When selling a business, maintaining confidentiality is critical. There are three main reasons a confidentiality agreement is an absolute must for all business sales, and it is important for any business owner to understand why. The main purpose of a business sale confidentiality agreement, also called a non-disclosure agreement, or NDA, is to protect the intellectual and property rights of …
Road King Trailers, a manufacturer of aluminum and galvanized boat and PWC trailers, with two facilities located in Chandler, NC, and Ocala, NC was recently acquired by a new owner with the assistance of Viking Mergers & Acquisitions, an industry-leading middle-market business intermediary firm. The Hamm and Miller family have been working together for more than 40 years and their …
We’ve been asked by many people in recent months whether the timing is right to sell their business. The short answer is yes! There are obviously many factors that are in play when bringing a business to market. Obviously, the period around the Great Recession in 2008-2010 is an example of one of the tougher times to try and sell …
Every four years, business owners who have considered selling a business will pause to consider how a change in presidential administration might affect that sale. Regardless of the anticipated details, the uncertainty itself can cause anxiety for any business owner. This is why, even in the most certain and predictable times, utilizing the expertise of a professional advisor can bring …
Selling a business is no small matter — especially when it is your business. That is why it is essential to lean on the expertise of experienced professionals whenever possible. At Viking Mergers & Acquisitions, we have over two decades of experience buying and selling businesses, so we understand both sides of the negotiation table, and we can help sellers …
If you are selling a business, it is wise to shift your mindset from simply, “How to find buyers for a business,” to “How to find the right buyer for my business.” Finding the right buyer for your business is critical for a successful transaction and a smooth transition. Here are some factors to consider that can help you identify …
When you sense the urge of entrepreneurship, you may want to start a new business. But that is not your only option. There is the option to purchase an existing business. Just as in the startup of something new, the process of how to buy a business that already exists is both thrilling and complex. There are common mistakes to …
According to a study by Harvard Business Review, nearly 30% of entrepreneurs (whether business owners or founders) feel burned out. Most of us are familiar with the risks of burnout by now: job dissatisfaction, poor performance, and even more health-related issues like heart disease and depression. Can burnout as a business owner be avoided? Can it be overcome? Here are …
Regardless of your business’s location, size, and industry, for an experienced business advisor, the process of selling a business is actually very straightforward. It is the do-it-yourself seller who typically experiences a more uncertain path to selling a business. If you are selling your business, choosing to work with professional business advisors (rather than navigating the sales process on your …
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