by LutzMBG | Jan 22, 2025 | business sale, business valuation, exit planning
What It Is, Why You Need It, And How to Get Started. You’ve heard it before: to truly understand what your business is worth today—or if you’re planning to sell in the future—you need a valuation. Business owners often find this concept confusing or are unsure of...
by LutzMBG | Oct 28, 2024 | business sale, business valuation, exit planning
Think Selling Your Business is Quick? Think Again. Selling a business isn’t like selling your house or your car. You can’t just throw up a listing and sit back, waiting for offers to roll in. Selling a business is a complex, strategic, and emotional process with...
by LutzMBG | Jun 27, 2024 | business sale, business valuation, exit planning
There Are Two Types of Buyers—Here's Why You Need to Prepare for Both Whether you aim to sell your business next year or a decade from now, you need to consider and prepare for two primary types of buyers: Financial and strategic buyers. The Financial Buyer Financial...
by LutzMBG | Jun 13, 2024 | business sale, business valuation, exit planning
Why Knowing Your Company’s Worth is Critical Owning a business is a cornerstone of the American dream. Still, it comes with countless challenges: managing payroll, sales, key clients, accounts, HR, staying ahead of industry trends, warding off competition, and driving...
by LutzMBG | May 18, 2023 | business sale, business valuation, exit planning
Two Steps Will Set Your Company Apart From Your Competition: 1. Specializing in One Product or Service This allows you to focus and deliver that product better than everyone else. It enables you to hire (or train) specialists in your field, improving the...
by LutzMBG | Apr 12, 2023 | business sale, business valuation, exit planning
When I ask business owners whether they think a business valuation could benefit their business, the typical response is: A business valuation? I’ll think about that when I’m ready to retire… which, of course, will be the day after never. The...
