The Silver Tsunami is Here
More than 75 million Baby Boomers are poised to retire (part of what has been dubbed the “Silver Tsunami”). Early studies indicated mass exodus of Boomers from the workforce would happen steadily over the next 20 years. Back in 2020, however, I shared my opinion that the COVID-19 pandemic was a wake-up call for many Boomers (those born between 1946 …
Top 5 Growing Business Industries in Nashville, TN
Here at Viking Mergers & Acquisitions, we strive to provide the best professional and confidential services to our clients located throughout the Southeast United States. Our markets focus on cities that embrace entrepreneurship and the surrounding areas where business is thriving. Right now, Middle Tennessee is booming with business and entrepreneurship and is an ideal place to start, grow, or …
What is an Earnout? What is a Seller Note? Protections to Consider When Selling a Business
When selling a business, the purchase price can be paid in several ways. Receiving the entire purchase price in cash at closing is, of course, the most straightforward and preferred option for the Seller. But there are business transaction structures where only part of the purchase price will be paid in cash, and the remainder will be paid via a …
What To Do After Selling a Business
Successfully selling a business is a remarkable achievement for any entrepreneur. When you sell a business that you have poured your life into, you arrive at a unique opportunity to use your wealth and your time however you choose. On the surface, this may sound like perfection. However, navigating what to do after selling a business can be more challenging …
Selling a Business: 3 Types of Buyers You Will Meet
Even if you have just begun thinking about selling a business, you have likely already realized that the world of mergers & acquisitions can be overwhelming. For business owners who are new to the selling process, there is a great deal to learn. That is why Viking Mergers & Acquisitions educates all of our sellers on the different types …
Ask These 2 Questions Before Buying a Business or Starting a New Business in 2022
With the start of a new year comes the opportunity to dream new dreams, set new goals, and revisit old ones. For many, the dream of owning your own business moves back to the forefront of your goals, asking for the attention it deserves. Often though, this stirs up more questions than answers – the first being, “Is it a …
LLC vs C-Corp vs S-Corp: Choosing a Business Structure
Starting a business is an exciting venture, and choosing the right business structure is an important step. The business structure you choose will influence everything from day-to-day operations to taxes and how much of your personal assets are at risk. Be sure to choose a business structure that gives you the right balance of legal protections and benefits. Common Types …
Rollovers as Business Startups: ROBS
Rollovers as Business Startups (ROBS) allow a person to start or acquire a business using their 401(k) without paying early withdrawal penalties or upfront taxes. I utilized my 401(k) when I purchased a business from Viking M&A years ago. You might be surprised at how many folks have no idea that this is an option! What is a ROBS? A …
