his father opened his small optometry practice in Boca Raton. From then on, Jacob saw firsthand the challenges a parent can face to pursue successful business entrepreneurship for their …
We are committed to helping business owners achieve their desired exit. And we are committed enough to tell a client, “It is not the right time yet.” When working with an owner who wants to list their business with us, we are willing to recommend waiting. Why wouldn’t it be the right time to sell? There could be several reasons. …
Along with his seven siblings, Jimmy Span watched his father work hard every day at a steady job to provide for the family. As a result, he learned the value of consistency, staying the course, and avoiding risk. Meanwhile, he saw his dad’s brother approach the world quite differently. Jimmy’s uncle was a lifelong risk-taker who became a Navy fighter …
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