The Silver Tsunami Is Coming

What does “owner readiness” look like in the next decade? What are the trends associated with business succession and exit planning? When is a good time to sell a business, and how does the M&A market look in the future? What do I need to do to improve my business, and why is it so important to sell sooner rather …

When should I sell my HVAC business?

In over two decades of working with business owners, one of the most common questions we hear is, “When is the right time to sell my business?” The short answer is: when your business is doing well. The long answer is a bit more nuanced. Drawing from our years of experience, here are two important factors to help determine when …

How Much Profit Should I Make?

Profit. It’s obviously important for every business owner and is a necessary goal in order to start, build, and grow a business. But every business makes a different profit depending on size, location, industry, customers, and other factors. So how much profit should your business make? When the holidays are over, and you begin a New Year- it’s important to …

Challenges Business Owners Will Be Facing in 2019 Series: Revenue Growth – Talking to Your Employees

In last month’s topic, Revenue Growth – “Talking to your Customers”, I interviewed Dario Priolo, a marketing consultant, about the importance of talking to your customers to understand how they view your products and services and their relationship with your company. Priolo believes this demonstrates to your customers that you care and value the relationship your company has with them. …

Business Succession Planning Seminar: The Emotional Aspects of Selling Your Business

Business Succession Planning Seminar: The Emotional Aspects of Selling Your Business What we learned from the second interactive seminar of the Business Succession Planning Series. Viking Mergers & Acquisitions held the second interactive seminar of the Business Succession Planning Series on August 23rd, 2017.  We had an exceptional panel of experienced professionals discussing the emotional challenges business owners face when …