by Portage M&A Advisory | Jul 16, 2021 | Blog
During a business conference I attended a couple of years ago, the facilitator asked, “What is the biggest characteristic that contributes to future success?” Think for a moment about how you would answer that question. Would you say intelligence? Strategic thinking?...
by Portage M&A Advisory | Jun 7, 2021 | Blog
Over my career, I have witnessed business owners who spent more time planning for their children’s wedding, their 50th wedding anniversary, or even their fantasy football draft, than they put into planning for the sale of their business. According to the quarterly...
by Portage M&A Advisory | May 5, 2021 | Blog
We’re just a few weeks into spring and that means it’s time for spring cleaning – both at home and at work. Putting in this effort on a yearly basis makes due diligence and the whole business sale process a lot smoother. Here’s what I mean: Clean...
by Portage M&A Advisory | May 5, 2021 | Blog
As a business owner, you have to evaluate the role you want in a transition as part of your overall evaluation of the suitors interested in your business. Hopefully, you’ll have four or five offers to choose from, and if you do, what you’ll find is that those...
by Portage M&A Advisory | Apr 22, 2021 | Blog
Economically speaking, COVID-19 was a “natural disaster.” That’s according to Brian Beaulieu, CEO and chief economist of ITR economics. Beaulieu spoke at the virtual State of M&A conference hosted by Cornerstone Business Services in February,...
by Portage M&A Advisory | Apr 22, 2021 | Blog
As you start thinking about selling your business, it is important to engage with someone who can coach you. There’s a lot of value you can create over the final years before you sell. Start asking questions like, “How can I position my...
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