by LutzMBG | Dec 12, 2024 | business sale, exit planning
2024 Unpacked ... As 2024 rushes to a close, it’s easy to get swept up in the holiday hustle or dive into planning for the new year. But before we turn the page, let’s take a moment to pause and reflect. This year brought its fair share of wins and challenges. Maybe...
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 | Jul 25, 2024 | business sale, exit planning
Personal, Financial & Business Readiness Are Key Factors When Selling a Company Exiting a business is more than a financial transaction; it is a significant life transition that requires careful planning and consideration. Whether you move on to retirement, new...
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...