The Critical Role of Storytelling in Selling a Business
Every business has a story to tell. In fact, selling a business involves the art of storytelling as you must pique interest and enthusiasm in the mind of the buyer. Through storytelling, you can convey not only the history of a business, but also its future. Good business brokers and M&A advisors are storytellers who know how to relay the core truths and the core values of a given...Read More
How Inexperience Can Impact Your Business Sale
The lessons learned through hands-on experience are often irreplaceable. When it comes to selling or transferring ownership of a business, inexperience can be particularly troublesome. Many business brokers and M&A advisors have observed firsthand the jeopardy business owners can face when they either attempt to sell their business on their own or engage someone without the proper...Read More
From Boom to Bust: Understanding the Shake-out, Maturity and Decline Phases
In this episode of the Napkin Numbers podcast, join Scott Lundt and Rahsaan Freeman as they guide you through the crucial last stages of the business lifecycle. From navigating the shake-out phase to thriving in business maturity, they offer actionable strategies for recognizing decline, optimizing funding, and planning your exit – because...Read More
Unraveling the Complex Realities of Valuations
Determining an accurate valuation for a company is far from straightforward. It involves a range of complex, and often rapidly changing, factors. The challenge is compounded by the fact that some aspects of valuation are inherently subjective. This means that different professionals might ultimately arrive at different conclusions. Despite these challenges, we can establish ways to navigate...Read More
