by Portage M&A Advisory | Sep 28, 2021 | Blog
Business owners often come to us concerned about employee jobs and retention issues after a sale. They worry that selling their business will lead to job losses if certain positions become redundant. However, buyers today are often just as focused on retention...
by Portage M&A Advisory | Sep 17, 2021 | Blog
When selling your business, you may receive offers from three kinds of buyers: strategic, financial, and individual. Here’s a look at the most common buyers and where their motivations lie. Strategic buyer: The strategic buyer is a company that is looking to grow by...
by Portage M&A Advisory | Aug 31, 2021 | Blog
I don’t know of anyone whose business wasn’t affected, at some level, in 2020. Businesses were either on the COVID slump or the COVID bump. Some businesses, like gyms, may have lost customers permanently as people brought those experiences into the home. For...
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...
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