Angel investors can be crucial to start-up businesses. When options for getting the funds necessary to start your business are limited, finding an angel investor is a valid option to consider
Business owners ask us all the time if they want to prepare to sell their business in a couple of years, what are the top 4-5 things they can focus on to maximize their business value, and how is business valuation calculated? In this workshop Eric will touch on recasting financial statements, finding industry rules of thumb, using sold market comparables, and the top 5 things any business owner should do right away to maximize business value and exit their business in style.
You’ve decided the corporate life, the 9-5 grind, just isn’t for you. You’re tired of working for someone else and want to be your own boss. You don’t want to start from scratch, so you’d like to start searching for businesses for sale. Great! Congratulations! Now you can begin to answer the hard question: what type of business should you buy?
We were proud to be hosts for the Grand Junction Chamber of Commerce’s Quarterly Luncheon and Candidate forum this past Monday. It was an honor to be able to recognize those companies in town who are helping to grow the economy by expanding their businesses and creating new jobs.
If you’re considering starting a business, or considering selling one, knowing how to create a valuable business is key. No one wants to run or buy a business that is worthless. The question is, what is the best way to make your business valuable? According to Warren Buffet you need to find your moat. What’s your competitive advantage? Your niche? What sets you apart? This is what you need to find and need to focus on.
Congratulations! You’ve taken the plunge to leave behind your old job and buy a business of your own. You’re now the boss, and of your many new concerns, you have to figure out how to maximize marketing, or at least locate a marketing specialist. How much focus the previous owner put on marketing, will determine how much time and money you’ll need to spend on your new marketing plan. If the previous owners didn’t put much time and effort into digital marketing, you may have to account for a few extra marketing projects ahead.
According to BizBuySell’s Insight Report, 2018 was the third year in a row in which business transactions, the buying and selling of businesses, increased. Over 10,000 businesses were bought and sold in the U.S. last year and the reasons seem pretty straight forward:
The 2018 4Q Venture Monitor provides a detailed look at Venture Capital projects across the country. According to Pitchbook’s report, over $130 billion was invested in over 8,900 Venture Capital deals in 2018. We’re happy to say that venture capital groups in Colorado provided $1.6 billion in funding in 2018, more than ever before!
If you’ve visited our site before, you know we often post about exit planning. We believe that the decision to sell your business is one of the biggest decisions you’ll make, and therefore we want to provide you with plenty of resources for preparing to do just that.
At Venture Advocates, we like to sit down with our sellers and create a video that truly interested buyers can watch. Often this video will answer many of the questions that a buyer has about the business they’re considering purchasing. However, on the off chance you’re out there on your own talking to a business owner, here are questions you may want to ask:
