Buy vs. Start: 5 Benefits of Acquisition Entrepreneurship

Today’s small business owners face a challenging business landscape characterized by economic uncertainty and rapidly shifting political dynamics. Yet, despite these obstacles,  new business owners are successfully paving their way to success by starting a new franchise, acquiring an existing business, or launching a venture from scratch. According to a Guidant Financial study, 33% of small business owners purchased an …

25 Questions to Ask When Buying a Business

Every year, millions of Americans give up their jobs in Corporate America to pursue the dream of owning a business. Deciding to buy and grow an existing business is a huge step for most entrepreneurs, and it can be incredibly gratifying.  However, buying a business can take time and effort to navigate, especially for first-time entrepreneurs new to the world …

M&A Industry Trends: What Sectors Have the Best-Selling Businesses?

Mergers and acquisitions are generally most common in the technology, healthcare, financial services, and retail sectors. But some industries — including manufacturing and finance — saw more M&A action in 2022 than others. This shift resulted in a slight shuffling among the most sought-after business sectors in 2023. As the economy slowed, the end of 2022 saw reduced M&A activity …

An Adventure in Acquisition Entrepreneurship

I recently had the pleasure of sitting down with Ken Massey, owner of Autumnwood Designs, to discuss his experience as a business owner. In 2021, Ken ventured into the world of “acquisition entrepreneurship” – and joined the ranks of a growing number of success stories. There is a great deal of insight to glean from Ken’s journey, which he generously …

Business Advisor Highlight: Raleigh, NC

At age 14, Devak Patel began working for his father. Their family owned multiple Dairy Queen franchises, and Devak recalls the high expectations that came with working with his dad. While challenging, it also afforded him the opportunity to learn, not just from an employee perspective but also from his dad’s experience as the business owner. Devak developed an interest …