How to Build Value in a Bookstore Prior to Selling Contrary to popular belief, bookstores are actually expected to grow over the next 4 years. In our digital age of advanced technology, you’ve probably heard that books are on their way to becoming obsolete. Within a couple decades, some people anticipate that libraries will no longer exist and that books …
What the Colonial Pipeline Leak Taught us about Small Business How do high gas prices and shortages affect small businesses? On Monday, September, 12, 2016, a leak in the Colonial Pipeline in Shelby, Alabama resulted in a massive spill of nearly 350,000 gallons of summer-blend gasoline. Ultimately, the leak lead to a partial shutdown of the pipeline and thus began …
How to Sell your Investigative Services Firm for the Highest Price Industry predictions and economic stability make it a great time to begin planning your exit. As our economy continues to prosper and the buyer pool in the Southeast expands, the time to sell a business has never been better. We are in the midst of a Seller’s Market, which gives …
Tri-Tec Industries, a precision machine shop with a 19-year history in Charlotte, NC has officially been sold to new owners through Viking Mergers & Acquisitions, a middle market business brokerage firm. Tri-Tec was formerly owned by Ray Motley, Mike Davidson and Rick Loyd, all of whom founded the business in 1997 and have since grown it to become a leading …
8 Ways to Minimize the Drama in a Family-Owned Business Emotions can run high when working with relatives; use these 8 tips to minimize the drama. It’s the American Dream: managing a thriving business in an industry you love while employing all your relatives to partake in the prosperity. Wait, what? Is that the American Dream? Some people might think …
The M&A market in South Carolina continues to see an uptick in activity as Rock Hill-based waste management company, Morningstar Waste Services, was acquired by Liberty Waste Services late last week. The transaction was facilitated by Viking Mergers & Acquisitions, a M&A firm that has been serving middle market business owners in the Carolinas for over 20 years. Morningstar Waste …
Exit Planning for a Hardware Store: How to Build Value in 5 Steps Profitable hardware stores are in high demand and often sell quickly. Small business ownership can often be a bumpy, unpredictable journey but also incredibly fulfilling and adventurous. Entrepreneurship isn’t for everyone but those that pursue a career in owning a business of their own generally have no …
Mountain Water Systems, a water softening equipment supplier located in Asheville, NC, was officially sold to new owners by way of Viking Mergers & Acquisitions. Mountain Water Systems was founded in 1984 and purchased by the recent sellers, Jim Roberts and Steve Mayer in 2008. Since Jim Roberts and Steve Mayer took over, the business has grown exponentially and several …
Small Business Civic Engagement: Why it Matters & How to Get Involved Is corporate volunteering one of your small business initiatives? It should be. Community involvement is not only about giving back; it’s about building character within your business. It’s showing current and future clients that you care about others, it’s developing ethics and empathy within your employees, and it is …
4 Steps to Selling Your Auto Parts Manufacturing Firm Manufacturing businesses are in high demand right now – giving you an advantage. The automotive services sector has become one of the largest and most lucrative industries in the American market today and is only expected to continue growing through the next decade. Automotive services encompass a variety of subsectors, including …
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