Revenue, SDE, and EBITDA can significantly impact a buyer’s decision on whether to pursue a particular opportunity, let alone purchase that business. Most buyers are searching for a business with the lowest possible multiple.
Mergers & Acquisitions – They say selling a business is an art – we’ve turned it into a science
Schedule a ConsultationRevenue, SDE, and EBITDA can significantly impact a buyer’s decision on whether to pursue a particular opportunity, let alone purchase that business. Most buyers are searching for a business with the lowest possible multiple.
If you’re near Google, go ahead and search for “businesses for sale.” What you’ll get in return in a fraction of a second is a myriad of web portals that exclusively list opportunities for prospective owners of small and mid-sized businesses.
The steps that follow are necessary to consider only if the initial marketing campaigns to sell your business aren’t generating adequate results. So, if they’re not coming to you, you may need to go to them.
With a targeted campaign, we reach out directly to potential corporate buyers — many M&A advisors call this a private auction. This involves compiling a list of potential corporate buyers and then contacting them directly through emails, letters, and phone calls. Corporate buyers can also be targeted through select trade publications.
You must figure out the most efficient way to contact your targeted market. Do you hunt them down directly? Or, is it more effective to advertise your business for sale in the form of targeted media that reaches those who are actively looking for businesses to buy?
Less than a third of businesses on the market actually change hands. So what does this mean for you? Think about it – with a significant amount of your wealth tied up in your business, planning your exit is one of the most critical decisions you’ll make.
For a business to sell for what it’s really worth – or even more – you need to properly prepare. But too many entrepreneurs put off planning the sale of their business until the last moment. Acquired will help you prepare your business for sale and walk you through the sales process, dodging the pitfalls along the way. Planning your exits is one of the most critical initiatives you’ll undertake. Don’t go it alone.